Fuchsia Shoes on Wefunder

Luxury shoes empowering artisans worldwide... One step at a time

Raise to date: $45,100

Reporting Date: 03/25/2020

Key Stats

Minimum Raise

$100,000

Maximum Raise

$500,000

Likelihood of Max Unlikely
Start Date

03/02/2020

Stop Date

04/30/2020

Days Remaining

32

Security Type

SAFE

Investment Minimum

$250

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

32

% of Minimum Raised

45%

% of Maximum Raised

9%

Dollars Per Day to Reach Max

$14,216

DPD* Committed

$1,961

DPD* Category

$0

DPD* All Companies

$966

Kingscrowd Momentum

$45,100

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Fuchsia Shoes, with a valuation cap of $4 million, is raising funds on WeFunder. The company makes handcrafted ballet flats that combine luxury shoes and the empowerment of artisans worldwide. The traditional designs are modified to meet the needs of American customers by adding rubber soles and soft padding. Fuchsia Shoes was founded by Afshan Abbas and Rameez Sajwani in 2016 and has raised over $60,000 in previous rounds of financing. The current crowdfunding round has a minimum goal of $100,000 and a maximum goal of $500,000, and the funds will be used towards growth, marketing, inventory, and hiring new staff members. Fuchsia Shoes has already sold over 10,000 pairs of shoes, with a 25% repeat purchase rate within 30 days.

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