Summersalt
St. Louis, US · Founded 2017 · 7 known investors
Summersalt is a direct-to-consumer apparel brand selling swimwear and related clothing to consumers online.
Founders & leadership
Summersalt was founded in 2017 by Lori Coulter and Reshma Chattaram Chamberlin.
LC
Lori CoulterCo-founder
RC
Reshma Chattaram ChamberlinCo-founder
Investors · 7
Bread And Butter Ventures, LlcMinneapolis · $100K – $250K
Dundee Venture CapitalPittsburgh · $500K – $3M
Lewis & Clark VenturesSt. Louis · $2M – $3M
Mercato PartnersCottonwood Heights
Cultivation CapitalreportedSt. Louis · $100K – $3.5M
Rise of the Rest SeedreportedWashington
Visible VenturesreportedHingham · $1M
Reported raises · per SEC filings
Form D private placements$19.3M disclosed across 3 rounds · 2017–2019
▶$17.4MraisedJan 2020 · 14 investors · RetailingRule 506(b)
▶$17.4MraisedJan 2020 · 14 investors · Retailing
Rule 506(b)Officers, directors & promoters on the filing
- Lori CoulterExecutive Officer, Director
- Reshma Chattaram ChamberlinExecutive Officer, Director
- Joe KaiserDirector
- Mark HasebroockDirector
- Offering amount
- $17.4M
- Amount sold
- $17.4M
- First sale
- Dec 2019
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$1.6MraisedMar 2018 · 9 investors · RetailingRule 506(b)
▶$1.6MraisedMar 2018 · 9 investors · Retailing
Rule 506(b)Officers, directors & promoters on the filing
- Reshma Chattaram ChamberlinExecutive Officer, Director
- Lori CoulterExecutive Officer, Director
- Offering amount
- $1.6M
- Amount sold
- $1.6M
- First sale
- Mar 2018
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$250KraisedJan 2018 · 2 investors · RetailingRule 506(b)
▶$250KraisedJan 2018 · 2 investors · Retailing
Rule 506(b)Officers, directors & promoters on the filing
- Lori CoulterExecutive Officer, Director
- Reshma Chattaram ChamberlinExecutive Officer, Director
- Offering amount
- $900K
- Amount sold
- $250K
- First sale
- Dec 2017
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does Summersalt do?
- Summersalt is a direct-to-consumer apparel brand selling swimwear and related clothing to consumers online.
- Who founded Summersalt?
- Summersalt was founded by Lori Coulter, Reshma Chattaram Chamberlin in 2017.
- Who are Summersalt's investors?
- Summersalt's investors include Bread And Butter Ventures, Llc, Dundee Venture Capital, Lewis & Clark Ventures, Mercato Partners, Cultivation Capital, Rise of the Rest Seed, Visible Ventures.
- How much funding has Summersalt raised?
- Summersalt has disclosed $19.3M raised across 3 rounds.
- Where is Summersalt headquartered?
- Summersalt is headquartered in St. Louis, US.