PYNRS
About this raise
PYNRS, with a valuation of $3.5 million, is raising funds on Seed At The Table. It is a streetwear-inspired performance running apparel brand championing community and diversity in the sport of running. PYNRS is not just making clothes but crafting culture, shattering stereotypes, and creating connections. The company uses high-quality fabrics that are buttery-soft and high-performing and move with the body to better support multiple body types. Sidney Baptista founded PYNRS in May 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for marketing, research and development, manufacturing, future wages, and fulfillment.
Investment Overview
Invested : $120,500
Deal Terms
Total Commitments
- Platform
- Seed At The Table
- Start Date
- 03/18/2024
- Close Date
- 11/30/2024
$50,000
$124,000
$250
SAFE
Early Stage
RegCF
$3,500,000
0%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Apparel & Fashion
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue +53% YoY
-
$98,023
as of FY2023
-
Cash on Hand
-
$186,383
as of FY2023
- Gross Margin
-
6%
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- Yes
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/30/2024 | Seed At The Table | $3,500,000 | $120,500 | SAFE | Funded | RegCF |