Torii Labs
About this raise
Torii Labs, a plant medicine company with a valuation cap of $2.5 million, is raising on WeFunder. The company creates herbal tonics to balance and build bodies and minds. Torii Labs combines Chinese, Ayurvedic, and Western herbs with organic juices to form the tonics. It is currently selling four tonics under the names Awake, Unwind, Restore, and Re-Leaf, and is ready to launch two more. Torii Labs was founded by Giles Hayward and Lulu Luchaire. The current crowdfunding round of Torii Labs has a minimum target of $125,000. The products of Torii Labs are currently being sold in more than 90 stores with a gross profit margin of 70%.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 02/13/2019
- Close Date
- 03/27/2019
$125,000
$250,000
$100
Convertible Note
RegCF
$2,250,000
0%
Company & Team
Company
- Year Founded
- 2013
- Industry
- Fitness & Wellness
- Tech Sector
- Location
- Calabassas, California
- Company Website
-
Visit Website
Team
- Employees
- 1
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/27/2019 | Wefunder | $2,250,000 | $0 | Convertible Note | Not Funded | RegCF |