MTailor

MTailor

A master tailor in your phone

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Amount Raised: $0
Security Type
Crowd SAFE
Categories
Technology, Software, Mobile, Fashion
Location
San Francisco, CA
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$1.24M
Security Price
$1
Website
mtailor.com
Number of Employees
8
Cash
$565,782
Revenue
$5,108,248
Short Term Debt
$534,588
Cost of Goods
$2,276,418
Long Term Debt
$299,900
Net Income
$51,784

Company Description

Over $60,000 a month in revenue. Custom shirts starting at $69. 20% more accurate than an actual tailor Free shipping. Entire process takes less than five minutes.

Management Team / Advisory Board Bios

Rafi Witten CTOPreviously a software engineer at Google, Rafi did mathematics and computer science research as an undergrad at Stanford University., Miles Penn CEOA former analyst at Goldman Sachs, Miles has a B.S in Mathematics from Stanford University and is Y Combinator alum.

Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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