Ouragins
tech scrubs that turn customers into shareholders
Overview
Platform
Rialto Markets
Start Date
08/29/2022
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
Year Founded
2020
Industry
Apparel & Fashion
Tech Sector
HealthTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
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: 08/29/2022
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Founder Profile
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.
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