Ravean

Ravean

[Closed for Investment] 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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Investment Overview

Raised this Round: Raised: $410,507

Deal Terms

Total Commitments ($USD)

Platform
SeedInvest
Start Date
01/23/2018
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

Company & Team

Company

Year Founded
2017
Industry
Apparel & Fashion
Tech Sector
Location
Sandy, Utah
Company Website
Visit Website

Team

Employees
4

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/23/2018 SeedInvest $4,000,000 $410,507 Equity - Preferred Funded RegCF / RegD 506(c)
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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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