Locl on Wefunder

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

Raise to date: $35,600

Reporting Date: 03/31/2020

Key Stats

Minimum Raise

$50,000

Maximum Raise

$107,000

Likelihood of Max Unlikely
Start Date

09/10/2019

Stop Date

04/17/2020

Days Remaining

13

Security Type

SAFE

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

24

% of Minimum Raised

71%

% of Maximum Raised

33%

Dollars Per Day to Reach Max

$5,492

DPD* Committed

$175

DPD* Category

$0

DPD* All Companies

$894

Kingscrowd Momentum

$35,600

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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