{"data":{"type":"company_profile_ai","id":147156,"entity_id":"wefunder:company:147156","attributes":{"canonical_url":"https://wefunder.com/got.bag","retrieval_urls":{"canonical":"https://wefunder.com/got.bag","json":"https://wefunder.com/got.bag.json","markdown":"https://wefunder.com/got.bag.md","ai_json":"https://wefunder.com/got.bag.ai.json","ai_text":"https://wefunder.com/got.bag.ai.txt","changelog_json":"https://wefunder.com/got.bag.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-04T05:03:07Z","generated_at":"2026-06-04T11:01:10Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":147156,"entity_id":"wefunder:company:147156","slug":"got.bag","name":"GOT BAG","tagline":"World's first travel bags \u0026 accessories made of recycled Ocean Impact Plastic™. 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Celebrity Backed!","story":"The ProblemOur SolutionAfter years of research and development, we invented the world's first travel bags crafted from recycled Ocean Impact Plastic™.Promises Made and DeliveredA big thank you to our friends and family for being a part of GOT BAG history, where we opened up an investment round and they led the way.We’re doubling down with a larger round that you can join for a limited time.We're excited to extend an invitation to our community to join the Global Ocean Transformation.\u0026nbsp;Invest in GOT BAG North America Inc. and be part of our operations spanning the United States, Canada, and Mexico. GOT BAG redefines fashion with a unique blend of style, sustainability, and social purpose. Our Celebrity PartnershipsOngoing talks with global titans promise more exciting developments.GOT BAG North America is Poised to be a Much Larger Business Than EuropeGOT BAG North America is showing remarkable growth, demonstrating our ability to rapidly scale and expand our brand presence in this market.\u0026nbsp;By leveraging the successful trends and lessons learned from Europe, along with a strong R\u0026amp;D team, we’ve been able to achieve and sustain higher growth rates.Celebrated by Leading RetailersOur Impact Resonates on a Grand Scale, Proudly Extending Our Reach to Renowned Premium Retailers WorldwideAs Seen On:Seizing the Sustainable Wave: A Green OpportunityIn the thriving North American luggage and bag industry, valued at $34.58 billion in 2023 (projected to grow annually by 1.99%), GOT BAG is perfectly positioned to lead.\u0026nbsp;Additionally, Generation Z, often seen as trendsetters, shows a strong inclination toward eco-conscious products.Explore Our Beautiful Collection of Eco-friendly Bags, Backpacks, Accessories, and MoreOur products seamlessly integrate into your everyday adventures, combining style and purpose. Join us in making every moment count, as we redefine sustainable living with each step you take.GOT BAG’s Impact and Competitive AdvantageAt GOT BAG, we empower communities and fishermen to remove thousands of pounds of plastic waste daily. Instead of being dumped or burned, this plastic is cleaned, pelletized, and turned into yarn for our bags, backpacks, accessories, and luggage. Each purchase is a step towards protecting our oceans.Our Community of Eco WarriorsOur Social Community, over 1M eco-warriors strong, is a movement united by our mission to clean oceans and style the world sustainably.\u0026nbsp;Milestones and GrowthSince our establishment in North America in 2021, our journey has been defined by notable milestones and substantial growth.\u0026nbsp;Despite our success, we're just beginning to tap our potential. The North American market offers diverse opportunities, and with Q1 2024 performance exceeding forecasts by 200%, we are well-positioned for a promising year ahead.Corporate ProfitabilityUnlocking Additional Growth Potential​*This chart contains forward projections that cannot be guaranteedWhat's the Blueprint for Our Growth and Path to Success?GOT BAG will leverage Amazon, introduce new products, and foster customer engagement to build loyalty and encourage referrals. We will further optimize efficiency, talent acquisition, and data-driven decision-making, leveraging analytics for growth.This direction will ensure our brand’s lasting success.1) Cost Reduction and Margin Optimization:Optimize supply chains and synergize with GOT BAG Europe.Relocate production outside China to reduce duties and boost profit margins.Use full container shipments to Las Vegas warehouse for lower COGS.2) Margin Maximization Strategies:Expand D2C sales \u0026amp; Invest in e-commerce channels.Collaborate on R\u0026amp;D with GOT BAG Europe.3) Operational Efficiency Measures:Joint procurement efforts and shared manufacturing spaces.Leverage GOT BAG Europe’s logistics