{"data":{"type":"company_profile","id":147156,"entity_id":"wefunder:company:147156","attributes":{"canonical_url":"https://wefunder.com/got.bag","generated_at":"2026-06-04T10:58:45Z","updated_at":"2026-06-04T05:03:07Z","entity_ids":{"company":"wefunder:company:147156","slug":"wefunder:company_slug:got.bag"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-04T10:58:45Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-04T05:03:07Z","as_of":"2026-06-04T10:58:45Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-04T05:03:07Z","as_of":"2026-06-04T10:58:45Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-04T10:58:45Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-04T10:58:45Z","confidence":"medium"}}},"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™. 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","location":"Beaverton, OR","website":"https://us.got-bag.com/","total_amount_raised":227668,"total_investors":184,"is_funded":true,"is_active":true,"quality_score":3,"related_urls":["https://wefunder.com/got.bag","https://us.got-bag.com/"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/147156/xxl_blob.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/147156/large_blob.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/147156/standard_blob.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/147156/standard_blob.jpg"},"links":{"company_url":"https://us.got-bag.com/","linkedin_url":"https://linkedin.com/company/got-bag/","facebook_url":"https://facebook.com/gotbagbrand/","instagram_url":"https://instagram.com/gotbag","youtube_url":"https://youtube.com/@gotbag7434"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"⬆️ Established in North America in 2021 with a $3m revenue run rate and a +100% annual growth rate"},{"index":2,"claim_id":"claim-fact-2","value":"🤯 2.5x unrealized return for our investors from only 10 months ago, they are reinvesting!"},{"index":3,"claim_id":"claim-fact-3","value":"❤️ 100K+ products sold online \u0026amp; to elite retailers like REI, Bloomingdales, Urban Outfitters \u0026amp; mor"},{"index":4,"claim_id":"claim-fact-4","value":"♻️ Bags made from recycled Ocean Impact Plastic 2.2M+ pounds of plastic waste collected \u0026amp; recycled"},{"index":5,"claim_id":"claim-fact-5","value":"⭐️ Massive Global reach: Over 1M followers across all social media channels and email"},{"index":6,"claim_id":"claim-fact-6","value":"✨ Major partnerships with celebs \u0026amp; organizations: Jason Momoa, Kelly Slater, Coral Gardeners, \u0026amp; more"}],"team":[{"id":4083685,"entity_id":"wefunder:company_role:4083685","user_entity_id":"wefunder:user:4319448","role":"founder","name":"Matthias Paisdzior","title":"President","bio":"Entrepreneur \u0026amp; strategist, steering Operations \u0026amp; Finance at consumer goods and consulting giants before turning passion into purpose with the U.S. launch of GOT BAG. Bootstrapping operations \u0026amp; transforming the company into a multi-million-dollar business.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/4083685/square_blob.jpg?1709151576","profile_url":"https://wefunder.com/matthias.paisdzior","related_urls":["https://wefunder.com/matthias.paisdzior"]},{"id":4228800,"entity_id":"wefunder:company_role:4228800","role":"founder","name":"Benjamin Mandos","title":"Founder","bio":"Serial entrepreneur. Founded GOT BAG with a groundbreaking idea, bootstrapping the development of the world’s first backpack made of ocean plastic in 2018. This innovation revolutionized sustainable fashion, reflecting his commitment to cleaner oceans.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/4228800/square_blob.jpg?1709006580","related_urls":[]},{"id":4004191,"entity_id":"wefunder:company_role:4004191","user_entity_id":"wefunder:user:4173948","role":"employee","name":"Case Davis","title":"Vice President of Operations","bio":"Versatile professional with tangible experience in marketing/logistics management. Holds a key role in optimizing supply chains for successful campaigns. Helped establish GOT BAG North America, contributing to sustainability and operational excellence.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/4004191/square_blob.jpg?1709144905","profile_url":"https://wefunder.com/case.davis","personal_url":"https://us.got-bag.com/","related_urls":["https://wefunder.com/case.davis","https://us.got-bag.com/"]},{"id":4083687,"entity_id":"wefunder:company_role:4083687","role":"employee","name":"Jay Sheldon","title":"VP of Sales","bio":"Sales powerhouse, with an extensive career in the fashion industry and having occupied key positions in several globally acclaimed fashion brands over the last 20+ years. Proficient in scaling brands to achieve multimillion-dollar sales figures.