MIGHTLY INC

MIGHTLY INC

Authentically sustainable, affordable, and accessible children’s wear brand

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Categories
Fashion & Accessories, Financial Services, Retail, Community & Lifestyle, Consumer Goods & Products
Min Investment
$200
Location
Oakland, CA
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$600.00K
No. Investors
62
Security Price
$0.74
Valuation
$6,000,000
Website
mightly.com
Number of Employees
3
Cash
$491,949
Revenue
$787,851
Short Term Debt
$157,131
Cost of Goods
$521,640
Long Term Debt
$1,005,674
Net Income
$-237,166

Key Deal Facts

💸 GENERATING REVENUE - over $1.5M to date, 260% year over year growth.
📦 OMNI CHANNEL DISTRIBUTION - mightly.com, Amazon, Target+
📊 The global children’s wear market is worth $250 billion/$70 billion for U.S. children’s wear.
👧 FOUNDED BY APPAREL INDUSTRY EXPERTS: A combined 50+ years of apparel industry and sustainable supply chain expertise.
👨‍💼 BACKED BY TOP PEOPLE: Lead Investor is Anna Binder, Head of People at Asana
🗣️ EXPERIENCED ADVISORY COUNCIL: Executives from The RealReal, Oracle, Nike, The North Face, GAP
💁 LOYAL CUSTOMER BASE - 35,000 happy customers, average review of 4.7 stars

Management Team / Advisory Board Bios

Tierra Forte CO-FOUNDER AND CEO● 20 years of apparel industry experience
with a focus on sustainable supply chains.
● Previously VP of Product at PACT Apparel.
● Part of the team that developed and launched
the Fair Trade Certified Factory Program., Anya Emerson CO-FOUNDER AND COO● Involved in retail consumer and
ecommerce businesses for over twenty
years as an investor and advisor, including
in both children’s apparel and
venture-backed start-ups.
● Stanford, Columbia, and Oxford-educated
attorney., Barrie Brouse CO-FOUNDER AND CHIEF CREATIVE OFFICER●20 years of children’s wear design,
development and global production
experience.
● Has won multiple awards for her designs
(including the National Parenting Products
Award for Mightly’s No Nasties PJ).
Amount Raised : $354,350
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