Overview
Raised: $266,606
Total Commitments ($USD)
Platform
Wefunder
Start Date
03/17/2023
Close Date
04/25/2023
Min. Goal
$100,000
Max. Goal
$350,000
Min. Investment
$200
Security Type
SAFE
Series
Series A
SEC Filing Type
RegCF
Valuation Cap
$18,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/30/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$6,836
# of Investors
349
Momentum
Funded
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Year Founded
2018
Industry
Fitness & Wellness
Tech Sector
MarketplaceTech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Bloomi, with a valuation of $18 million, is raising funds on Wefunder. 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. Bloomi products are available at over 1,000 Target stores and have generated $3 million in revenue in the last 12 months. Rebecca Alvarez and Julie Leclercq-Argueta founded Bloomi in June 2018. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $618,000. The campaign proceeds will be used for marketing, operations, products, COGS, and debt repayment.
Summary Profit and Loss Statement
| FY 2021 | FY 2020 | |
|---|---|---|
|
Revenue |
$227,369 |
$166,271 |
|
COGS |
$206,747 |
$131,869 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-454,758 |
$-143,158 |
Summary Balance Sheet
| FY 2021 | FY 2020 | |
|---|---|---|
|
Cash |
$133,310 |
$3,416 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$494,107 |
$30,322 |
|
Short-Term Debt |
$157,376 |
$17,902 |
|
Long-Term Debt |
$450,658 |
$35,658 |
|
Total Liabilities |
$608,034 |
$53,560 |
Financials as of: 03/17/2023
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