Locl on Wefunder

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

Raise to date: $22,910

Reporting Date: 11/13/2019

Key Stats

Minimum Raise

$50,000

Maximum Raise

$107,000

Likelihood of Max Unlikely
Start Date

09/10/2019

Stop Date

11/28/2019

Days Remaining

14

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

21

% of Minimum Raised

46%

% of Maximum Raised

21%

Dollars Per Day to Reach Max

$6,006

DPD* Committed

$358

DPD* Category

$0

DPD* All Companies

$1,340

Kingscrowd Momentum

$22,910

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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