Wearwell

Regulation Crowdfunding offering on Republic (OpenDeal Portal)

$107,059

of $1.07M goal

10.0% funded

About the offering

Problem - Conscious consumers need an efficient way to shop sustainably. 90% of millennials report they will spend more for socially responsible products, but it's too hard to find ethically sourced products you can trust. The conscious consumer needs a simple solution to find sustainably sourced clothing in an era where personalization is the norm. 34 million women in the US identify as conscious consumers; they want to know that the garment workers who made the clothing they buy were paid fairly and sustainable materials were used. Without Wearwell, they must spend hours researching options, decoding the many and often conflicting certifications, and combing through hundreds of brands to learn which can be trusted. Solution - Wearwell: Personal style meets powerful impact. Wearwell makes it easy to find clothing that fits your personal style and the difference you want to make in the world. Wearwell does this with a unique subscription service where shoppers can easily discover and purchase ethically and sustainably made clothing. We deliver a monthly selection of products digitally to our customers' inbox and make it seamless for them to buy the products they like directly through our platform. This makes it easy for shoppers to buy ethical and sustainable clothing that fits their personal style. Product - Shop ethically and sustainably made clothing, curated just for you. Wearwell makes it easy to buy clothing that creates a positive impact. When subscribing to our service, users create a profile with their personal style preferences. Our expert stylists then use that information to curate a selection of clothing and accessories which is delivered digitally to the customer's inbox. The user purchases products they like directly through our website, provides feedback, and continues working with their designated stylist to tailor future selections to their personal preferences.

FAQ

How much has Wearwell raised?

Wearwell has raised $107,059 of a $1.07M goal.

Where is Wearwell's campaign listed?

The offering is listed on Republic (OpenDeal Portal), an SEC-registered Reg CF intermediary.

What are the terms of Wearwell's raise?

SAFE, $8M cap, 10% discount.

When does Wearwell's offering close?

The stated close date is Sep 30, 2020.