ADV3NTURE

Innovative Outdoor Apparel

ADV3NTURE

Innovative Outdoor Apparel

Seattle, WA
Fashion & Apparel
Adv3nture is a premium, lifestyle apparel brand that produces innovative, outdoor apparel for travelers and outdoor enthusiasts. We believe that living life to the fullest means exploring the world around us, which is why we make apparel and accessories to enhance those experiences. We also believe that life should be lived in balance with nature, which is why our goal is to be carbon neutral and produce products that are environmentally sustainable. We plant three trees with every product sold, use no animal products in anything that we make, and work with like-minded manufacturing partners who prioritize environmental sustainability. Conde Nast Traveler called the Adv3nture Hoodie “The only travel clothing you’ll ever need,” Lonely Planet called our products “The perfect accessory for busy travelers,” while Forbes acknowledged that our "multifunctional hoodie made history last week by becoming the most funded [fashion] campaign on Kickstarter ever.”

$146,829

raised
$539,050
previously crowdfunded
194
Investors
$18.8M
Valuation
$4.00
Price per Share
$200.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$535K
Offering Max
Reg CF
Offering

$146,829

raised
$539,050
previously crowdfunded
194
Investors
$18.8M
Valuation
$4.00
Price per Share
$200.00
Min. Investment
Common
Shares Offered
Equity
Offering Type
$535K
Offering Max
Reg CF
Offering

Rewards

Get rewarded for investing more into ADV3NTURE:

$200+
Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.
$500+
Investment
Investment Level $500
Store Credit $50
$1,000+
Investment
Investment Level $1,000
- Store Credit $100 - Store Discount (5%, 1 year)
$2,500+
Investment
Investment Level $2,500
- Store Credit $250 - Store Discount (10%, 1 year) - 5% Bonus Shares
$5,000+
Investment
Investment Level $5,000
Store Credit $500 - Store Discount (15%, 1 year) - 10% Bonus Shares - Drinks with CEO & Founder (in Seattle, LA, NYC or Miami)
$10,000+
Investment
Investment Level $10,000
- Store Credit $1,000 - Store Discount (20%, 1 year) -15% Bonus Shares - Dinner & Drinks with CEO & Founder
$25,000+
Investment
Investment Level $25,000
- Store Credit $2,500 - Store Discount (25%, 1 year) - Dinner & Drinks with CEO & Founder - 20% Bonus Shares
$50,000+
Investment
Investment Level $50,000
- Store Credit $5,000 - Store Discount (30%, 1 year) - Private Dinner & Drinks and stand-up comedy performance with CEO & Founder (will travel to you) - 25% Bonus shares

Reasons to Invest

Increased Revenue: In 2020, our sales greatly increased, with a rise in our revenue 700% over 2019.
Crowdfunding Success: ADV3NTURE has raised over $4.3M through crowdfunding, with the most successful fashion Kickstarter of all time, and a previous Reg CF which raised $539,123.
Green Initiatives: We are serious about our green initiatives, like our three tree program, our recycled water bottle products, our animal-free products, and goals of environmental sustainability and carbon neutral manufacturing and fulfillment.




Adv3nture founder, Zane Lamprey, traversed the globe hosting shows for Travel Channel, Food Network and National Geographic Channel. While traveling to over 70 countries, he struggled to find apparel that was designed with the traveler in mind, offering stylish options that packed easily, could adapt to changing conditions, and were comfortable during countless hours on planes. He was astounded to find that there was no company that appealed to the millions of people who travel every day.

 

In 2016, Zane created Adv3nture to fix this problem. He founded Adv3nture to make apparel and accessories for travelers, everyday explorers and livers of life, while adhering to his environmental standards. Whether traveling around the world or taking a trip across town, Adv3nture products have the versatility, materials and innovations to get you there comfortably, and in style.


Adv3nture started in 2016 when Zane launched his first Adv3nture product, the Adv3nture Hoodie, which became the most successful fashion Kickstarter campaign ever. The Adv3nture Hoodie raised over $2M through crowdfunding (Kickstarter, Indiegogo and Backerkit). In all, Adv3nture has raised over $4.3 through crowdfunding, providing social proof that there was an unexplored travel niche in the outdoor apparel industry. 


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Five years later, Adv3nture continues to push the boundaries of innovation for premium apparel and accessories made for travelers who are eager to purchase eco-friendly products. Whether it’s a trip around the world or a cross-town commute, Adv3nture apparel and accessories have features and innovations for people on the move, while providing peace of mind with eco-friendly offerings, like our Cascades Jacket, which is made from 100% recycled water bottles.


While our products are made with extreme attention to detail, our goal is to manufacture our lineup from entirely environmentally sustainable material, while maintaining a negative carbon footprint and positive impact on the world around us. This comes from planting three trees, using no animal product in anything that we make, and utilizing recycled materials whenever possible. We have also begun the process of moving to entirely eco-friendly packaging, reducing plastic and non-recyclable materials. This includes mailers (shipping bags and boxes), labels, and hang tags. 