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/4083687/square_blob.jpg?1709139509","related_urls":[]},{"id":4233516,"entity_id":"wefunder:company_role:4233516","role":"employee","name":"Kathrin Melchior","title":"Lead of Product","bio":"Forged an impressive fashion career with experience at H\u0026amp;M and JOOP! Womenswear at HOLY FASHION GROUP. Currently leading the Product department at GOT BAG, she leverages her extensive experience to shape and drive product development and design.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/4233516/square_blob.jpg?1709082494","related_urls":[]},{"id":4233042,"entity_id":"wefunder:company_role:4233042","user_entity_id":"wefunder:user:4318787","role":"employee","name":"Domenic DeVico","title":"Brand Development Manager","bio":"The driving force behind our wholesale operations, serving as the catalyst for forging robust partnerships with existing accounts and spearheading the expansion of our wholesale and corporate business day in and day out.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/4233042/square_blob.jpg?1709082494","profile_url":"https://wefunder.com/domenic.devico","related_urls":["https://wefunder.com/domenic.devico"]},{"id":4233048,"entity_id":"wefunder:company_role:4233048","role":"employee","name":"Leonie Schreck","title":"Lead of Mission","bio":"Leading the charge on the GOT BAG mission, collaborating daily with the GOT BAG Indonesia NGO, with the overarching aim of making a positive impact on our environment and safeguarding our oceans.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/4233048/square_blob.jpg?1709082494","related_urls":[]},{"id":4233047,"entity_id":"wefunder:company_role:4233047","role":"employee","name":"Anne Weckler","title":"Brand Collaborations \u0026 PR Manager","bio":"Strategically builds partnerships, crafting narratives that elevate GOT BAG's presence in sustainable fashion. With a track record including collaborations with Coral Gardeners, Sea Shepherd, and Sea Legacy, bringing a wealth of experience to our mission.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/4233047/square_blob.jpg?1709082494","related_urls":[]},{"id":4228805,"entity_id":"wefunder:company_role:4228805","role":"employee","name":"Patrick O'Neil","title":"Advisory Board Member","bio":"Second employee of the iconic outdoor brand Rumpl. Decade of experience in building start-ups and expertise in numerous funding endeavors, now contributing to the growth of GOT BAG as an advisory board member, accelerating the expansion in North America.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/4228805/square_blob.jpg?1713481436","related_urls":[]},{"id":4342887,"entity_id":"wefunder:company_role:4342887","role":"employee","name":"Sloane Stephens","title":"Advisory Board Member","bio":"Pro Tennis Player, Grand Slam champion, with a career-high ranking of #3 in the world. Beyond achievements on the court, also a strategic Investor and Philanthropist. Business savvy with a keen eye for impact startups, helping GOT BAG soar to new heights.","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/4342887/square_blob.jpg?1713481436","related_urls":[]}],"featured_investors":[{"id":8948,"entity_id":"wefunder:company_investor_profile:8948","investor_profile_id":3850902,"investor_profile_entity_id":"wefunder:investor_profile:3850902","subject_entity_id":"wefunder:notable_investor:12440","name":"Sloane Stephens","role_title":"","bio":"Professional Tennis Player, Grand Slam champion, with a career-high ranking of #3 in the world. Beyond her achievements on the court, also a strategic Investor and Philanthropist. Renowned for her business acumen and keen eye for startups with a cause.","avatar_url":"https://wefunder.com/rails/active_storage/blobs/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTE4NTU1LCJwdXIiOiJibG9iX2lkIn19--2b22e0812aadbf3f8f27fec8b74c5c78b8d75d4a/filename","profile_url":"https://wefunder.com/sloane.stephens","endorsement_quote":"I'm excited to join the GOT BAG team. I first discovered the brand as a consumer when I was searching for a carry-on that was durable enough to keep up with my tennis schedule and sleek enough to fit my personal style. I already loved the products when I learned more about their unwavering commitment to sustainability and social responsibility. The team’s mission to clean up the oceans while creating stylish, functional, and durable products is something I deeply admire. That's why I decided to invest in GOT BAG and join their Advisory Board. 