Bowr

Early Stage

A furnishing platform revolutionizing how furniture is made and sold globally

Overview

Raised to Date: Raised: $1,150

Total Commitments ($USD)

Platform

Republic

Start Date

01/13/2023

Close Date

03/14/2023

Min. Goal

$25,000

Max. Goal

$618,000

Min. Investment

$150

Security Type

SAFE

Series

Seed

Funding Type

RegCF

Valuation Cap

$10,000,000

Discount Rate

0%

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

40

% of Min. Goal

5%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$58

# of Investors

4

Momentum
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Location

Sheridan, Wyoming

Industry

Consumer Products, Goods & Services

Tech Sector

CommerceTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

Bowr, with a valuation of $10 million, is raising funds on Republic. The company has developed a furnishing platform that is changing the way furniture is made and sold across the world. The platform allows customers to buy high-quality furniture at honest prices and customize it according to their space and needs. It also helps manufacturers sell directly by eliminating the middlemen. Bowr has already partnered with 215 manufacturers and sold over 1,000 pieces. Parikshit Guhabiswas founded Bowr in July 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $618,000. The campaign proceeds will be used for hiring, product development, creating material inventory, and building a specialized SaaS.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$65,432

$0

COGS

$19,358

$0

Tax

$0

$0

 

 

Net Income

$7,097

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$19,297

$0

Accounts Receivable

$0

$0

Total Assets

$37,297

$0

Short-Term Debt

$2,000

$0

Long-Term Debt

$0

$0

Total Liabilities

$2,000

$0

Financials as of: 01/13/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Bowr 03/14/2023 Republic $10,000,000 $1,150 SAFE Active RegCF
Bowr 02/22/2022 Republic $5,000,000 $105,905 SAFE Funded RegCF
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Bowr on Republic 2023
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Platform: Republic
Security Type: SAFE
Valuation: $10,000,000
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