Slumber Bump
Early Stage
An affordable, simple and effective product which allow our patients to sleep comfortably
Overview
Raised: $0
Total Commitments ($USD)
Platform
Mr. Crowd
Start Date
09/30/2019
Close Date
05/01/2020
Min. Goal
$50,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$100.00
Pre-Money Valuation
$5,000,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
05/02/2020
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2013
Industry
Healthcare & Pharmaceuticals
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Slumber Bump, with a $5 million pre-money valuation, is raising funds on Mr Crowd. The company has created a product, slumberBUMP, that assists in sleep positioning and works as an alternative therapy for snoring and sleep-disordered breathing. It helps people who snore to sleep on their side rather than their back to control snoring. Slumber Bump was founded by Dr Shad L. Morris in May 2013. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $1,070,000, and the funds will be used towards increased production of slumberBUMP, marketing, hiring, research & development, and working capital. The product has helped many patients to be happier, more energetic, better drivers, and function better at work.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$199,139 |
$145,481 |
|
COGS |
$22,013 |
$64,887 |
|
Tax |
$4,243 |
$1,643 |
| ||
| ||
|
Net Income |
$-10,083 |
$-22,924 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$3,784 |
$10,209 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$7,769 |
$13,809 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 09/30/2019
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