Summersalt

Summersalt Overview

Founded 2017
Founded
Status Private
Employees 40
Employees
Latest Deal Type Series B
Latest Deal Amount $17.3M
Latest Deal Amount
Investors 17

Summersalt General Information

Description

Provider of eco-friendly swimwear intended to offer an alternative to costly designer swimsuits. The company's swimwear range includes cover-ups, swim legging and bikinis which are made using recycled materials and features higher compression than an average suit, and offers UPF protection as well as sand, sweat and chlorine resistance, enabling women to buy swimwear that fits and is comfortable at lower a price.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Clothing
Other Industries
Specialty Retail
Primary Office
  • 911 Washington Avenue
  • Suite 215
  • Saint Louis, MO 63101
  • United States
+1 (314) 000-0000

Summersalt Timeline

201820192020
Date FoundedFinancing RoundCaptured Employee CountEstimated Employee Growth
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Summersalt Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Early Stage VC (Series B) 20-Dec-2019 $17.3M 000.00 000.00 Completed Generating Revenue
2. Early Stage VC (Series A) 17-Oct-2018 00.00 00.00 000.00 Completed Generating Revenue
1. Seed Round 15-Mar-2018 $2M $2M 000 Completed Generating Revenue

Summersalt Cap Table

To view Summersalt‘s complete cap table, request access »
Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series B-1 00,000 00.000000 00.00 000.00 000.00 00 000.00 0.000
Series A 1,303,457 $0.001000 $4.72 $4.72 1x $4.72 18.71%
Seed 1,166,949 $0.001000 $1.75 $1.75 1x $1.75 16.89%

Summersalt Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing
Amount
Ruby Ribbon Venture Capital-Backed Burlingame, CA 000.00 000000 0 000.00
00000 Venture Capital-Backed New York, NY 00 0000 00000000000 0000

Summersalt Executive Team (2)

Name Title Board Seat Contact Info
Lori Coulter Co-Founder, Board Member, President & Chief Executive Officer
Reshma Chattaram Chamberlin Co-Founder, Chief Brand and Digital Officer & Board Member

Summersalt Board Members (2)

Name Representing Role Since
Mark Hasebroock Dundee Venture Capital Board Member 000 0000
Reshma Chattaram Chamberlin Summersalt Co-Founder, Chief Brand and Digital Officer & Board Member 000 0000

Summersalt Investors (17)

To view Summersalt‘s full investor history, request access »
Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Lewis and Clark Capital PE/Buyout Minority 000 0000 000000 0
Mercato Partners Venture Capital Minority 000 0000 000000 0
Plus Capital Venture Capital Minority 000 0000 000000 0
Amplifyher Ventures Venture Capital Minority 000 0000 000000 0
Bill Rancic Angel (individual) Minority 000 0000 000000 0

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