Thalia Brands
About this raise
Thalia Brands, a premium brand for guitar accessories and lifestyle, is raising funds on StartEngine. The company manufactures and sells innovative and unique guitar accessories, including capos and picks. Thalia Brands is soon planning to expand into straps, strap locks, and wall hangers for guitars. Thalia Brands was founded by Chris Bradley and Thalia Bradley and has a loyal customer base. The current round of crowdfunding has a minimum goal of $10,000 and a maximum goal of $1,070,000, and the proceeds will be used for further research & development and the launch of new products. Thalia Brands has already reported $7.8 million in sales since its inception and has more than 100,000 customers.
Investment Overview
Invested : $607,812
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 07/18/2019
- Close Date
- 01/21/2021
$9,999
$1,069,998
$150
Equity - Common
Growth Stage
RegCF
$3.00
$8,000,000
Company & Team
Company
- Year Founded
- 2019
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- High
Financials
-
Revenue
- $2,183,575
- Monthly Burn
- Profitable
-
Cash on Hand
- $162,803
- Gross Margin
- 80%
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/21/2021 | StartEngine | $8,000,000 | $607,812 | Equity - Common | Funded | RegCF |