Radical Girl Gang
Early Stage
Curated marketplace to discover, shop + support emerging women-owned brands
Overview
Raised: $0
Total Commitments ($USD)
Platform
Republic
Start Date
11/16/2021
Close Date
12/11/2021
Min. Goal
$25,000
Max. Goal
$350,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$4,000,000
Discount
20%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
12/10/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2019
Industry
Apparel & Fashion
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Radical Girl Gang, with a valuation of $4 million, is raising funds on Republic. The company has developed a curated marketplace for users to discover and shop from emerging women-owned brands. The aim of the company’s business model is to support women-owned businesses by providing them with increased exposure and supplemental marketing. Radical Girl Gang has launched over 75 brands and reported a 263% year-over-year growth in the first year of operations. Breanne Cruickshank founded Radical Girl Gang in August 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $350,000. The campaign proceeds will be used for marketing, hiring, and expansion of the in-house line.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$76,748 |
$10,577 |
|
COGS |
$44,091 |
$5,781 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-3,125 |
$-4,586 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$69,683 |
$5,092 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$69,683 |
$5,092 |
|
Short-Term Debt |
$10,781 |
$3,178 |
|
Long-Term Debt |
$66,113 |
$6,000 |
|
Total Liabilities |
$76,894 |
$9,178 |
Financials as of: 11/16/2021
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