Bobbie

Bobbie

Growth Stage

An infant formula company committed to changing the conversation around feeding

An infant formula company committed to changing the conversation around feeding

Overview

Raised to Date: Raised: $245,098

Total Commitments ($USD)

Platform

Republic

Start Date

06/27/2021

Close Date

07/19/2021

Min. Goal
$25,000
Max. Goal
$245,098
Min. Investment

$100

Security Type

SAFE

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$85,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

07/30/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$11,141

# of Investors

198

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

2018

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

San Francisco, California

Business Type

Growth

Bobbie, with a valuation of $85 million, is raising funds on Republic. The company manufactures organic, European-style infant formula in the US. The organic infant formula is raising the bar for formula and reduce the stigma around formula feeding. Bobbie generated over $1 million in revenue within four months of launching and works on a direct-to-consumer subscription model. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $245,098. The campaign proceeds will be used for research and development, growth, and expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$16,872

COGS

$0

$13,018

Tax

$0

$0

 

 

Net Income

$-2,011,984

$-1,495,604

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,827,936

$4,574,406

Accounts Receivable

$0

$0

Total Assets

$3,291,579

$4,893,945

Short-Term Debt

$269,656

$23,586

Long-Term Debt

$40,762

$39,680

Total Liabilities

$310,418

$63,266

Financials as of: 06/27/2021
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.

Create your first portfolio

Create your own startup investment portfolio on KingsCrowd.

Track all of your startup investments in one place using our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Bobbie on Republic 2021
Platform: Republic
Security Type: SAFE
Valuation: $85,000,000

Follow company

Follow Bobbie on Republic 2021

Buy Bobbie's Deal Report

Warning: according to the close date for this deal, Bobbie may no longer be accepting investments.

Bobbie Deal Report

Get KingsCrowd’s comprehensive report on Bobbie including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Bobbie is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Bobbie deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge