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Thomas & Wynter isn't accepting new investments

Thomas & Wynter’s deadline was September 27, 2022

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Thomas & Wynter

Where fashion meets short term carry
Women Founders Black Founders B2C Fashion
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$66,055
Raised
146
Investors
Successfully funded and closed on September 27, 2022.
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Closed on September 27, 2022. Information may not be up-to-date. Campaign closed on September 27, 2022. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Thomas&Wynter R&D, L.L.C.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Thomas & Wynter Crowd SAFE Thomas and Wynter Form C.pdf
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Hear from some of the 146 people reserved or invested in Thomas & Wynter


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Highlights


  • Launched in 2018, offering 2-compartment, dual-insulated lunch totes
  • Led by black female CEO with a mechanical engineering background
  • Saw a 156% increase in total sales from 2020 to 2021
  • Tapping into a $4.25B lunchbox industry
  • Expanded product line into short term travel in 2022
  • Featured in British GQ, USA Today, Reader's Digest and Forbes
  • Recipient of the 2020 Grow with Google Small Business Award

Problem


Americans consume 100B plastic bags a year

We use plastic for many things. Prior to the pandemic, 85% of professionals carried their lunch to work. Now, we are carrying food items everywhere.

We have lunchboxes but options are few. Many of the lunchbox options on the market are nice, but lack style and usability. What if you want to take hot AND cold items with you? Who wants to deal with your cold items sweating on your warm items?

Solution


T | W Tote

A luxury brand with insulated bags,
designed for folks on the go!

Our insulated totes are designed to keep your food warm or cold while on the go, whether you are a man, woman or non-binary person. 


Each vegan leather tote is designed to carry with food or beverages and even medication at a chilled temperature with pockets for personal essentials, and more!

Product


Where fashion meets short term carry

Each tote is made from vegan leather and is hand sewn to perfection. Weighing only 1.7 lbs., our tote has reinforced dual handles for solid grip with removable shoulder straps that adjusts from 35" to 58" for a hands-free carrying experience.


With our totes, there's so much to love:

  • 10.0"h x 9.4"w x 6.5"d is designed for maximum storage
    • Top compartment: 5"h x 9"w x 6.5"d
    • Bottom compartment: 5"h x 7.5w x 6.5"d
  • Internal zippered pocket: ideal for keeping non-food items 
  • External zippered pocket: perfect for easy access 

Traction


Sales in 2021 were 156% over 2020

We are small but mighty! Since our launch in December 2018, we have continued to see 2x - 3x growth in sales, year to year.  We also have over 50 blog and national television features.

Lastly, we were the recipient of the 2020 Grow with Google Small Business award.

Customers


We serve professionals

Our customers are professionals with unique needs. But professionals are all encompassing! Some professionals are parents, spouses, wine connoisseurs and/or chronic illness patients. All of them have found great use for our products.  We continue to maintain a 5 star rating on Google and on our store.

Our customers bring authenticity and realism to our products. They use our totes as a diaper bag, a means to transport medication, a cigar tote and even purchase for their younger loved ones. We do not limit our tote usage and our customers love us for that.

We have also expanded into the corporate gifting space. Our clients are schools, tech companies and law firms, alike. Below are just a few.

Business model


Scaling online and via various distribution channels

T|W Tote sells cross three main channels:

  • Direct to consumer on twtote.com
  • Wholesale
  • e-commerce distribution

T|W Tote has amassed over 1000 unique customers and over 2400 totes sold. We are poised to become a household name in the short term travel market. 70% of our sales are from our direct to consumer web presence. We are developing traction on e-commerce distribution channels such as Etsy and continue to make our stamp in the corporate gifting arena with partnerships like Snappy. 

We've developed and are executing a growth strategy to expand our scope of distribution, increase overall revenue, and improve overall margins to 65%.

Market


Targeting the $24.4B luggage and bag industries

Our target industries boast of $24.4 billion in revenue, annually, worldwide. While COVID-19 slowed down international and long-term travel, many individuals tapped into their creativity, redefining what it means to travel. Whether it be 1 day or weekend trips, our target audiences are all forms of transit: train, automobile and are slowly getting back into aircraft travel. 

Many of our patrons were once patrons who contributed to the over-usage of plastic and of other brands are elated to make the transition to T|W Tote. They are pivotal in new client acquisition and retention numbers. Of this $24.4B market (TAM), we see the Serviceable market size (SAM) to be $5.7B. 

Competition


We leave our competitors in the dust

We have identified 3 competitors and realize that we are in a league of our own. T|W Tote is a black-owned company who lives at the intersection of luxury and sustainability. We stand out among the rest.

Vision and strategy


Become a force to be reckoned with

To date, we have bootstrapped our company with capital infusion from our founders and the support of our community. With new capital investment, T|W Tote immediate goal is to continue to penetrate the lunchbox market with our flagship product while partnering with a national distributor to scale into key markets. This will require a larger team to manage relationships.

Below is an image of our newest product, T|W Weekender. Launched in January 2022, this duffle bag is ideal for 1-2 day travel. This is our first test in the short term carry market.