and marketing capabilities.4) Economies of Scale and Overhead Optimization:Centralize administrative functions to optimize overhead expensesWhat’s Preventing Us From Growing Even Faster?Challenges Hindering GrowthLimited Funding: Hinders investments and expansion.Brand Recognition: Difficulty establishing presence in new markets.Economic Fluctuations: Cause changing consumer spending patterns.Competition: Navigating fierce rivalry in established markets.How Will Raising Money Solve This Problem \u0026amp; Position GOT BAG As An Industry Leader?Attracting top talent for growth\u0026nbsp;Empowers innovative marketing campaigns (online \u0026amp; in-store).Facilitates entry into diverse markets (college bookstores, corporate branding, active lifestyle).Supports collaborations and partnerships enhancing reach/consumer baseEnables participation in key trade shows for brand visibility.What's Next?We're Evolving into a Premium Fabric Supplier, Creating New Revenue Streams and Revolutionizing the Textile IndustryPremium Partnerships: We are in initial stages with major brands \u0026amp; retailers who want to use our premium fabric supply. By offering them eco-conscious choices, we’re not only meeting their needs but also setting industry standards.Endless Market Demand: Our fabric caters to diverse markets, generating revenue in high-end fashion and interior décor sectors.Unmatched Impact: By providing our fabric to influential partners, we reduce plastic waste and promote a sustainable future, reinforcing our commitment to environmental stewardship.\u0026nbsp;Our PerksCoral Planting Certificate: A personalized certificate confirming a coral planted in your name as part of GOT BAG’s commitment to environmental sustainabilityPersonalized Letter \u0026amp; Pro-Deal Discounts: A personalized letter containing 10 pro-deal discount codes of up to 60% off any Ecom order to distribute or use at your discretionInvitation to the Ocean Care Club: Participate in investor meetings to discuss the brand’s progress, early access to products, GOT BAG apparel/merchandise, customized \u0026amp; personalized GOT BAG gear, and more!Investors Day: An invitation to GOT BAG Investors Day with key executives, providing an opportunity for in-depth discussions, networking, and personalized insightsGet in TouchExplore more: www.got-bag.comEmail: funding@got-bag.comFollow Our JourneyStay tuned for exciting updates on Facebook | Instagram | LinkedIn","quick_facts":["⬆️ Established in North America in 2021 with a $3m revenue run rate and a +100% annual growth rate","🤯 2.5x unrealized return for our investors from only 10 months ago, they are reinvesting!","❤️ 100K+ products sold online \u0026amp; 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GOT BAG has already achieved remarkable success, having sold over 100,000 backpacks online and through esteemed retailers such as REI, Bloomingdale's, Free People, etc. They continue to prove that it’s possible to build a million-dollar brand in a very short amount of time while staying true to a mission and creating a positive impact on the world. As an investor and advisory board member, I see tremendous potential for growth and revenue generation. I believe in the power of collaboration to drive positive change, and I'm thrilled to lend my support and expertise to help GOT BAG continue its successful trajectory. Together, we'll continue to innovate, create, and lead by example in the sustainable fashion industry. I look forward to the future and the positive impact we'll make on the world."},{"id":8600,"entity_id":"wefunder:company_investor_profile:8600","name":"Sam Incardona","profile_url":"https://wefunder.com/sam.incardona","endorsement_quote":"Even before I was an investor in GOT BAG I was an evangelist for the brand. GOT BAG is more than a company—it's a paradigm shift in the sustainable goods marketplace, proving that a business can be both a force for positive environmental change and a model of profitability/scalability. In my extensive experience within the e-commerce space, where I've engaged with powerhouses like The North Face, Nike, and Bulletproof, it's rare to encounter a brand like GOT BAG. It's very seldom that I meet brands that have amazing products/design that also have such a commitment to mission-driven sustainability. They've ingeniously navigated multiple distribution models, from wholesale to direct-to-consumer, marking them as a brand on the cusp of a significant breakthrough in North America. Their trajectory within the direct-to-consumer space, in particular, showcases a vast untapped potential ready to be harnessed. Leading this fundraising round, I am not just investing capital but advocating for a future where commerce aligns seamlessly with environmental stewardship. I am confident in the product, the mission and the team at GOT BAG. It's a compelling narrative: every investment made and every product sold contributes directly to the health of our oceans."