This is Ground
About this raise
This is Ground is raising funds on Wefunder. It is a leather goods company that makes beautiful carry solutions for technology. This is Ground’s products include the Cord Taco and the Cordito to organize small cords and the Mod Tablet Organizer, a customizable tablet organizer. The premium leather tech accessories of This is Ground are handmade in Los Angeles and Italy and have a loyal customer base. Mike Macadaan founded This is Ground in October 2015. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $500,000. The campaign proceeds will be used for inventory, expansion of operations, and hiring.
Investment Overview
Invested : $252,336
Deal Terms
- Platform
- Wefunder
- Start Date
- 09/19/2016
- Close Date
- 10/14/2016
$100,000
$500,000
$100
Revenue Share
RegCF
1.50X
Company & Team
Company
- Year Founded
- 2015
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Location
- Los Angeles, California
- Company Website
-
Visit Website
Team
Financials
-
Revenue
-
$0
as of FY2015
- Monthly Burn
-
$22,676
as of FY2015
-
Runway
-
5 months
as of FY2015
- Gross Margin
-
44%
as of FY2015
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/14/2016 | Wefunder | - | $252,336 | Revenue Share | Funded | RegCF |