SLO (2022)

SLO (2022)

Closed: Sep. 2022

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.

Expand

Investment Overview

Invested this round: $293,841

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
04/05/2022
Close Date
09/06/2022
Min. Goal
$50,000
Max Goal
$300,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$3,500,000

Discount

5%

Company & Team

Company

Year Founded
2022
Industry
Apparel & Fashion
Tech Sector
FashionTech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
Dover, Delaware
Business Type
Growth
Company Website
Visit Website

Team

Employees
13
Prior Founder Exits?
Yes
Founder Name
Marshall Conley
Title
CMO
Founder Name
Kristian Hansen
Title
CEO

Financials

 Revenue
$0
 Monthly Burn
$49
 Runway
0 months

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

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/31/2024 Wefunder $10,000,000 $119,247 SAFE Funded RegCF
09/06/2022 Wefunder $3,500,000 $293,841 SAFE Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.

Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Employee History

Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
SLO on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $3,500,000

Follow company

Follow SLO on Wefunder 2022

Buy SLO's Deal Report

Warning: according to the close date for this deal, SLO may no longer be accepting investments.

SLO Deal Report

Get Kingscrowd's comprehensive report on SLO including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether SLO is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the SLO deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge