Brobe
About this raise
Brobe, with a valuation of $7.61 million, is raising funds on StartEngine. The company makes and sells functional and fashionable adaptive clothing for people recovering from major surgeries. The post-surgery apparel of Brobe is high-quality, suitable for men, women, and children, and solves several post-operative issues like holding ice packs, maintaining surgical drains, and making showering independently possible. Brobe has reached over 50,000 customers and generated sales of $2.7 million since its launch. Allison Schickel founded Brobe in July 2011. The current crowdfunding campaign has a minimum target of $9,999.25 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, inventory, company employment, and working capital.
Investment Overview
Invested : $125,218
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 02/16/2023
- Close Date
- 06/20/2023
$9,999
$1,235,000
$150
Equity - Common
Early Stage
RegCF
$1.15
$7,609,164
Company & Team
Company
- Year Founded
- 2011
- Industry
- Apparel & Fashion
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +7% YoY
-
$468,383
as of FY2021
- Monthly Burn
-
$3,599
as of FY2021
-
Runway
-
8.9 months
as of FY2021
- Gross Margin
-
64%
as of FY2021
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $357,550
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 06/20/2023 | StartEngine | $7,609,164 | $125,218 | Equity - Common | Funded | RegCF |