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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 · Preferred Stock · Mar 2020

ClosedReached targetReg CFPreferred Equity
via WeFunder · last checked Sep 25, 2026
Raised
$311.9K / $1.1M max
29% of ceiling · target hit day 9
Investors
465
$670.8 avg
Estimated pre-money
$6.2M
—

Raised over time

Cumulative raisedInvestors
$282K$141K$0
4162080
Mar 23, 2020 · openedApr 29, 2020 · last reading
Target ($100K) hit — Apr 1, 2020, day 9Deadline Apr 29, 2020 — 0 days out

Left axis: cumulative dollars raised. Right axis: cumulative investors. Live figures via WeFunder, last checked Sep 25, 2026; investor counts may lag the platform by up to a day.

Financials disclosed in this offering

FY2017–FY2018 · hover for source
$3.8M
−$3.3M
FY2017
$3.8M
−$4.7M
FY2018
RevenueNet income
Metric
FY2017 audited
FY2018 audited
Income statement
Revenue
$3,849,646
$3,777,493
Cost of goods sold
$1,584,333
$1,656,332
Gross margin
59%
56%
Net income
-$3,287,809
-$4,725,533
Taxes paid
$800
$800
Balance sheet
Cash
$346,900
$584,481
Accounts receivable
$0
$0
Total assets
$1,506,061
$2,244,929
Short-term debt
$1,387,086
$5,971,106
Long-term debt
$2,658,529
$0
Total liabilities
$4,045,615
$5,971,106
Other
Headcount
13
16

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

Deal terms

Est. pre-money$6.2M
Price / share$0.59
Price / share today$2,950,000.00
Shares offered243,903

Estimated, not stated: $0.59 × 10,504,256 securities outstanding as of Dec 31, 2019 (Form 1-K filed Dec 14, 2020, p. 1).

$0.59 as sold; $2,950,000.00 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).

Perks

First $250K investors will invest at $0.41 per share and a $36.7M pre-money valuationfirst $250K

Offering details

Target$100,000
Max$1,069,999
Min investment—
OpenedMar 23, 2020
DeadlineApr 29, 2020
ClosedApr 29, 2020
Days active37

Links & provenance

SEC filing
Source: SEC EDGAR
0001670254-20-000200
Last synced Sep 25, 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.