BeoFior

Early Stage

Vegan, plant-powered and CLEAN skincare enhanced with CBD/CBG/CBDA

Analytics

Raised to Date: Raised: $49,750

Aggregate Commitments $

Platform

Republic

Start Date

04/19/2022

Close Date

06/30/2022

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$150

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$6,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

05/26/2022

Days Remaining

35

% of Min. Goal

199%

% of Max. Goal

5%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,345

Momentum
cold.svg
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Location

New Orleans, Louisiana

Industry

Beauty & Personal Care

Tech Sector

Retailtech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$208,947

$0

COGS

$49,045

$0

Tax

$10

$0

 

 

Net Income

$-489,976

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$55,788

$311,132

Accounts Receivable

$0

$0

Total Assets

$279,840

$411,464

Short-Term Debt

$308,353

$0

Long-Term Debt

$0

$0

Total Liabilities

$308,353

$0

Financials as of: 04/19/2022
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BeoFior on Republic 2022
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Platform: Republic
Security Type: SAFE
Valuation: $6,000,000

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