Parker Clay Global
About this raise
Parker Clay Global is raising funds through Reg A+ crowdfunding with Dealmaker Securities as the Broker-Dealer. The company makes and sells premium and sustainable leather bags. The bags of Parker Clay Global are made using a better model of making, shopping, and consuming. Parker Clay Global has generated over $20 million in sales since its inception, with 76% year-over-year growth and 372% growth since 2018. Brittany Bentley and Ian Bentley founded Parker Clay Global in 2020. The current crowdfunding campaign has a maximum target of $15 million. The campaign proceeds will be used for marketing, production and manufacturing, inventory, additional retail locations, recruitment and hiring, and working capital.
Investment Overview
Invested $1,149,409 :
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Apparel & Fashion
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +22% YoY
- $4,832,839
- Monthly Burn
- $62,050
-
Runway
- 10.4 months
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Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
12/14/2023 | DealMaker Securities | $45,000,000 | $1,149,409 | Equity - Common | Funded | RegA+ |
Founder Profile
Ian Bentley: Weaving Ethics into Leather Luxury
A company’s social impact can come from its products, but also from its operations and governance. Ian Bentley, founder and CEO of Parker Clay, manufactures long-lasting high-quality bags while employing vulnerable women in Ethiopia, improving their quality of life.