[Closed for Investment] 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.
Investment Overview
Raised: $266,606
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 03/17/2023
- Close Date
- 04/25/2023
$100,000
$350,000
$200
SAFE
Series A
RegCF
$18,000,000
0%
Company & Team
Company
- Year Founded
- 2018
- Industry
- Fitness & Wellness
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +37% YoY
- $227,369
- Monthly Burn
- $37,897
-
Runway
- 3.5 months
- Gross Margin
- 9%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $2,380,319
- VC Backed?
- Yes
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.