About this raise
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.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 01/13/2023
- Close Date
- 03/14/2023
$25,000
$618,000
$150
SAFE
Seed
RegCF
$10,000,000
0%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $175,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/14/2023 | Republic | $10,000,000 | $0 | SAFE | Not Funded | RegCF |
| 02/22/2022 | Republic | $5,000,000 | $105,905 | SAFE | Funded | RegCF |