Ravean

Ravean

Early Stage

Ravean's mission is to become the #1 powered and heated wearables brand in the world.

Ravean's mission is to become the #1 powered and heated wearables brand in the world.

Overview

Raised to Date: Raised: $410,507

Total Commitments ($USD)

Platform

SeedInvest

Start Date

01/22/2018

Close Date

03/23/2018

Min. Goal
$150,000
Max. Goal
$446,806
Min. Investment

$500

Security Type

Equity - Preferred

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Price Per Share

$0.99

Pre-Money Valuation

$4,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/28/2018

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$6,958

Momentum
Funded
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Year Founded

2017

Industry

Apparel & Fashion

Tech Sector

Location

Sandy, Utah

Who Should Be Interested:
If you hate being left in the cold or without a charge for your devices, then Ravean might be the investment for you. Their down jackets are durable, comfortable -- and heated. Plus, they can charge your devices. What’s not to love?

The Company:
Ravean is bringing the heat -- to jackets, that is. They’ve created stylish, light, and washable down jackets that you can heat up when the temperature drops. Their jackets can also charge your phone. Their heated wearables have already raised $2.6 million on Kickstarter and Indieogogo via six campaigns with 14,000 backers; they’ve sold over 30,000 items and have over 28,000 Facebook followers; and they own a perpetual exclusive license to five core-heated technology patents. Plus, their team knows their stuff. They have over 60 combined years of manufacturing and supply chain experience, over 30 years of brand and product development experience, and over ten years of e-commerce and marketing experience. Ravean’s mission is to become the #1 rated heat and powered wearables brand in the world -- and they are well on their way to making it there.

The Bottom Line:
With Ravean’s products, you can control the heat, direct the heat where you want it, and look stylish all at the same time. Oh, and you can also charge your devices, too. Ravean lets your adventure side come out -- no matter what the temperature might be.
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Ravean on SeedInvest
Platform: SeedInvest
Security Type: Equity - Preferred
Valuation: $4,000,000
Price per Share: $0.99

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Warning: according to the close date for this deal, Ravean may no longer be accepting investments.

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