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.","endorsement_name":"","investment_total":25000,"investment_info":"Invested $25,000 this round","is_lead_investor":false,"memo_paid_for_by_company":false,"related_urls":["https://wefunder.com/sloane.stephens"]},{"id":8600,"entity_id":"wefunder:company_investor_profile:8600","investor_profile_id":3809083,"investor_profile_entity_id":"wefunder:investor_profile:3809083","subject_entity_id":"wefunder:user:4319552","name":"Sam Incardona","role_title":"","avatar_url":"https://wefunder.com/rails/active_storage/blobs/redirect/eyJfcmFpbHMiOnsiZGF0YSI6MTE3OTA5LCJwdXIiOiJibG9iX2lkIn19--816463b869137bf7809e1373a51f60bebd987534/filename","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.","endorsement_name":"","investment_total":65000,"investment_info":"Invested $5,000 this round \u0026 $60,000 previously","is_lead_investor":true,"memo_paid_for_by_company":false,"related_urls":["https://wefunder.com/sam.incardona"]}],"investor_memos":[],"tab_counts":{"posts":16,"ask_questions":13,"featured_investors":2,"faq_entries":5},"active_fundraises":[{"id":102211,"entity_id":"wefunder:fundraise:102211","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":500000.0,"minimum_target":"200000.0","maximum_target":"500000.0"},{"id":102210,"entity_id":"wefunder:fundraise:102210","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":500000.0,"minimum_target":"200000.0","maximum_target":"500000.0","funding_started_at":"2024-02-29T23:50:44Z","funding_closed_at":"2025-04-12T04:00:01Z","auto_close_at":"2025-04-12T03:59:59Z"}],"latest_fundraise":{"id":102211,"entity_id":"wefunder:fundraise:102211","state":"successful","offering_type":"4(a)(6)","structure":"ttw","testing_the_waters":true,"can_invest_now":false,"funding_started_at":null,"funding_closed_at":null,"terms":{"eb":"$11M","nb":"$12M","txt":"valuation cap"}},"recent_posts":[{"id":226574,"entity_id":"wefunder:feed_item:226574","type":"FeedItem::Note","visibility":"public","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","author_name":"Matthias Paisdzior","url":"/feed/226574","canonical_url":"https://wefunder.com/feed/226574"},{"id":181356,"entity_id":"wefunder:feed_item:181356","type":"FeedItem::Update","visibility":"public","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","author_name":"Matthias Paisdzior","url":"/feed/181356","canonical_url":"https://wefunder.com/feed/181356"},{"id":181323,"entity_id":"wefunder:feed_item:181323","type":"FeedItem::Update","visibility":"public","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","author_name":"Matthias Paisdzior","url":"/feed/181323","canonical_url":"https://wefunder.com/feed/181323"},{"id":181236,"entity_id":"wefunder:feed_item:181236","type":"FeedItem::Update","visibility":"public","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","author_name":"Matthias Paisdzior","url":"/feed/181236","canonical_url":"https://wefunder.com/feed/181236"},{"id":181211,"entity_id":"wefunder:feed_item:181211","type":"FeedItem::Update","visibility":"public","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","author_name":"Matthias Paisdzior","url":"/feed/181211","canonical_url":"https://wefunder.com/feed/181211"},{"id":180704,"entity_id":"wefunder:feed_item:180704","type":"FeedItem::Update","visibility":"public","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","author_name":"Matthias Paisdzior","url":"/feed/180704","canonical_url":"https://wefunder.com/feed/180704"},{"id":179701,"entity_id":"wefunder:feed_item:179701","type":"FeedItem::Update","visibility":"public","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","author_name":"Matthias Paisdzior","url":"/feed/179701","canonical_url":"https://wefunder.com/feed/179701"},{"id":179455,"entity_id":"wefunder:feed_item:179455","type":"FeedItem::Update","visibility":"public","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","author_name":"Matthias Paisdzior","url":"/feed/179455","canonical_url":"https://wefunder.com/feed/179455"},{"id":179158,"entity_id":"wefunder:feed_item:179158","type":"FeedItem::Update","visibility":"public","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","author_name":"Matthias Paisdzior","url":"/feed/179158","canonical_url":"https://wefunder.com/feed/179158"},{"id":178870,"entity_id":"wefunder:feed_item:178870","type":"FeedItem::Update","visibility":"public","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","author_name":"Matthias Paisdzior","url":"/feed/178870","canonical_url":"https://wefunder.com/feed/178870"},{"id":178615,"entity_id":"wefunder:feed_item:178615","type":"FeedItem::Update","visibility":"public","title":"From Big Wins to Bigger Dreams: GOT BAG’s 2024 Recap \u0026amp; 2025 Vision 🚀","preview":"Hello, 2025!What a year 2024 has been! We’ve hustled through long days (and longer nights), pulled together as a team, and celebrated some truly incredible wins. Here’s the highlight reel:Wholesale Growth: Our presence in the wholesale sector exploded this year, partnering with major key accounts like REI and Free People. We’re officially playing