Locl on Wefunder

World's finest surfing apparel. Pending B Corp®.

Raise to date: $22,697

Reporting Date: 01/22/2020

Key Stats

Minimum Raise

$50,000

Maximum Raise

$107,000

Likelihood of Max Unlikely
Start Date

09/10/2019

Stop Date

02/20/2020

Days Remaining

26

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

21

% of Minimum Raised

45%

% of Maximum Raised

21%

Dollars Per Day to Reach Max

$3,242

DPD* Committed

$169

DPD* Category

$0

DPD* All Companies

$1,113

Kingscrowd Momentum

$22,697

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

LOCL, with a valuation cap of $2.5 million, is raising crowdfunding on WeFunder. The company manufactures world-class apparel for surfers, especially in the age group between 25 to 54 years. LOCL caters specifically to educated, mature, and affluent male and female surfers. LOCL was founded by Jonathan Rath in 2019 and has raised $15,000 since its inception. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $107,000, and the funds will be used for product and brand development and business operations. LOCL already has partnerships with top-class designers and creatives and is growing its reach and brand visibility exponentially.

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