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Olly Awake

By Wefunder

Deal Details
  • Olly Awake

We are a community of open-minded, empowered people who believe that clothing can open a pathway of self-actualization.

Our mission, to create Gender Equal Apparel, unites our ‘Olly fam’ under the tenets of mutual respect and empowerment.

Our sizes run in shapes rather than numbers, and our high-quality pieces are made with eco fabrics and are produced in the USA.

In 5 years, we hope to grow into a company that leads the way and the market in gender-inclusive apparel, charting a path through new waters to create a robust concept that addresses all the needs of our customers and achieves continuous growth. We hope to have international placement and recognition, spreading both our mission and our high quality sustainable products throughout the apparel market. Thes... [Read More]

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Min Investment

$250

Amount Raised

$16,050

Goal

$50K-$250K

Days Left

70

Columbus, OH

CrowdLustro Research Report

Olly Awake

Industry:
Fashion

Security Type:
Convertible Note
A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

Debt and Equity Opportunity

Date Filed:
November 06, 2020

Date Expires:
April 04, 2021

Open to Investors

Valuation Cap:
$1.5M

Platform:
Wefunder


Use of Proceeds

$50,000

  • 32% cost of goods
  • 30% marketing
  • 14% admin
  • 10% event expenses
  • 7.5% WeFunder fee
  • 6.5% sampling (R&D)

$250,000 

  • 32% cost of goods
  • 30% marketing
  • 10.5% sampling
  • 10% admin
  • 10% event expenses, (R&D)
  • 7.5% WeFunder fee

Management

Kevin Terry Smith
President & Founder
Kevin has 6 years of marketing, communications and branding experience.

Celeste Malvar-Stewart
VP Design
Celeste is a world-renowned eco-couture designer with decades of experience in the fashion industry.

Deal Structure

Interest: 5%

Discount: 20%

Additional Reports

There are no additional research reports currently.

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Key Deal Facts

  • Challenge yourself and join us in re-inventing apparel designed to break barriers.
  • We have built a following of thousands of loyal and excited cheerleaders online and in person.
  • We have been featured in local & national media - including Vogue Business alongside Megan Rapinoe.
  • We are part of a new exploding market - The time is never better to be a part of changing the game.
  • Only 44 percent of Generation Z said they always bought clothes designed for their own gender.
  • Our team is best positioned to deliver this concept to market through expertise and singular vision.
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