in the big leagues!Corporate Sales: We’ve gone toe-to-toe with corporate giants and come out on top, working with brands like Toyota, Red Bull, and ...","published_at":"2025-01-06T23:31:03Z","author_name":"Matthias Paisdzior","url":"/feed/178615","canonical_url":"https://wefunder.com/feed/178615"},{"id":177305,"entity_id":"wefunder:feed_item:177305","type":"FeedItem::Update","visibility":"public","title":"We Want to Hear from You!","preview":"Hey everyone,The growing interest in GOT BAG has sparked numerous thoughtful questions—ranging from our Wefunder campaign and investor benefits to our strategic partnerships and market position.In light of this engagement, we're creating an opportunity to hear directly from you. What aspects of GOT BAG's journey interest you most? Whether you're curious about our achievements so far or our strategic vision ahead, we welcome all questions.\u0026nbsp;I, along with our leadership team will address yo...","published_at":"2024-11-07T13:04:36Z","author_name":"Matthias Paisdzior","url":"/feed/177305","canonical_url":"https://wefunder.com/feed/177305"},{"id":175928,"entity_id":"wefunder:feed_item:175928","type":"FeedItem::Update","visibility":"public","title":"Exciting Updates from GOT BAG North America!","preview":"Hey everyone,It’s been a little quiet on our end, but that’s because we’ve been hard at work expanding GOT BAG across North America—with great success! Here’s a quick look at what we’ve been up to over the past few weeks and months:Key Wins:We’ve secured additional key accounts and expanded our existing ones, which is driving significant growth.We’re breaking into the college bookstore market, a huge step for us!We’ve successfully launched on Amazon, giving us an even larger platform to reach...","published_at":"2024-09-13T16:51:50Z","author_name":"Matthias Paisdzior","url":"/feed/175928","canonical_url":"https://wefunder.com/feed/175928"},{"id":172781,"entity_id":"wefunder:feed_item:172781","type":"FeedItem::Update","visibility":"public","title":"🎾Tennis Star Sloane Stephens Joins GOT BAG as Featured Investor 🎾","preview":"We're thrilled to share some exhilarating news with you all! As our journey continues to expand horizons and break new ground in sustainability and innovation, we're beyond excited to announce a significant addition to the GOT BAG team. Please welcome aboard professional tennis sensation Sloane Stephens as our newest featured investor!Sloane Stephens, known for her remarkable achievements on the tennis court, has demonstrated a commitment to excellence both in her athletic pursuits and in her...","published_at":"2024-04-22T16:01:27Z","author_name":"Case Davis","url":"/feed/172781","canonical_url":"https://wefunder.com/feed/172781"},{"id":171456,"entity_id":"wefunder:feed_item:171456","type":"FeedItem::Update","visibility":"public","title":"GOT BAG’s Q1 HOME RUN","preview":"\"We’ve exceeded our revenue projections by nearly 200%\"At GOT BAG, we always say “running a startup is like riding a roller coaster.” And it’s true, the ups and downs of starting a business are unavoidable. Quarter one of 2024, however, has been one long ride up: we’ve exceeded our revenue projections by nearly 200%! This comes in conjunction with another major milestone in GOT BAG’s growth. This past February, GOT BAG’s business operations became completely profitable, with a profit margin o...","published_at":"2024-03-27T21:24:28Z","author_name":"Case Davis","url":"/feed/171456","canonical_url":"https://wefunder.com/feed/171456"},{"id":171451,"entity_id":"wefunder:feed_item:171451","type":"FeedItem::Update","visibility":"public","title":"The Backpack Saving our Oceans","preview":"Join GOT BAG's Quest for a Cleaner Planet GOT BAG’s Solution to Pollution GOT BAG’s Eco RevolutionGreetings WeFunder! Case Davis here, Vice President of Operations at GOT BAG. We could not be more excited to have finally launched our first crowdfunding campaign on WeFunder.\u0026nbsp;I know many of you haven’t yet heard of us, but we’re a rapidly growing backpack and travel accessory brand. All our products are made of recycled plastic waste that has been collected from our OWN cleanup sites in In...","published_at":"2024-03-12T17:49:54Z","author_name":"Case Davis","url":"/feed/171451","canonical_url":"https://wefunder.com/feed/171451"}],"q_and_a":[{"id":311392,"entity_id":"wefunder:comment:311392","question":"When will the investor perks be made available?","author_name":"Barrett A.","votes":4,"created_at":"2025-07-16T13:46:51Z","canonical_url":"https://wefunder.com/got.bag#question-311392","answers":[]},{"id":282893,"entity_id":"wefunder:comment:282893","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 this raise is for GOT BAG North America. Just to be clear, will investors get a SAFE in relation to only that entity, or the entire company as a whole? 