Wooter
About this raise
Wooter, a new way to experience sports, is raising funds on SeedInvest. The company has a valuation cap of $17.5 million and is into professional-quality jerseys and custom apparel. Additionally, Wooter has an all-in-one customizable app that allows teams, coaches, and leagues to create their own app and customized designs for their team uniforms and apparel. Wooter was founded by Alex Aleksandrovski, David Kleyman, Alex Kagan, and Carlos Morales in June 2014. The proceeds of the current crowdfunding round, with a round size of $1 million, will be used for marketing and sales, operations, technology and software, and general expenses. Wooter reported $3.5 million in net sales in 2018, up 67% from 2017, and already offers more than 250 products to customers from 30 countries.
Investment Overview
Not Funded: $0
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Apparel & Fashion
- Tech Sector
- Location
- Staten Island, New York
- Company Website
-
Visit Website
Team
- Employees
- 21
Financials
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/26/2019 | SeedInvest | $175,000,000 | $0 | Convertible Note | Not Funded | RegCF / RegD 506(c) |