We have three missions by which we run our business, create our products, and interact with our customers.



Product Mission


We make meaningful products that inspire meaningful lives. We are on a constant journey of improvement, and are consistently looking for ways to make innovative products that make aspects of your life easier, better and more comfortable.


Social Mission

We are committed to encouraging personal growth through exploration and adventure. As a well-traveled group, we understand that there is a positive impact when one goes outside their comfort zone. We believe that living life to the fullest means taking an active role in it as a participant, not just an observer.



Ethical Mission


To take an active role in how our products are made, and the impact they have on the world around us. We are able to closely monitor our production so that we may better maintain our environmental standards.






The “3” in Adv3nture represents the three trees we plant with every purchase. These trees are planted in a partnership with Green Forests Work, a non-profit organization reforesting areas of the Appalachian region that were left derelect from stripmining.





Adv3nture makes premium products that are innovative, packed with features, and that enhance the travel experience. We partner with top manufacturers to create high-end products that are as durable and well-made as they are comfortable and stylish. We are constantly pushing ourselves to be at the forefront of innovation with regards to design and materials. 


Cascades Jacket

 

via GIPHY


Launching in winter 2021, our Cascades Jacket is made from recycled water bottles. An average of 36 water bottles go into each jacket, keeping them from ending up in the environment. This naturally waterproof fabric is able to be produced with sealed seams (protected even the minute needle holes from leaking), and maintaining a waterproof rating of 5,000mm. Additionally, the Cascades Jacket has strategically positioned pockets for weight distribution, it zips-and-snaps into our inner layers (our Voyageurs Hoodie and Badlands Fleece), and converts into a comfortable pillow while traveling.


 

Adv3nture Backpack 

Our revolutionary Adv3nture Backpack has two built-in coolers, which hold up to fourteen 12oz cans, along with a bevvy of pockets and features that are essential while traveling. When arriving at the hotel, the small pack quickly unzips and unclips from the BIG PACK, so bulky items and valuables can be left safely behind, while the small pack, one of the lightest backpacks on the market, can be taken to explore the city.

The Adv3nture Pack has everything you would expect in a premium backpack, like laptop sleeves, water bottle holders, and a hard-shell sunglasses holder. But, with over 32 features and innovations, like built-in coolers and a secret passport pocket, this backpack provides uniquely convenient options for world travel as well as your daily commute.


 

Expedition Flannel

Made from 100% cotton, the Expedition Flannel is made to be a classic go-to shirt. This flannel is comfortable, stylish and durable, with the unique feature of being able to be rolled into a travel pillow, allowing for more efficient packing.




Adv3nture is positioned to be a major player in the travel sector of the outdoor apparel marketplace. With competitive apps providing cost cutting travel options, and social media effectively rewarding people for posting about their adventures while traveling, the travel industry is growing faster than ever. While Adv3nture apparel is stylish and comfortable for everyday wear, we skew more on the travel niche, to further establish our presence in a booming marketplace.


Outdoor and travel apparel continues to grow rapidly, surpassing $12B in sales in 2020. This marketplace expects growth of at least $3.9B over the next three years (Source). Adv3nture is uniquely positioned to be a player in the virtually unexplored travel sector of the outdoor apparel industry, with an eco-friendly focus. 


  • Adv3nture is positioned in a growing industry. 88% of Americans say travel is “extremely” or “very” important to their lives (2021/www.fiftygrande.com). 69% of U.S. travelers say sustainable travel is important to them, and 53% said they were more determined to make sustainable choices when looking to travel again in the future. (March 2020 booking.com)
  • We believe that sustainable manufacturing is the future, and we are proud to already make that a priority. The sustainable fashion market is expected to grow to $9.81 billion in 2025 and $15.17 billion in 2030. Adv3nture is already uniquely positioned to be a disrupter in the marketplace by 2022, and has already been a leader in ethical manufacturing since 2015. (Ethical Fashion Market Global Report)
  • The outdoor apparel marketplace is expected to continue to grow. Already seeing $12b in revenue in 2020, The outdoor apparel market for the period of 2021-2031 is expected to rise 5% year over year, with rising participation in outdoor activities and travel as a key factor, propelling demand in the marketplace. (Transparency)



Adv3nture plans to launch a product line in advance of every season, providing lasting options, as opposed to “fast fashion” where products are out of style in a few years. While we have focused primarily on cold weather items in the past,we will begin to offer warm weather options beginning in spring of 2022. Our spring line is expected to introduce a line of breathable apparel, with moisture-wicking properties for warm-weather traveling and exploring.


In fall of 2022, we expect to introduce a line of comfortable everyday apparel, which are just as home on the plane, as they are on a night on the town. Travel apparel should be able to adapt to any environment, both weather-related and socially. Our goal is to constantly improve our product line, because innovation never rests.



