Building On Success: A Message to Our First Crowdfunding Investors on Our Second Investment Round
Published 1 day ago

Dear Coils to Locs Investor:
Your Impact So Far
Thanks to your belief in our vision, we've achieved remarkable progress. Your early investment helped us raise $79K of our original $250K goal and supported our ability to place our premium fiber textured wigs in 27 hospitals across the United States while building a growing direct-to-consumer business. You saw what the market now confirms: Black women experiencing medical hair loss deserve better options.
The Opportunity Ahead
We've launched our second investment round on March 11th to accelerate this proven success. With demonstrated demand from both medical institutions and individual consumers, we're ready to scale what's working.
This isn't about starting over—it's about capturing the blue ocean market we've now validated together. And we’d like to reach our first-round goal of $250K to support our ability to reach our target market during this second round.
Why This Matters
Beyond the compelling business case (our position in the multi-billion-dollar wig industry), your continued investment helps address a critical funding gap: less than 1% of venture capital goes to Black female founders despite businesses like ours showing clear market traction.
For First-Round Investors
As someone who supported us early, we're offering you the option of adding to your investment during this round which you can learn more about on this platform at CoisltoLocs.com/Fund. Your second investment will directly enhance the value of your initial contribution by enabling us to expand production and reach more of our proven market. Or, please share the mission of Coils to Locs and our crowdfunding campaign with friends and family: CoilstoLocs.com/Fund.
Next Steps
Over the next several weeks, we’ll be sharing information about our campaign, including various industry metrics and educational information. If you have any questions, please reach out to Pamela and I at: cofounders@coilstolocs.com.
Thank you for being part of our journey to transform the medical hair loss experience.
Warmly,
Dianne and Pamela, Cofounders, Coils to Locs
Cofounders@coilstolocs.com
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Hospital Feedback
"Oh em ghee! We love them!! I absolutely cannot wait for people to see them and get them on some beautiful women. We will be ordering again soon. Thank you!”
Tonya Beam, Coordinator
Radiance Boutique, Winship Cancer Institute, Emory Hospital Midtown Atlanta
October, 2024