3) Where can we see documentation on how the other company subsidiaries are performing? (No offense, but whenever companies start offering piecemeal investments in subsidiaries as opposed to the company as a whole, it's seldom an opportunity to get in on the best business units. It's often the struggling/worst-performing segments that get put on the table.)","author_name":"Kevin Hardman","votes":4,"created_at":"2024-05-02T17:26:51Z","canonical_url":"https://wefunder.com/got.bag#question-282893","answers":[{"id":282933,"entity_id":"wefunder:comment:282933","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 that time, I spearheaded the establishment of GOT BAG LLC right here in beautiful Oregon, with GOT BAG GmbH as the sole owner of GOT BAG LLC. We finally launched the brand to the public then, in the United States and Canada, in late 2021. After two years of amazing growth, we restructured our US operations by forming a C-Corp with myself as the company's president. In March 2023, we transferred all assets from GOT BAG LLC to the newly founded GOT BAG North America Inc. This move enabled us to welcome investment from shareholders, raising approximately $300k in our first priced round, with a company valuation of $4m at that time. GOT BAG GmbH now holds about 93% ownership of GOT BAG North America Inc., with the remaining shares distributed among angel investors in the United States. While GOT BAG GmbH retains majority ownership, GOT BAG North America Inc. operates autonomously with a dedicated internal team spread across Oregon, California, and Colorado. This setup allows us to effectively manage sales and operations in North America, while GOT BAG GmbH oversees Europe and Asia. Despite our intertwined ownership structure, both entities function as separate businesses without any subsidiaries or sister companies. 2) Yes, investors receive a SAFE related to GOT BAG North America Inc. and its future growth. 3) Great question! Please feel free to reach out to funding@got-bag.com, and we'll be more than happy to share financials with you regarding GOT BAG GmbH (again, which is the only other business entity at GOT BAG). For context, GOT BAG GmbH is projected to generate about $20m in net revenue this year, while GOT BAG North America Inc. is expected to generate about $3m in revenue. The reason for the difference in revenue is primarily due to the fact that the European business is older; GOT BAG GmbH was founded in 2018, whereas GOT BAG North America Inc. was launched in 2021. However, we are not the struggling or worst-performing segment—rather, we're the younger company on track to surpass the European business by 2026/2027. The North American market's scale is much larger than the European market, positioning us to become the larger entity in the future. We don't offer a SAFE in relation to all of GOT BAG because the two entities are entirely separate, and we raise money specifically for the growth of the North American business entity. Therefore, investments can only be made into GOT BAG North America Inc. Thank you for your excellent questions, and I hope my responses met your expectations. If you have any further inquiries or concerns, please don't hesitate to reach out, and we'll gladly address them. Thanks again, and have a fantastic day!","author_name":"Matthias Paisdzior","votes":2,"created_at":"2024-05-03T03:44:26Z"}]},{"id":319589,"entity_id":"wefunder:comment:319589","question":"Who is going to get in touch with us regarding the items that we are supposed to receive with our investment? I have sent emails with no response.","author_name":"Anny Chen","votes":3,"created_at":"2025-11-13T22:04:24Z","canonical_url":"https://wefunder.com/got.bag#question-319589","answers":[]},{"id":297815,"entity_id":"wefunder:comment:297815","question":"What kind of stocks will be offered as future equity","author_name":"Juan Jackson","votes":1,"created_at":"2024-12-10T21:30:51Z","canonical_url":"https://wefunder.com/got.bag#question-297815","answers":[{"id":301515,"entity_id":"wefunder:comment:301515","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 you have any other questions!","author_name":"Matthias Paisdzior","votes":0,"created_at":"2025-02-04T00:38:07Z"}]},{"id":297806,"entity_id":"wefunder:comment:297806","question":"What kind of stocks will be offered as future equity","author_name":"Juan Jackson","votes":1,"created_at":"2024-12-10T20:35:37Z","canonical_url":"https://wefunder.com/got.bag#question-297806","answers":[]},{"id":297220,"entity_id":"wefunder:comment:297220","question":"Is the company profitable?","author_name":"BENJAMIN