Layali on Republic

Flavors of the Middle East, delivered to your door

Raise to date: $39,917

Reporting Date: 11/10/2019

Key Stats

Minimum Raise

$25,000

Maximum Raise

$107,000

Likelihood of Max Likely
Start Date

09/30/2019

Stop Date

01/10/2020

Days Remaining

59

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

151

% of Minimum Raised

160%

% of Maximum Raised

37%

Dollars Per Day to Reach Max

$1,137

DPD* Committed

$974

DPD* Category

$0

DPD* All Companies

$1,351

Kingscrowd Momentum

$39,917

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Layali, with a valuation cap of $2.5 million, is raising crowdfunding on Republic. The company delivers Middle Eastern products to the consumers’ doorsteps. The Arabic products include food and non-food items, including clothing, Arabic sweets, coffee spices, and home art and decor items. Layali was founded by Sumaya Lakis in December 2018 and has generated more than $180,000 in revenues since its launch. The proceeds of the current round of crowdfunding, with a minimum goal of $25,000 and a maximum goal of $107,000, will be used by Layali to build its own fulfillment facility and to get its first sea shipment of products from the Middle East. Layali already has over 1,000 customers, with a repeat purchase rate of 24%. The company keeps its costs low due to strong and direct connections with manufacturers in Turkey, Syria, and other countries.

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