Bow Wow Labs

Bow Wow Labs

Growth Stage

Award-winning pet products

Award-winning pet products

Overview

Raised to Date: Raised: $548,961

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/11/2023

Close Date

05/18/2023

Min. Goal
$100,001
Max. Goal
$1,235,000
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.38

Early Bird Valuation

$20,880,250

Pre-Money Valuation

$23,336,750

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/30/2023

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

$4,357

# of Investors

218

Momentum
Funded
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Year Founded

2017

Industry

Pet Health, Food, and Services

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Novato, California

Business Type

Growth

Bow Wow Labs, with a valuation of $23.3 million, is raising funds on Wefunder. The company makes award-winning and innovative life-protecting pet products. The product line of Bow Wow Labs includes Bow Wow Buddy, Natural Chews, and Collagen Sticks and aims to promote dogs’ overall health, wellness, and happiness. Bow Wow Labs has sold over 200,000 safety devices and 1.6 million bully sticks and has reached $4 million in annual revenue. Michael D London founded Bow Wow Labs in January 2017. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, new product development, increasing inventory, and mold production.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$5,115,333

$4,650,326

COGS

$2,641,833

$2,943,736

Tax

$800

$800

 

 

Net Income

$-340,260

$-1,147,370

Summary Balance Sheet

FY 2022 FY 2021

Cash

$87,150

$64,643

Accounts Receivable

$233,029

$65,755

Total Assets

$1,662,306

$1,004,814

Short-Term Debt

$732,986

$3,931,147

Long-Term Debt

$3,539,900

$1,970,096

Total Liabilities

$4,272,886

$5,901,243

Financials as of: 01/11/2023
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Bow Wow Labs on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Common
Valuation: $23,336,750
Price per Share: $0.38

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