About this raise
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.
Investment Overview
Invested : $293,841
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 04/05/2022
- Close Date
- 09/06/2022
$50,000
$300,000
$100
SAFE
Early Stage
RegCF
$3,500,000
5%
Company & Team
Company
- Year Founded
- 2022
- Industry
- Apparel & Fashion
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
