Slabmags
About this raise
Slabmags, with a valuation of $5 million, is raising funds on Wefunder. The company makes and sells premium and versatile slab protective solutions for graded cards. Slabmags provide comprehensive protection to customers’ favorite sports and non-sports trading cards and include an aluminum alloy frame, crack-resistant tempered glass, full UV protection, and a built-in safety lock. Albert Young founded Slabmags in October 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for marketing, advertising, sales, operational overheads, business development, licensing, research and development, and inventory.
Investment Overview
Invested $250,000 :
Deal Terms
Company & Team
Company
- Year Founded
- 2021
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $245,574
- Monthly Burn
- Profitable
- Cash on Hand
- $124,595
- Gross Margin
- 26%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
02/29/2024 | Wefunder | $5,000,000 | $250,000 | SAFE | Funded | RegCF |