SLO

Early Stage

The slow fashion revolution giving function, fit, and quality back to the masses

Analytics

Raised to Date: Raised: $365,812

Aggregate Commitments $

Platform

Wefunder

Start Date

04/05/2022

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$300,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$3,500,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

309

% of Min. Goal

732%

% of Max. Goal

122%

Likelihood of Max
exceeded
Avg. Daily Raise

$4,516

Momentum
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Location

Dover, Delaware

Industry

Apparel & Fashion

Tech Sector

FashionTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

SLO, with a valuation of $3.5 million, is raising funds on Wefunder. The company is leading the slow fashion revolution with its functional clothes that last. The business makes and sells functional, high-quality, sustainable, and long-lasting jeans that are made to fit all bodies irrespective of age, size, gender, or background. SLO has over 10,000 million views on Tik-Tok and has 45,000 people on its waitlist. Kristian Hansen and Elise Namnoum founded SLO in January 2022. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $300,000. The campaign proceeds will be used for research and development, sourcing and manufacturing, marketing, talent acquisition and retention, and legal expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-588

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$588

$0

Long-Term Debt

$0

$0

Total Liabilities

$588

$0

Financials as of: 04/05/2022
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SLO on Wefunder 2022
$
Platform: Wefunder
Security Type: SAFE
Valuation: $3,500,000

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