Royal Albartross

Royal Albartross

Royal Albartross, with a valuation of $12 million, is raising funds on Wefunder. It is an award-winning brand known for its finest quality golf shoes. Royal Albartross uses traditional craftsmanship and technical advances to design premium golf shoes in classic styles that are built to last and hold their value. The company sources skilled artisans, including Italian craftsmen, who use traditional manufacturing techniques for high performance and quality. Royal Albartross has sold over 100,000 shoes and has generated $12 million in lifetime revenue. Ross Hocknell and Alex Bartholomew founded Royal Albartross in July 2024. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for hiring, marketing, inventory, product development, and working capital.

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Investment Overview

Raised this Round: Raised: $527,075

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
09/27/2024
Close Date
04/30/2025
Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment

$100

Security Type

Equity - Preferred

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$12,000,000

Company & Team

Company

Year Founded
2024
Industry
Apparel & Fashion
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Tallahassee, Florida
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Ross Hocknell
Title
CEO
Founder Name
Alex Bartholomew
Title
Head of Design

Financials

as of June 30, 2024
 Revenue +1% YoY
$2,891,798
 Monthly Burn
$14,000
 Runway
8.6 months
Gross Margin
42%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$2,891,798

$2,869,121

COGS

$1,664,547

$1,758,646

Tax

$0

$0

 

 

Net Income

$-147,158

$-370,112

Summary Balance Sheet

FY 2023 FY 2022

Cash

$55,456

$112,746

Accounts Receivable

$186,515

$153,897

Total Assets

$1,388,518

$947,690

Short-Term Debt

$835,993

$404,373

Long-Term Debt

$755,159

$533,477

Total Liabilities

$1,591,152

$937,850

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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
04/30/2025 Wefunder $12,000,000 $527,075 Equity - Preferred Active RegCF
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Royal Albartross on Wefunder 2024
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $12,000,000
Price per Share: $10.00

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