Crowdonomics
This isn’t Digital Brands Group’s most recent raise. Reg CF · Convertible Note · Nov 2020 (Closed) is more current.View latest round
Digital Brands Group

Reg CF · Series CF Preferred Stock · Jun 2018

ClosedReached targetReg CFPreferred Equity
via StartEngine · last checked Oct 4, 2026View campaign
Raised
$64.6K / $1M max
6% of ceiling
Investors
88
$719.6 avg
Post-money valuation
$34.4M
pre-money + amount raised

Financials disclosed in this offering

FY2016–FY2017 · hover for source
$2.5M
−$2.3M
FY2016
$3.8M
−$3.3M
FY2017
RevenueNet income
Metric
FY2016 reviewed*
FY2017 audited
Income statement
Revenue
$2,500,306
$3,849,646
Cost of goods sold
$1,541,664
$1,584,333
Gross margin
38%
59%
Net income
-$2,260,910
-$3,287,809
Taxes paid
$0
$800
Balance sheet
Cash
$179,012
$346,900
Accounts receivable
$12,275
$0
Total assets
$1,140,409
$1,506,061
Short-term debt
$455,152
$1,387,086
Long-term debt
$0
$2,658,529
Total liabilities
$2,876,659
$4,045,615
Other
Headcount
13
13

The fiscal years the issuer disclosed in this offering’s filing, as filed. Full history on the company page.

Amendments to this offering

1 amendment
  1. Jun 25, 2018
    Terms not yet extracted from this filing
    Form C/A on EDGAR ↗

Each line compares the amendment with the previous filing of this offering. The quoted reason is the issuer’s own statement from the Form C/A.

Deal terms

Pre-money$34.3M
Post-money$34.4M
Price / share$0.52
Price / share today$2,600,000.00
Shares offered19,230

$0.52 as sold; $2,600,000.00 after the Nov 2022 split (1:100) and the Aug 2023 split (1:25) and the Dec 2024 split (1:50) and the Jul 2026 split (1:40) (Form 10-K, p. 1).

Offering details

Target$10,000
Max$1,000,000
Min investment—
OpenedJun 15, 2018
DeadlineAug 14, 2018
ClosedAug 9, 2018
Days active55

Links & provenance

Source: SEC EDGAR
0001665160-18-000575
Last synced Sep 6, 2026

About this data. Raised amounts and investor counts come from the platform listing and may lag or be restated; SEC-reported totals can differ until the next Form 1-Z/C-U. Post-money valuation is computed as pre-money plus amount raised and is shown once the round closes — it is not a traded price. Financial statements are as reported by the issuer. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.