A Boring Life
[Closed for Investment] A Boring Life, with a valuation cap of $3.5 million, is raising crowdfunding on Republic. The company manufactures and sells high-quality CBD snacks to promote wellness and alleviate anxiety. The products of A Boring Life are carefully curated and made from natural ingredients. A Boring Life’s family of products includes nuts and honey, and will soon add pet products. The company was founded by Jen Johnson and Serafina Palandech in August 2018 and raised $107,000 in its previous round of crowdfunding. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $438,000, and the proceeds will be used towards operations, sales and marketing, research and development, and general and administrative expenses. A Boring Life has retail partners all across the country and expects to scale, with a projected profit of $4 million by 2021.
Investment Overview
Raised: $111,173
Deal Terms
Company & Team
Company
- Year Founded
- 2019
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $26,014
- Monthly Burn
- $24,926
-
Runway
- 2.8 months
- Gross Margin
- 29%
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Company Funding & Growth
Funding history
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.