This company is no longer in business. Investors can get details about any potential exits or failures here.

Ghost Flower

Ghost Flower

Early Stage

World's only activewear with the body's energy network woven in.

World's only activewear with the body's energy network woven in.

Overview

Raised to Date: Raised: $275,006

Total Commitments ($USD)

Platform

Wefunder

Start Date

06/29/2020

Close Date

10/09/2020

Min. Goal
$50,000
Max. Goal
$400,000
Min. Investment

$100

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.70

Pre-Money Valuation

$1,500,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/31/2020

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

$2,723

# of Investors

295

Momentum
Funded
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Year Founded

2016

Industry

Apparel & Fashion

Tech Sector

FashionTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Houston, Texas

Business Type

Life Style

Ghost Flower, with a pre-money valuation of $1.5 million, is raising funds on Wefunder. It is an activewear company that combines fashion with science by integrating the body’s energy network into the designs. The styles suit all body shapes and help to unblock pain and reenergize the body. Ghost Flower was founded by Susan Peebler and has raised over $900,000 since its founding. The current crowdfunding campaign of the company has a minimum target of $50,001 and a maximum target of $400,000. The funds will be used for digital marketing, contract fitting and production management, and designing the fall/winter collection. Ghost Flower has high customer satisfaction and reported year-over-year growth of 170% in 2020, even during the pandemic.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$70,314

$122,901

COGS

$108,667

$139,216

Tax

$800

$800

 

 

Net Income

$-382,106

$-1,067,899

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$49,253

$11,003

Accounts Receivable

$0

$0

Total Assets

$353,172

$392,086

Short-Term Debt

$43,768

$39,697

Long-Term Debt

$0

$319,000

Total Liabilities

$43,768

$358,697

Financials as of: 06/29/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Ghost Flower 08/05/2021 Wefunder $2,996,270 $0 Equity - Preferred Not Funded RegCF
Ghost Flower 10/08/2020 Wefunder $1,500,000 $275,006 Equity - Preferred Funded RegCF
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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

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Ghost Flower on Wefunder
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $1,500,000
Price per Share: $0.70

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