RedThread

Custom-fit clothing, made to your measurements in one week, from just 2 photos

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Security Type
Crowd SAFE
Min Investment
$150
Location
RENO, NV
Offering Date
June 03, 2022
Expected Close Date
April 23, 2023
Target Raise
$25.00K-$1.07M
No. Investors
58
Security Price
$1
Number of Employees
4
Cash
$18,489
Revenue
$246,202
Short Term Debt
$264,260
Cost of Goods
$125,106
Long Term Debt
$1,285,137
Net Income
$-376,391

Company Description

We make high quality, custom-fit wardrobe essentials to your exact measurements, from just two photos, and ship them to your door in one week.

Perks

Reserve
$1,000
Receive
15% Lifetime RedThread Discount

Reserve
$5,000
Receive
15% Lifetime RedThread Discount
Annual RedThread gift

Reserve
$10,000
Receive
20% Lifetime RedThread Discount
Annual RedThread gift
Invitation to the Founder's Forum to preview new designs

Reserve
$25,000
Receive
20% Lifetime RedThread Discount
Annual RedThread gift
Invitation to the Founder's Forum to preview new designs
Early access to try new pieces pre-launch

Reserve
$50,000
Receive
20% Lifetime RedThread Discount
Annual RedThread gift
Invitation to the Founder's Forum to preview new designs
Early access to try new pieces pre-launch
Exclusive invitation to our annual Fearles Females Forum in beautiful Lake Tahoe

Reserve
$100,000
Receive
20% Lifetime RedThread Discount
Annual RedThread gift
Invitation to the Founder's Forum to preview new designs
Early access to try new pieces pre-launch
Exclusive invitation to our annual Fearless Females Forum in beautiful Lake Tahoe
Create your own one-of-a-kind custom design to considered as part of our line

Key Deal Facts

Patent-pending technology to make custom-fit clothes from 2 photos
40% sales growth CAGR year-to-date with 2x return on marketing spend
Clear path to profitability in 2023 & $100M in revenue by 2030
Powerful "Size Me" body positive brand to celebrate individuality
Loyal fans with 50% repeat purchases and low 8% return rate
Experienced team with proven track record in growing disruptive brands
Vision to become the most sustainable apparel brand for every body

Management Team / Advisory Board Bios

Meghan Litchfield
Founder

Sonia Martin
Designer and Creative Consultant

Robyn LeMessurier
Fit Analyst

Kerrie Hogueison
Client Services and Operations

Evan Peterson
Digital Marketing and CRM

Matt Chappell
Web Design and Branding

Robert Frank
Advisor, Former EVP at Gap Inc.
Amount Raised : $58,452
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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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