Urban Modesty on SeedInvest

Modest fashion designer and retailer

Raise to date: $42,060

Reporting Date: 03/25/2020

Key Stats

Minimum Raise

$25,000

Maximum Raise

$300,000

Likelihood of Max Unlikely
Start Date

03/12/2020

Stop Date

04/29/2020

Days Remaining

31

Security Type

Preferred Stock

Investment Minimum

$1,000

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

Not Known

% of Minimum Raised

168%

% of Maximum Raised

14%

Dollars Per Day to Reach Max

$8,321

DPD* Committed

$3,235

DPD* Category

$0

DPD* All Companies

$966

Kingscrowd Momentum

$42,060

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Urban Modesty, with a pre-money valuation of $1.5 million, is raising funds on SeedInvest. The company is a modest fashion designer and retailer that manufactures and sells modest, yet fashionable clothes. It is an online brand that caters to fashion-forward women who want to be trendy without compromising their values. Urban Modesty was founded by Sherihan Moustafa in 2014. The current round of crowdfunding of the company has a round size of $300,000, and the funds will be used towards marketing, salaries, operations, rent, and inventory. Urban Modesty already sells in over 20 countries, with more than 30,000 designs sold to over 9,800 customers. The company has generated over $1.2 million in lifetime sales.

INVEST NOW