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.
Investment Overview
Raised: $410,507
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Apparel & Fashion
- Tech Sector
- Location
- Sandy, Utah
- Company Website
-
Visit Website
Team
- Employees
- 4
Financials
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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) |