Vaute
About this raise
Vaute, with a valuation of $6 million, is raising funds on Wefunder. It is a growing fashion house that develops new textiles and outerwear. Vaute textiles are developed with innovative scalable textile mills around the world and are used to make outerwear and sweater styles with contracted sewing factories in America and Canada. The Vaute garments are completely vegan and made using organic and recycled fibers. Leanne Mai-ly Hilgart founded Vaute in May 2017. The current crowdfunding campaign has a minimum target of $250,000 and a maximum target of $1 million. The campaign proceeds will be used for production, marketing, branding, website redesign and launch, loan refinancing, and hiring.
Investment Overview
Invested : $341,406
Deal Terms
- Platform
- Wefunder
- Start Date
- 06/13/2017
- Close Date
- 11/02/2017
$250,000
$1,000,000
$100
Convertible Note
RegCF
$6,000,000
0%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Apparel & Fashion
- Tech Sector
- Location
- New York, New York
- Company Website
-
Visit Website
Team
Financials
-
Revenue
- $0
- Monthly Burn
- $56,396
-
Runway
- 0.1 months
- Gross Margin
- 54%
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Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/02/2017 | Wefunder | $6,000,000 | $341,406 | Convertible Note | Funded | RegCF |