For the winter 2022 season, we plan on offering a full-line of 3-in-1 products, where the cozy inner-layers zip and snap into the weather-busting outer layers, giving travelers flexibility to easily adapt to changing weather conditions, while being able to pack less in their suitcase.



Since our inception, we have launched our new products on Kickstarter and other crowdfunding platforms. It has always been the plan to transition away from crowdfunding our products, and instead offer backers the opportunity to invest in the company that they’re helping to build. In the past few years, we have put more resources into growing the brand than in our crowdfunding campaigns.



The majority of future revenues are expected to be achieved through on-line sales, while there is the expectation that significant revenue will come from in-person sales at our brick-and-mortar locations. The physical locations, also serving as retail showrooms where customers can experience and purchase our products in person, will primarily serve as fulfillment centers for our on-line sales. The expectation is that in-person sales generate the revenue necessary for overhead, while these strategic locations will reduce the shipping fees, storage fees, and shipping times that were experienced with our formal 3PL fulfillment partners.


Based on the success already seen from our Seattle location, Adv3nture plans to open showrooms/fulfillment centers in strategic cities across the country with the intention of shortening shipping times, creating a place for consumers to experience our products, greatly reducing our carbon footprint.


 

 


Adv3nture is a growing brand in the unexploited travel niche of the outdoor apparel industry. Our extremely successful crowding funding campaigns, and increasing year-over-year sales, offer social proof that Adv3nture is positioned in a marketplace that has high potential. Our veteran leadership, exposure for the brand from our founder and CEO, and industry accolades give us the confidence that we are properly positioned for expansion. Invest in Adv3nture because you appreciate the direction that we are heading and want to be part of our ground-breaking brand. You can be proud to invest in Adv3nture because of our strong product lines, but also because of our passion and dedication to our community, the environment, and the world we live in. 




Offering Summary


Company

:

ADV3NTURE, INC.

Corporate Address

:

6003 Phinney Ave N, Seattle, WA 98103

Offering Minimum

:

$10,000.00

Offering Maximum

:

$535,000.00

Minimum Investment Amount

(per investor)

:

$200.00











Terms


Offering Type

:

Equity

Security Name

:

Class B Common Stock

Minimum Number of Shares Offered

:

2,500

Maximum Number of Shares Offered

:

133,750

Price per Share

:

$4.00

Pre-Money Valuation

:

$18,779,248.00











*Maximum Number of Shares Offered subject to adjustment for bonus shares. See Bonus info below.

Investment Incentives and Bonuses*

Time-Based

Friends & Family

Invest in the first 7 days and receive an additional 25% bonus shares.

Super Early Bird

Invest in the following 7 days and receive an additional 20% bonus shares.

Early Bird

Invest in the following 7 days and receive an additional 15% bonus shares.

Amount-Based

Investment Level $500
- Store Credit $50
- Store Discount (n/a)

Investment Level $1,000
- Store Credit $100
- Store Discount (5%, 1 year)

Investment Level $2,500
- Store Credit $250
- Store Discount (10%, 1 year)

- 5% Bonus Shares

Investment Level $5,000
- Store Credit $500
- Store Discount (15%, 1 year)

- 10% Bonus Shares

- Drinks with CEO & Founder (in Seattle, LA, NYC or Miami)

Investment Level $10,000
- Store Credit $1,000
- Store Discount (20%, 1 year)

-15% Bonus Shares
- Dinner & Drinks with CEO & Founder

Investment Level $25,000
- Store Credit $2,500
- Store Discount (25%, 1 year)
- Dinner & Drinks with CEO & Founder

- 20% Bonus Shares

Investment Level $50,000
- Store Credit $5,000
- Store Discount (30%, 1 year)
- Private Dinner & Drinks and stand-up comedy performance with CEO & Founder (will travel to you)

- 25% Bonus shares

*All perks occur when the offering is completed.

The 10% StartEngine Owners' Bonus

Adv3nture, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Class B Common Stock at $4.00/ share, you will receive 110 shares of Class B Common Stock, meaning you'll own 110 shares for $400. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

Irregular Use of Proceeds

The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$794,133.00 USD
$594,802.00 USD
Cash And Cash Equivalents
$76.00 USD
$6,296.00 USD
Accounts Receivable
$48,148.00 USD
$46,747.00 USD
Short Term Debt
$206,456.00 USD
$183,551.00 USD
Long Term Debt
$0.00 USD
$0.00 USD
Revenues And Sales
$1,020,703.00 USD
$138,089.00 USD
Costs Of Goods Sold
$512,953.00 USD
$345,289.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
$102,122.00 USD
-$305,451.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

A great start!

3 days ago

We’re excited to announce that our campaign is off to a fantastic start. We’ve already raised $145K from 192 investors. Thank you to our new investors, and our previous investors who have joined us on our Adv3nture!

Cheers!

The Adv3nture Team

Show More Updates End of Updates

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