STARK","votes":1,"created_at":"2024-12-01T08:39:50Z","canonical_url":"https://wefunder.com/got.bag#question-297220","answers":[{"id":301517,"entity_id":"wefunder:comment:301517","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 questions!","author_name":"Matthias Paisdzior","votes":0,"created_at":"2025-02-04T00:40:21Z"}]},{"id":294558,"entity_id":"wefunder:comment:294558","question":"Hi, I'm from Europe. Do I receive the bag for an 250$ investment too?","author_name":"Patrick Daum","votes":1,"created_at":"2024-10-21T17:56:46Z","canonical_url":"https://wefunder.com/got.bag#question-294558","answers":[{"id":301516,"entity_id":"wefunder:comment:301516","answer":"You sure do, Patrick. :)","author_name":"Matthias Paisdzior","votes":1,"created_at":"2025-02-04T00:39:19Z"}]},{"id":279641,"entity_id":"wefunder:comment:279641","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?","author_name":"Wael Alghamdi","votes":1,"created_at":"2024-03-25T23:19:41Z","canonical_url":"https://wefunder.com/got.bag#question-279641","answers":[{"id":279793,"entity_id":"wefunder:comment:279793","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 with a unique and innovative concept, and our audience is expanding rapidly. We have several options depending on market developments, and liquidity opportunities will naturally follow. We're considering the possibility of taking the company public via an IPO in the future. Our solution addresses a critical need for our target customers, which adds significant value. As we grow, it will become increasingly challenging for potential competitors to replicate our approach, making us a strategic asset for major players in our sector. We'll also explore mergers and acquisitions to maximize returns for our investors when the timing is right. However, our primary focus is on building a strong, sustainable company for the long term, which will provide us with various exit options. We're fully committed to building this company for the long haul and have no intention of selling it off quickly. We've developed something truly unique, and our goal is to dominate our sector because that's what our company deserves. Regarding profitability, I'm thrilled to share that we achieved profitability last February. We've exceeded our forecasts for 2024 so far, with January exceeding expectations by 127% and February by 244%, resulting in nearly $300k in net revenue and approximately $75k in profitability. With the outstanding performance of our sales team, we anticipate consistent profitability and increased returns throughout the year. I couldn't be prouder of my team! In terms of competitors, it's challenging to identify direct competitors because our approach, story, materials, and style set us apart. While we compete for shelf space with established backpack brands like Herschel, Fjallraven, Cotopaxi, and Topo Designs, our distinctiveness has enabled us to gain more retail real estate over the last 12 months. We're not just launching one new product, but several. Our product portfolio is continuously evolving to stay ahead of trends, and this year, we'll introduce several new bags, backpacks, and accessories, including new categories like luggage and sunglasses. Thank you for these insightful questions, and please feel free to reach out if you have any more! 😊","author_name":"Matthias Paisdzior","votes":0,"created_at":"2024-03-26T23:58:51Z"}]},{"id":325867,"entity_id":"wefunder:comment:325867","question":"Still no work about the fundraising gift for investors. Won't buy anymore of your product if this is how you treat fundraisers.","author_name":"Ed P","votes":0,"created_at":"2026-02-20T17:43:36Z","canonical_url":"https://wefunder.com/got.bag#question-325867","answers":[]},{"id":297808,"entity_id":"wefunder:comment:297808","question":"What kind of stocks will be offered as future equity","author_name":"Juan Jackson","votes":0,"created_at":"2024-12-10T20:35:46Z","canonical_url":"https://wefunder.com/got.bag#question-297808","answers":[]},{"id":297807,"entity_id":"wefunder:comment:297807","question":"What kind of stocks will be offered as future equity","author_name":"Juan Jackson","votes":0,"created_at":"2024-12-10T20:35:40Z","canonical_url":"https://wefunder.com/got.bag#question-297807","answers":[]},{"id":297805,"entity_id":"wefunder:comment:297805","question":"What kind of stocks will be offered as future equity","author_name":"Juan Jackson","votes":0,"created_at":"2024-12-10T20:35:29Z","canonical_url":"https://wefunder.com/got.bag#question-297805","answers":[]},{"id":297804,"entity_id":"wefunder:comment:297804","question":"What kind of stocks will be offered as future equity","author_name":"Juan Jackson","votes":0,"created_at":"2024-12-10T20:35:19Z","canonical_url":"https://wefunder.com/got.bag#question-297804","answers":[]}],"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..."}]}}}