}],"relationships":[{"source_entity_id":"wefunder:company:147156","relation":"has_team_member","target_entity_id":"wefunder:user:4319448","target_url":"https://wefunder.com/matthias.paisdzior"},{"source_entity_id":"wefunder:company:147156","relation":"has_team_member","target_entity_id":"wefunder:company_role:4228800"},{"source_entity_id":"wefunder:company:147156","relation":"has_team_member","target_entity_id":"wefunder:user:4173948","target_url":"https://wefunder.com/case.davis"},{"source_entity_id":"wefunder:company:147156","relation":"has_team_member","target_entity_id":"wefunder:company_role:4083687"},{"source_entity_id":"wefunder:company:147156","relation":"has_team_member","target_entity_id":"wefunder:company_role:4233516"},{"source_entity_id":"wefunder:company:147156","relation":"has_team_member","target_entity_id":"wefunder:user:4318787","target_url":"https://wefunder.com/domenic.devico"},{"source_entity_id":"wefunder:company:147156","relation":"has_team_member","target_entity_id":"wefunder:company_role:4233048"},{"source_entity_id":"wefunder:company:147156","relation":"has_team_member","target_entity_id":"wefunder:company_role:4233047"},{"source_entity_id":"wefunder:company:147156","relation":"has_team_member","target_entity_id":"wefunder:company_role:4228805"},{"source_entity_id":"wefunder:company:147156","relation":"has_team_member","target_entity_id":"wefunder:company_role:4342887"},{"source_entity_id":"wefunder:company:147156","relation":"has_featured_investor","target_entity_id":"wefunder:notable_investor:12440","target_url":"https://wefunder.com/sloane.stephens"},{"source_entity_id":"wefunder:company:147156","relation":"has_featured_investor","target_entity_id":"wefunder:user:4319552","target_url":"https://wefunder.com/sam.incardona"},{"source_entity_id":"wefunder:company:147156","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:226574","target_url":"https://wefunder.com/feed/226574"},{"source_entity_id":"wefunder:company:147156","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:181356","target_url":"https://wefunder.com/feed/181356"},{"source_entity_id":"wefunder:company:147156","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:181323","target_url":"https://wefunder.com/feed/181323"},{"source_entity_id":"wefunder:company:147156","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:181236","target_url":"https://wefunder.com/feed/181236"},{"source_entity_id":"wefunder:company:147156","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:181211","target_url":"https://wefunder.com/feed/181211"},{"source_entity_id":"wefunder:company:147156","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:180704","target_url":"https://wefunder.com/feed/180704"},{"source_entity_id":"wefunder:company:147156","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:179701","target_url":"https://wefunder.com/feed/179701"},{"source_entity_id":"wefunder:company:147156","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:179455","target_url":"https://wefunder.com/feed/179455"},{"source_entity_id":"wefunder:company:147156","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:179158","target_url":"https://wefunder.com/feed/179158"},{"source_entity_id":"wefunder:company:147156","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:178870","target_url":"https://wefunder.com/feed/178870"},{"source_entity_id":"wefunder:company:147156","relation":"has_latest_fundraise","target_entity_id":"wefunder:fundraise:102211"}],"faq":[{"question":"What is the exit strategy ? When the company will be a profitable ? Who is your competitor ? Do you intend to launch a new products?","answer":"Great questions! Regarding our exit strategy - Our aim for the next five years is to significantly grow our business and establish it as a leading company within the industry. We recognize the immense potential for rapid growth, but we're committed to ensuring it's sustainable by setting realistic targets. We're investing for the long term while achieving near-term milestones to demonstrate our progress. While it's premature to outline an exact exit scenario, we're addressing a sizable market..."},{"question":"1) I'm trying to get a handle on your corporate structure, as it seems to include several subsidiaries. Can you describe the corporate hierarchy in terms of the parent company (which I assume is Got Bag GmbH) and any sister corporations and subsidiaries? 