BeoFior
About this raise
BeoFior, with a valuation of $6 million, is raising funds on Republic. The company makes 100% vegan, plant-powered, and cruelty-free skincare. The products of BeoFior are also enhanced with cannabinoid infusions, including CBD, CBG, and CBDA. BeoFior has been featured in VOGUE and Amazon Indie Beauty and has generated $316,000 in revenue to date. Kevin Boyer and Kevin Fortuna founded BeoFior in August 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for new product development, UGC expansion, category expansion, educational enhancements, and affiliate partnerships.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 04/19/2022
- Close Date
- 07/23/2022
$25,000
$1,070,000
$150
SAFE
Seed
RegCF
$6,000,000
0%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Beauty & Personal Care
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
-
Revenue
- $208,947
- Monthly Burn
- $40,831
-
Runway
- 1.4 months
- Gross Margin
- 77%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $525,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/23/2022 | Republic | $6,000,000 | $0 | SAFE | Not Funded | RegCF |