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Status: Funded

Mar 9th 2020 - May 11th 2020

3RD ROCK is a sustainable Activewear sports brand founded for people who have a passion for nature. Created by a team of passionate climbers, 3RD ROCK creates extremely comfortable, Made-To-Move garments. It is a wholesale e-commerce business that has sold more than 55,000 units in 20+ countries. Catering to climbers and yoga enthusiasts, it has received more than 1000 5-star reviews out of which 96% are positive ones. Being environmentally conscious, 3RD ROCK has utilised 12,000 bottles in its manufacturing process with over 1 tonne of sea waste being used in the production of leggings and bra-tops. With the proceeds, the brand will kick-start the next stage of growth by with range expansion & innovation, retaining and developing key wholesale accounts, making strategic hires and penetrating new markets.

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3RD ROCK Rating Review

Rated on 16/03/2020

Pitch Rated

66%

overall

Management

82%

Product

68%

Investment

47%

Pitch rating powered by CROWDRATING

What the ratings mean

  • 49% and under
    We suggest potential investors carry out further study of their own
    50-64%
    Room for improvement
    65-79%
    Worth considering
    80%+
    Gold rating, our highest rating
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Management 82%

Skills 64%
The founder has a track record in creating designs and making her visions on paper into a reality. Using technical and innovative pattern cutting skills alongside with extensive knowledge of garment construction and high-level sewing skills, she developed prototypes and constructed final garments for their London catwalk shows. However, the management team lacks a dedicated finance head who may be beneficial for the company at this stage of fundraising.

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Pitch Rated

81%

Gold

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Pitch Rated

50%

Insufficient Data

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CROWD RATING™

pledged: 108% days to go: 2 investment: £216,203

  • £361,380
    pledged
  • 120%
    of goal

    £300,000
    target

    £1,360,500
    pre-money valuation

    18.07%
    equity available

    347
    investors

    £1,041
    pledge per investor

    07120773
    company number

    Active
    company status

    09/01/2010
    incorporated 11 years

    Equity Calculator
    Investment
    £
    Equity
    %
    Funding rounds
    09 Mar 20 Seedrs £361,380 / 120% 65.67%
  • Internet Business Awards Category Award Winner 2015
  • Hertfordshire Business Awards Finalist 2014

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