Bloomi

Bloomi

Early Stage

The first intimate-care marketplace that empowers womxn

The first intimate-care marketplace that empowers womxn

Overview

Raised to Date: Raised: $266,606

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/16/2023

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    Open SEC Filing

Valuation Cap

$18,000,000

Discount

0%

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

$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

Location

Oakland, California

Business Type

Growth

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: 03/16/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Bloomi 04/24/2023 Wefunder $18,000,000 $266,606 SAFE Funded RegCF
Bloomi 01/14/2021 Republic $6,000,000 $174,484 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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Bloomi on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $18,000,000

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