GOT BAG

World's first travel bags & accessories made of recycled Ocean Impact Plastic™. Celebrity Backed!

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Form C
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Security Type
CAFES
Categories
Social Impact, Consumer Goods & Products, Retail, Fashion & Accessories, Sustainability
Min Investment
$100
Location
Beaverton, OR
Expected Close Date
April 30, 2025
Target Raise
$200.00K-$500.00K
No. Investors
159
Security Price
$1
Website
us.got-bag.com
Number of Employees
4
Cash
$37,485
Revenue
$1,605,600
Short Term Debt
$509,415
Cost of Goods
$695,079
Long Term Debt
$268,000
Net Income
$-253,634

Key Deal Facts

GOT BAG spans three continents, achieving over $20 million in global net revenue for 2023.
Established in North America in 2021 with a $3m revenue run rate and a +100% annual growth rate.
Over 100,000 products sold online and to elite retailers like REI, Saks, Free People and many more!
Over 250% growth in valuation, doubling our current investors' unrealized returns in just 10 months.
We created a revolutionary line of backpacks and accessories made of recycled Ocean Impact Plastic.
We've collected and recycled over 2,200,000 lbs of plastic waste at our cleanup site.
We boast an incredibly active global social media community, exceeding 400K followers on Instagram.
We have major partnerships with celebrities and organizations like Jason Momoa and Coral Gardeners.
Amount Raised : $207,618
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Business Traction
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Management Team
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Valuation

Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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