Overview

Deal Terms

Company Profile

Deal Summary

Financials

Funding History

Growth Charts

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Ouragins

Platform

Rialto Markets

Start Date

08/28/2022

Close Date

04/30/2023

Min. Goal

$10,001

Max. Goal

$1,200,000

Min. Investment

$240

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    

Price Per Share

$2.40

Pre-Money Valuation

$18,935,379

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Ouragins

Year Founded

2020

Industry

Apparel & Fashion

Tech Sector

HealthTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

El Monte, California

Business Type

Growth

Company Website

Ouragins, with a valuation of $18.9 million, is raising funds on Rialto Markets. The company makes science-backed scrubs using antimicrobial tech fabrics. The fabrics of Ouragins scrubs are soft, breathable, come with 4-way stretch, and move seamlessly with the customers. Ouragins is led by an experienced team and has been featured in Yahoo, Men’s Health, and Business Insider. Shaun Veran founded Ouragins in July 2020. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,200,000. The campaign proceeds will be used for product development, tech and data science, sales and marketing, and new hires.

Summary Profit and Loss Statement

	Most Recent Year	Prior Year
Revenue	$0	$0
COGS	$0	$0
Tax	$800	$0
Net Income	$-632	$0

Summary Balance Sheet

	Most Recent Year	Prior Year
Cash	$4,906	$151,520
Accounts Receivable	$0	$0
Total Assets	$225,110	$202,929
Short-Term Debt	$742	$2,929
Long-Term Debt	$0	$0
Total Liabilities	$742	$2,929

Financials as of: 08/28/2022

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Raise History

Offering Name	Close Date	Platform	Valuation/Cap	Total Raised	Security Type	Status	Reg Type
Ouragins	04/29/2023	Rialto Markets	$18,935,379	-	Equity - Common	Funded	RegCF
Ouragins	04/02/2022	Rialto Markets	$12,791,768	$146,312	Equity - Common	Funded	RegCF

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• Price per Share
• Valuation
• Revenue
• Employees

Price per Share Valuation Revenue Employees

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Ouragins CEO Shaun Veran on Giving Back to Healthcare Professionals

You’d be hard-pressed to find a medical uniform more iconic than the scrub. Starting out in operating rooms in the 1950s, scrubs quickly became the clothing of choice for medical professionals of every specialty. They’re lightweight, easy to clean, and can even be antimicrobial to fight the spread of disease. 

Ouragins has updated and improved the traditional scrub. Its design features copper threading and advanced antimicrobial technology to help fight bacterial spread in the wake of the COVID-19 pandemic. We spoke with CEO Shaun Veran about how Ouragins is taking scrubs into the future and how the company is giving back to its most loyal customers.

Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.

Read Founder Interview