Glyph

Neutral
BETA

Highly versatile shoes developed with digital knitting technology

Analytics

Raised to Date: $118,225

Aggregate Commitments $
Platform

Republic

Start Date

04/30/2020

Close Date

12/11/2020

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$9,000,000

Discount Rate

10%

Weekly Commitments $
Status

Active

Reporting Date

12/02/2020

Days Remaining

8

% of Min. Goal

473%

% of Max. Goal

11%

Likelihood of Max
Avg. Daily Raise

$547

# of Investors

308

Momentum
Location

New York, NY

Industry

Apparel & Fashion

Tech Sector

FashionTech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Business Type

High Growth

Glyph, with a $9 million valuation cap, is raising funds on Republic. The company designs and sells digitally-knit loafers that fit perfectly into days and nights. Glyphs are the only pair of shoes anyone needs for everyday use as they go with absolutely anything, including pants, shorts, suits, and dresses. The shoes are machine washable, rain resistant, and highly versatile. Glyph was founded by Pranav Sachdev and Alan Lau in 2017 and has raised more than $400,000 since its inception. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000, and the funds will be used to reach a broader audience, expand into new markets, and develop more versatile products. Glyph has over 2,000 customers, with a Net Promoter Score of 62. The company generated $250,000 in revenue from October 2019 to February 2020, with 60% month-over-month growth.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$117,833

$29,579

COGS

$19,133

$301

Tax

$450

$4,714

 

 

Net Income

$-190,544

$-29,430

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$45,991

$30,916

Accounts Receivable

$0

$0

Total Assets

$140,954

$56,679

Short-Term Debt

$97,053

$60,234

Long-Term Debt

$12,000

$0

Total Liabilities

$109,053

$60,234

Ratings

last updated 12/03/2020

Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
Other Deals

Kiwibot on Wefunder

Kiwibot has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for deals selected into…

Crowd
Neighborhood Sun on Wefunder

The Neighborhood Sun team has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for…

Crowd
goDeskless on MicroVentures

The goDeskless team has been selected as a “Top Deal” by KingsCrowd. This distinction is reserved for deals…

Crowd
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS PORTFOLIO ON KINGSCROWD.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Add Glyph on Republic
Follow company
Follow Glyph on Republic