Bless Thy Skin
Beauty Products
Overview
Raised: $25,550
Total Commitments ($USD)
Platform
Honeycomb
Start Date
03/07/2023
Close Date
04/19/2023
Min. Goal
$25,000
Max. Goal
$50,000
Min. Investment
$100
Security Type
Debt
Series
Pre-Seed
SEC Filing Type
RegCF
Interest Rate
12.50%
Term Length
5.0 years
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/29/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$594
# of Investors
16
Momentum
Funded
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Year Founded
2020
Industry
Beauty & Personal Care
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
High
Capital Intensity
High
Bless Thy Skin is raising funds on Honeycomb. The business is based in Riverview, Florida, and specializes in skincare products and treatments. The all-inclusive beauty and wellness brand offers non-toxic and effective skincare and addresses various skin concerns. Bless Thy Skin has had a successful 2022 and plans to grow in 2023 by expanding to a new brick-and-mortar location. Sirrita Rubiano and Jayda Clayton founded Bless Thy Skin in November 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used for opening a new brick-and-mortar location, marketing, staffing, equipment, inventory, and working capital.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$16,818 |
$1,913 |
|
COGS |
$788 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$4,520 |
$-899 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$62 |
$921 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$3,674 |
$-1,421 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 03/07/2023
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