URB Bridal
Wedding gown boutique
Overview
Raised: $2,300
Total Commitments ($USD)
Platform
Honeycomb
Start Date
09/25/2023
Close Date
11/06/2023
Min. Goal
$35,000
Max. Goal
$70,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
11.50%
Term Length
3.0 years
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
11/07/2023
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$55
# of Investors
5
Momentum
Not Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2019
Industry
Apparel & Fashion
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
URB Bridal is raising funds on Honeycomb. It is a wedding gown boutique based in Pittsburgh, Pennsylvania that specializes in wedding gowns in a wide range of sizes and styles. URB Bridal caters to brides of all body types and has a variety of designs for brides looking for sexy, classic, vintage, boho, or modern gowns. The business has a loyal customer base and has been featured on leading bridal review websites like Wedding Wire and The Knot. Rebekah Gonzales founded URB Bridal in March 2019. The current crowdfunding campaign has a minimum target of $35,000 and a maximum target of $70,000. The campaign proceeds will be used for refinancing debt, online inventory, online accessories, and advertising.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$151,050 |
$174,545 |
|
COGS |
$32,824 |
$35,718 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-18,056 |
$-65,075 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$4,993 |
$4,993 |
|
Accounts Receivable |
$-31,220 |
$0 |
|
Total Assets |
$11,025 |
$-20,195 |
|
Short-Term Debt |
$66,938 |
$12,186 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$66,938 |
$12,186 |
Financials as of: 09/25/2023
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /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
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.