Digital Brands Group

Digital Brands Group

Early Stage

Premium Denim + Luxury Closet Essentials

Overview

Raised to Date: Raised: $5,128,496

Total Commitments ($USD)

Platform

StartEngine

Start Date

07/16/2018

Close Date

11/30/2019

Min. Goal
$1,000
Max. Goal
$10,000,000
Min. Investment

$500

Security Type

Equity - Preferred

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$0.53

Pre-Money Valuation

$35,000,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

11/29/2019

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$10,237

# of Investors

3,220

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2013

Industry

Apparel & Fashion

Tech Sector

Non-Tech

Location

Los Angeles, California

Digital Brands Group, with a valuation of $35 million, is raising funds on StartEngine through Reg A+ crowdfunding. The company holds a portfolio of high growth digital-first apparel brands. It currently holds two brands and plans to make another acquisition in 2019. Mark Lynn and Hil Davis founded Digital Brands Group in 2013 and have raised over $12 million since the inception. The current round of crowdfunding has a minimum raise of $399,999 and a maximum raise of $10,000,000, and the funds will be used for marketing, personnel, and product buys. Digital Brands Group already has more than 86,000 customers and has generated lifetime revenues of $19.25 million.
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Digital Brands Group 12/20/2020 Wefunder $52,841,157 $741,974 Convertible Note Funded RegCF
Digital Brands Group 04/28/2020 Wefunder $52,800,000 $303,708 Equity - Preferred Funded RegCF
Digital Brands Group 11/29/2019 StartEngine $35,000,000 $5,128,496 Equity - Preferred Funded RegA+
Digital Brands Group 08/09/2018 StartEngine $34,339,074 $64,586 Equity - Preferred Funded RegCF
Digital Brands Group 06/29/2018 SeedInvest $30,000,000 $3,160,526 Equity - Preferred Funded RegA+
Digital Brands Group 10/17/2017 SeedInvest $22,000,000 - Equity - Preferred Funded RegA+
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Analyst Report Analyst Report Methodology Article

Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Digital Brands Group on StartEngine
Platform: StartEngine
Security Type: Equity - Preferred
Valuation: $35,000,000
Price per Share: $0.53

Follow company

Follow Digital Brands Group on StartEngine

Buy Digital Brands Group's Deal Report

Warning: according to the close date for this deal, Digital Brands Group may no longer be accepting investments.

Digital Brands Group Deal Report

Get KingsCrowd’s comprehensive report on Digital Brands Group including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Digital Brands Group is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Digital Brands Group deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge