Olly Awake

Early Stage

We are on the forefront of inclusivity through Gender Equal Apparel.

Analytics

Raised to Date: Raised: $32,050

Aggregate Commitments $

Platform

Wefunder

Start Date

11/20/2020

Close Date

04/30/2021

Min. Goal

$20,000

Max. Goal

$250,000

Min. Investment

$250

Security Type

Convertible Note

Funding Type

RegCF

Series

Seed

Valuation Cap

$1,500,000

Discount Rate

20%

Rolling Commitments $

Status
Funded
Reporting Date

05/02/2021

Days Remaining
Funded
% of Min. Goal

160%

% of Max. Goal

13%

Likelihood of Max
Funded
Avg. Daily Raise

$199

# of Investors

43

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Location

Columbus, Ohio

Industry

Apparel & Fashion

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

Olly Awake, with a valuation cap of $1.5 million, is raising funds on Wefunder. It is an open-minded and empowered company focused on Gender Equal Apparel. The clothes of Olly Awake come in shapes rather than sizes and promote mutual respect and empowerment. Olly Awake was founded by Kevin Terry Smith in 2016. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $250,000, and the funds will be used for marketing, cost of goods, sampling, event expenses, and admin expenses. Olly Awake has a following of thousands of loyal and excited cheerleaders. It aims to redesign apparel and break the barriers.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$4,116

$2,316

COGS

$2,520

$13,314

Tax

$0

$0

 

 

Net Income

$69

$-14,489

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$227

$345

Accounts Receivable

$0

$0

Total Assets

$227

$345

Short-Term Debt

$3,333

$3,333

Long-Term Debt

$894

$4,228

Total Liabilities

$4,228

$7,561

Financials as of: 11/20/2020
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Olly Awake on Wefunder
$
Platform: Wefunder
Security Type: Convertible Note
Valuation: $1,500,000

Follow company

Follow Olly Awake on Wefunder
View on Wefunder (Closed)
Bullish / Bearish
You're Bullish on Olly Awake on Wefunder

Thank you for your vote on Olly Awake on Wefunder

Bullish / Bearish
You're Bearish on Olly Awake on Wefunder

Thank you for your vote on Olly Awake on Wefunder