Blushington
About this raise: Blushington, with a valuation of $10 million, is raising funds on Wefunder. The company offers expert beauty franchises and meets the diverse demands of all ages and skin tones. Blushington offers blowouts, makeup, and skincare services and delivers a luxury-meets-express beauty experience. The concept stores of Blushington have serviced more than 4 million client appointments to date and have a $6.5 million pipeline value of prospective franchisees, with the first sold in Florida. Mark Maron, Nicole Maron, and Stephanie Cohen founded Blushington in January 2024. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for debt repayment, operating capital, marketing, and franchise sales.
Investment Overview
Not Funded: $0
Deal Terms
Company & Team
Company
- Year Founded
- 2024
- Industry
- Beauty & Personal Care
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +180% YoY
- $509,444
- Monthly Burn
- $165,008
-
Runway
- 0.5 months
- Gross Margin
- 29%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $3,610,000
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
11/30/2024 | Wefunder | $10,000,000 | $0 | SAFE | Not Funded | RegCF |