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are your sales estimates this year?","answer":"$350k - part of this raise is to fund additional inventory and production of some new designs"},{"question":"How many have you sold so far?","answer":"We sold about 200 tents last year, but much of our past difficulties were with funding and keeping things in stock."},{"question":"What are your gross margin's? Trying to figure out what your cost and pricing is like to determine long-term profitability.","answer":"currently we average 50%, but once funding is raised, we can get that quickly to 60% with order quantity discounts from the factory"},{"question":"Hi, I have a few more questions. 1.) I see that back in 2011 there are articles where articles (east bay times) quoting the company discussing making sleeping bags. It seems like maybe there was an issue where growth was expected faster than it happened...given we're in 2016. ...","answer":"When SlingFin first started, the plan was to raise $3.0-$3.5M and get into equipment and soft good categories (similar to the start of Mountain Hardwear). We worked on a lot of different designs, including sleeping bags and down apparel. Unfortunately, we were unable to find the right financial partners who shared our vision and decided it best to bootstrap with the support of family and friends. This meant a primary focus on tents, specifically expedition tents only for the first few years a..."},{"question":"SlingFin looks to have what it takes to make the growth real. But with the backing of many MH alums and industry experts why not self-fund this from within? MH sold for 36M someone should be able to front capital, so why crowdfund?","answer":"The beauty of crowdfunding is that every investor is also a supporter and brand evangelist. Not sure if there's a better form of smart money."}],"recent_posts":[{"id":125244,"entity_id":"wefunder:feed_item:125244","title":"Been busy - which is good!","preview":"Hey Wefunder supporters!Sorry for the delay since the last update, but we've just been super busy with the launch of some new products as well as a steady growth in sales.Our sales have grown each year and this year, particularly this summer, we've seen an even bigger jump due to the launch of our latest products the Portal 2 and the SplitWing.The Portal 2 is a lightweight freestanding\u0026nbsp;backpacking tent at under 3 lbs. It hits the meat of the 2person tent market and is by far the stronges...","published_at":"2019-09-03T20:03:45Z","canonical_url":"https://wefunder.com/feed/125244"},{"id":91093,"entity_id":"wefunder:feed_item:91093","title":"Honey Badger backpack on Kickstarter","preview":"With the help of our Wefunder investors, we were able to push forward on our backpack development and it is now live on Kickstarter!\u0026nbsp;It's unlike any other pack out there.\u0026nbsp;https://www.kickstarter.com/projects/slingfin/slingfin-honey-badger-backpack-bicycle-pannierFeel free to contact us if you have any questions or comments. We'd love to hear what you think.","published_at":"2017-10-26T01:21:50Z","canonical_url":"https://wefunder.com/feed/91093"},{"id":90476,"entity_id":"wefunder:feed_item:90476","title":"Wefunder Visits Slingfin, maker of the only tent that’s survived atop Mount Everest","preview":"Martin and Rich are typical outdoor geeks. Every time I see them, they greet with the most Californian-chill smiles and ask if I want to join them on their next rafting trip. Inside their cozy studio, they’re usually tinkering around in bright Patagonia shorts and suntanned toes peeping out of their well-worn leather sandals. When you walk into\u0026nbsp;Slingfin’s HQ, you quickly realize that the fabrics and tools in their studio have been around as long as Martin’s been making gear since high sc...","published_at":"2017-07-04T23:03:13Z","canonical_url":"https://wefunder.com/feed/90476"},{"id":90225,"entity_id":"wefunder:feed_item:90225","title":"COO","preview":"COO","published_at":"2017-04-28T19:18:22Z","canonical_url":"https://wefunder.com/feed/90225"}],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-24T17:49:29Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-24T05:00:04Z","as_of":"2026-06-24T17:49:29Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-24T05:00:04Z","as_of":"2026-06-24T17:49:29Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-24T17:49:29Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-24T17:49:29Z","confidence":"medium"}}}}}}