Bloomi

Early Stage

The first intimate-care marketplace that empowers womxn

Analytics

Raised to Date: Raised: $174,484

Aggregate Commitments $

Platform

Republic

Start Date

08/27/2020

Close Date

01/15/2021

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$6,000,000

Discount Rate

15%

Rolling Commitments $

Status
Funded
Reporting Date

01/31/2021

Days Remaining
Funded
% of Min. Goal

698%

% of Max. Goal

16%

Likelihood of Max
Funded
Avg. Daily Raise

$1,237

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Location

Oakland, California

Industry

Fitness & Wellness

Tech Sector

MarketplaceTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

Bloomi, with a $6 million valuation cap, is raising crowdfunding on Republic. It is an exclusive intimate-care marketplace for all things intimate. The platform carries over 25 vetted brands of clean, intimate care products and is also creating its own line of products. The users can also access expert content from a team of sexologists. Rebecca Alvarez and Julie Leclercq-Argueta founded Bloomi in June 2018. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $1,070,000. The proceeds will be used to hire the core team, expand the marketplace, and launch new products. Bloomi has two revenue streams, including products and content. It makes a 55-75% margin on sales and expects to reach $2.3 million in sales by 2021.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$62,755

$36,317

COGS

$25,403

$16,061

Tax

$0

$0

 

 

Net Income

$-141,781

$-40,317

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$33,174

$17,101

Accounts Receivable

$0

$0

Total Assets

$39,297

$17,101

Short-Term Debt

$55,340

$6,526

Long-Term Debt

$0

$0

Total Liabilities

$55,340

$6,526

Financials as of: 08/27/2020
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Bloomi on Republic
$
Platform: Republic
Security Type: SAFE
Valuation: $6,000,000

Follow company

Follow Bloomi on Republic
View on Republic (Closed)
Bullish / Bearish
You're Bullish on Bloomi on Republic

Thank you for your vote on Bloomi on Republic

Bullish / Bearish
You're Bearish on Bloomi on Republic

Thank you for your vote on Bloomi on Republic