Brobe

Early Stage
Surgery Sucks. We Make it Suck Less.
Overview
Raised: $55,066
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/23/2023
Days Remaining
25
% of Min. Goal
551%
% of Max. Goal
4%
Likelihood of Max
Avg. Daily Raise
$1,573
# of Investors
133
Momentum
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Year Founded
2011
Industry
Apparel & Fashion
Tech Sector
FashionTech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
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.
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$468,383 |
$439,618 |
COGS |
$166,893 |
$170,707 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-43,192 |
$39,599 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$31,913 |
$58,802 |
Accounts Receivable |
$973 |
$2,858 |
Total Assets |
$479,037 |
$475,268 |
Short-Term Debt |
$118,320 |
$44,107 |
Long-Term Debt |
$624,252 |
$577,290 |
Total Liabilities |
$742,572 |
$621,397 |
Financials as of: 02/16/2023
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