Sash Group (2023)
About this raise
Sash Group, with a valuation of $10 million, is raising funds on Wefunder. The company makes and sells patented sash bags with a unique, ergonomic, 10-pocket design. The sash handbags provide a better way for women to have all the things they need at their fingertips. Sash Group is backed by Ugg founder Brian Smith and has 70,000 fans creating a high demand for production. Nichole MacDonald founded Sash Group in 2012. The current crowdfunding campaign has a minimum target of $5,000 and a maximum target of $107,000. The campaign proceeds will be used for the production of sash bags, marketing, and payroll.
Investment Overview
Invested : $29,350
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 09/16/2022
- Close Date
- 01/17/2023
$5,000
$107,000
$100
SAFE
Growth Stage
RegCF
$10,000,000
0%
Company & Team
Company
- Year Founded
- 2012
- Industry
- Apparel & Fashion
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue -27.9% YoY
- $1,492,138
- Monthly Burn
- $50,452
-
Runway
- 0.7 months
- Gross Margin
- 19%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $590,406
- VC Backed?
- No