On the strength of our products, drive and intentional planning and execution, we believe we can take T|W to new heights.

Funding


T|W Tote has been funded by its founders and a small CDFI loan. The funds from this investment will go towards our inventory, research and development and expanding our team with key personnel hires.

Founders


Sherika Wynter

Co-Founder & CEO


Sherika Wynter is a consultant and entrepreneur with vast experience in product development, vendor management, and business development. She has more than 13 years in product and project management. Sherika's background is in mechanical engineering and industrial design from Rensselaer Polytechnic Institute and University of the Arts, respectively.


Shallon Thomas

Co-Founder & COO


Shallon Thomas holds an MBA from Washington Adventist University and a Lean Six Sigma practitioner. His career began as a quality engineer in the military defense industry and later served as a consultant for the US patent office.

Deal terms


Valuation cap

$3,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Minimum investment

$100

The smallest investment amount that Thomas & Wynter is accepting.
Learn more

Maximum investment

$250,000

The largest investment amount that Thomas & Wynter is accepting.
Learn more

Funding goal

$1.07M

Thomas & Wynter must achieve its minimum goal of $25K before the deadline. The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Thomas & Wynter needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

Nominee Lead

Chief Executive Officer of the Company (currently Sherika Wynter)

Will direct the Nominee on certain matters like voting, amendments and conversions affecting the security.
Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Thomas&Wynter R&D, L.L.C.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Thomas & Wynter Crowd SAFE Thomas and Wynter Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Thomas & Wynter.
81 investors
Invest
$150
Receive
  • (1) T|W lunch tote of your choice
  • Limited (119 left of 200)
21 investors
Invest
$500
Receive
  • (1) T|W Weekender
  • Limited (79 left of 100)
Invest
$1,000
Receive
  • Monogramed Tote + Weekender + Water Bottle
Invest
$5,000
Receive
  • 30% off our store for 1 year
Invest
$10,000
Receive
  • Become a part of an exclusive group that receives all products, personalized, prior to official launch
Invest
$20,000
Receive
  • Lifetime discount (must be purchased by name listed)
Invest
$50,000
Receive
  • Investor, only duffle bag (color or dated founder name monogram)
  • Invitation to Annual Investor Meeting
Invest
$100,000
Receive
  • Invitation to personal dinner with Founders
  • Special invitation to events

About Thomas & Wynter

Legal Name
Thomas&Wynter R&D, L.L.C.
Founded
Jun 2014
Form
Maryland LLC
Employees
0
Website
twtote.com
Social Media
Headquarters
Google Map location of of Thomas & Wynter
5016 69th Avenue , Riverdale Park, MD
Headquarters
5016 69th Avenue, Riverdale Park, MD, United States 20737

Thomas & Wynter Team
Everyone helping build Thomas & Wynter, not limited to employees

Profile picture of Sherika Wynter
Sherika Wynter
CoFounder & CEO
Profile picture of Shallon  Thomas
Shallon Thomas
CoFounder & COO
Profile picture of Jonathan Del Gatto
Jonathan Del Gatto
Social Media Strategist
Profile picture of Abigail  McPherson
Abigail McPherson
Media Developer
Profile picture of Colville Heskey
Colville Heskey
Creative Lead
Profile picture of Crystal  Del Gatto
Crystal Del Gatto
Content Strategist
5 more team members
Sherika Wynter
CoFounder & CEO
Shallon Thomas
CoFounder & COO
Jonathan Del Gatto
Social Media Strategist
Abigail McPherson
Media Developer
Colville Heskey
Creative Lead
Crystal Del Gatto
Content Strategist

Press

10 great gift ideas for the guys on your list
FOX 4 News Dallas-Fort Worth
·
Apr 5, 2022

Great gifts for guys? Yeah, we got 'em!

20 Gifts from Black-Owned Businesses We Really Want
Reader's Digest
·
Oct 19, 2021

Every editorial product is independently selected, though we may be compensated or receive an affiliate commission if you...

7 Gifts You'll Want to Keep For Yourself
Esquire
·
Dec 12, 2020

The smartest way to shop for presents: one for them, one for you.

25 Gifts for the Vegan Beauty & Fashion Lover
VegNews.com
·
Nov 11, 2020

We could all use something to look forward to as we wrap up this tumultuous year, so why not start the holiday season ear...

10 Unique Gifts Everyone On Your Holiday List Wants This ...
International Business Times
·
Nov 29, 2019

Holiday shopping can be tricky, but with this list, it doesn't have to be. Instead of thinking about what each person you...

Google Economic Impact | state detail: Maryland - Google
Google

of economic activity In 2020, Google helped provide $5.62 billion of economic activity for 39,800 Maryland businesses, pu...

Black Women Were Among The Fastest-Growing Entrepreneurs-...
Forbes

Sherika Wynter was on a roll. Since releasing an insulated luxury tote bag for professionals in 2018, and subsequently se...

Show all
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Thomas & Wynter

Thomas & Wynter successfully raised $66,055 from 146 investors on September 27, 2022
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Mark, Bernard, Benjamin, Amy, Carson, and 141 others invested. 21 Reviews
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