2) It sounds as though...","answer":"Hey Kevin, appreciate the thoughtful questions! They're spot-on and will definitely provide clarity for other potential investors. Here are the answers: 1) GOT BAG was founded in 2018 by Benny Mandos in Germany as GOT BAG GmbH. It quickly rose to prominence in the European market, becoming the leading backpack manufacturer. In early 2020, we expanded our horizons, setting up an office in Portland, Oregon, as we recognized the immense potential in North America. As the Head of North America at..."},{"question":"Hi, I'm from Europe. Do I receive the bag for an 250$ investment too?","answer":"You sure do, Patrick. :)"},{"question":"Is the company profitable?","answer":"Thanks for your question! GOT BAG North America has just reached break-even and, according to our financial plan, we expect to end this year profitably. Over the past year, we’ve focused heavily on optimizing operations, increasing efficiency, and expanding our sales channels, all of which have put us in a strong position for sustained growth. With our current trajectory and planned initiatives, we are confident that 2025 will be the year we turn a profit. Let us know if you have any other qu..."},{"question":"What kind of stocks will be offered as future equity","answer":"Thanks for your question! The investment is structured as a SAFE (Simple Agreement for Future Equity), which means that investors will receive equity in a future priced round. The specific type of stock issued at that time will depend on the terms of the future financing event. Currently, GOT BAG North America Inc. has only one class of stock—Common Stock. Once a qualified financing round occurs, SAFE investors will convert their investment into equity at the agreed-upon terms. Let us know if..."}],"recent_posts":[{"id":226574,"entity_id":"wefunder:feed_item:226574","preview":"Hello friends,First of all, a big thank you to everyone who believed in us and backed GOT BAG on Wefunder. Your support has carried us through a year that tested every consumer goods brand out there. Tariffs, government shutdowns, and constant recession chatter created a tough environment for growth. The whole industry felt it, and we did too.But here is the part I am proud of. We powered through as a team. We became better operators. We sharpened our focus. We made smarter decisions. We kept...","published_at":"2025-12-02T23:08:57Z","canonical_url":"https://wefunder.com/feed/226574"},{"id":181356,"entity_id":"wefunder:feed_item:181356","title":"Midnight Deadline: Own a Piece of GOT BAG","preview":"Hey everyone,We’ve officially entered the\u0026nbsp;final hours\u0026nbsp;of our Wefunder campaign — and we close at\u0026nbsp;midnight tonight.This is your\u0026nbsp;last chance\u0026nbsp;to invest in GOT BAG and become part of a global movement that’s turning ocean plastic into purpose-built gear — and building a brand people are proud to carry.We’ve already:Removed over 3 million pounds of ocean plasticGrown a\u0026nbsp;profitable business\u0026nbsp;in North AmericaLanded in top retailers like\u0026nbsp;REI, Free People, Nordstr...","published_at":"2025-04-11T17:03:42Z","canonical_url":"https://wefunder.com/feed/181356"},{"id":181323,"entity_id":"wefunder:feed_item:181323","title":"Final 24 Hours — Let’s Ride This Wave Together 🌊","preview":"Hey everyone,We’re officially in the final 24 hours of our Wefunder campaign and we’re more fired up than ever about what’s ahead. Whether you’ve already joined us or are still on the fence, this is the moment to be part of something bigger.Here’s a quick preview of where this round is taking us:A bold new D2C strategyWe’re doubling down on our direct-to-consumer experience, creating a stronger connection between our mission and the people who believe in it.A product line that goes beyond bag...","published_at":"2025-04-10T18:49:01Z","canonical_url":"https://wefunder.com/feed/181323"},{"id":181236,"entity_id":"wefunder:feed_item:181236","title":"Investor Q\u0026amp;A Part 2: Unfiltered, Unscripted, Unmissable","preview":"Over the past few weeks, we’ve been getting a flood of thoughtful, sharp, and sometimes tough questions — not just about the investment opportunity, but about the bigger picture behind GOT BAG.The why behind what we do.The mission that drives us.How we’re actually building a business that’s profitable and purpose-driven.So, we teamed up again with the amazing Lindsay Hoffman (Senior Reporter at InTouch, Life \u0026 Style, and more) to sit down for Part 2 of our Investor Q\u0026A. We covered everything ...","published_at":"2025-04-08T19:32:42Z","canonical_url":"https://wefunder.com/feed/181236"},{"id":181211,"entity_id":"wefunder:feed_item:181211","title":"One