Thalia Brands

Thalia Brands

Closed: Jan. 2021

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.

Expand

Investment Overview

Invested this round: $607,812

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
07/18/2019
Close Date
01/21/2021
Min. Goal
$9,999
Max Goal
$1,069,998
Min. Investment

$150

Security Type

Equity - Common

Company Stage

Growth Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$3.00

Pre-Money Valuation

$8,000,000

Company & Team

Company

Year Founded
2019
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Location
Pleasant Hill, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
10
Founder Name
Thalia Bradley
Title
Co-Founder
Founder Name
Christopher Bradley
Title
Chairman

Financials

 Revenue
$2,183,575
 Monthly Burn
Profitable
 Cash on Hand
$162,803
 Gross Margin
80%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,827,426

$2,183,575

COGS

$369,150

$518,293

Tax

$0

$0

 

 

Net Income

$42,485

$-254,439

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$162,803

$50,627

Accounts Receivable

$4,272

$0

Total Assets

$933,959

$637,679

Short-Term Debt

$630,724

$501,490

Long-Term Debt

$610,661

$562,389

Total Liabilities

$1,241,385

$1,063,879

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

Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/21/2021 StartEngine $8,000,000 $607,812 Equity - Common Funded RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Thalia Brands on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $8,000,000
Price per Share: $3.00

Follow company

Follow Thalia Brands on StartEngine

Buy Thalia Brands's Deal Report

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

Thalia Brands Deal Report

Get Kingscrowd's comprehensive report on Thalia Brands including:

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

Buy the Thalia Brands deal report for only $10!

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