Week Left to Invest — Let’s Make It Count","preview":"Hi everyone,We’ve officially entered the final week of our Wefunder campaign—and this is where things get exciting. Many campaigns see 30% or more of their raise happen in the last week. It’s real momentum, and it’s happening now.This round of funding is going to help us: 🚀 Expand our D2C and retail footprint in North America 🌊 Scale our ocean impact programs and collection efforts 🧳 Launch new categories and push innovation in sustainable design 🤝 Deepen relationships with ambassadors and re...","published_at":"2025-04-07T21:33:56Z","canonical_url":"https://wefunder.com/feed/181211"},{"id":180704,"entity_id":"wefunder:feed_item:180704","title":"We’re in the Final Stretch — and Momentum’s Building","preview":"Hey everyone,We’re officially in the home stretch — our Wefunder campaign closes on April 11, and the momentum is picking up fast.So far, we’ve raised over $200K, welcomed 150+ new investors, and built the foundation for a future that’s more ambitious, more impactful, and more exciting than ever.If you’re just tuning in, here’s a quick look at what we’ve accomplished: ✅ Removed 3+ million pounds of plastic from the ocean ✅ Built partnerships with Jason Momoa, Kelly Slater, and Sloane Stephens...","published_at":"2025-03-24T18:57:19Z","canonical_url":"https://wefunder.com/feed/180704"},{"id":179701,"entity_id":"wefunder:feed_item:179701","title":"GOT BAG Impact Update // Our Mission in Action \u0026amp; What’s Ahead","preview":"Hey Wefunder Community,As we look back at an incredible 2024, we want to take a moment to thank you for being part of our mission. Your support has directly fueled our efforts to clean the ocean, drive real change, and expand our impact where it matters most.2024 Accomplishments – Turning Waste into ProgressLast year, we made major strides in ocean cleanup, recycling innovation, and community education:873,000 lbs of certified collected plastic waste—a record-breaking effort!6 new recycling c...","published_at":"2025-02-19T21:57:47Z","canonical_url":"https://wefunder.com/feed/179701"},{"id":179455,"entity_id":"wefunder:feed_item:179455","title":"GOT BAG Just Closed January Profitably – Big News!","preview":"Hey everyone,Huge milestone to share...we closed January in profit! This is a big deal. It proves that our business is not only growing rapidly but also becoming more efficient and profitable. Every month, we’re refining our operations, increasing sales, and making sure that GOT BAG is built for long-term success.For those of you who have already invested, thank you! Your support is what’s fueling this momentum. If you’re as excited as we are about where we’re headed, now’s a great time to in...","published_at":"2025-02-11T20:59:23Z","canonical_url":"https://wefunder.com/feed/179455"},{"id":179158,"entity_id":"wefunder:feed_item:179158","title":"We Did It! GOT BAG’s Crowdfunding Goal is Officially Hit!","preview":"This is a huge moment for us, and we couldn’t have done it without YOU, our incredible community of investors, supporters, and believers in what we’re building. Hitting our goal is not just a milestone; it’s fuel to keep pushing forward and making an even bigger impact.And honestly, the timing couldn’t be better. 2025 has kicked off with a bang, and we’re already smashing our targets. Sales are strong, our community is growing, and we’re doubling down on everything that makes GOT BAG special....","published_at":"2025-01-30T16:29:05Z","canonical_url":"https://wefunder.com/feed/179158"},{"id":178870,"entity_id":"wefunder:feed_item:178870","title":"Making Waves Together: Your Questions Answered in Our GOT BAG Q\u0026amp;A","preview":"In 2024, we launched our first-ever crowdfunding campaign, opening the door for everyone to become part of our journey, to disrupt the industry and make a meaningful, lasting impact on the environment and livelihoods in Southeast Asia.The response? Absolutely incredible. The enthusiasm and support from people eager to join our mission have been nothing short of inspiring.So, we’re keeping the momentum rolling!Over the past months, we’ve received countless questions from our amazing community,...","published_at":"2025-01-20T17:52:33Z","canonical_url":"https://wefunder.com/feed/178870"}],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-04T11:01:10Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-04T05:03:07Z","as_of":"2026-06-04T11:01:10Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-04T05:03:07Z","as_of":"2026-06-04T11:01:10Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-04T11:01:10Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-04T11:01:10Z","confidence":"medium"}}}}}}