Brobe

Brobe

Early Stage

Surgery Sucks. We Make it Suck Less.

Surgery Sucks. We Make it Suck Less.

Overview

Raised this Round: Raised: $125,218

Total Commitments ($USD)

Platform

StartEngine

Start Date

02/15/2023

Close Date

06/20/2023

Min. Goal
$9,999
Max. Goal
$1,235,000
Min. Investment

$150

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.15

Pre-Money Valuation

$7,609,164

Year Founded

2011

Industry

Apparel & Fashion

Tech Sector

FashionTech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Austin, Texas

Business Type

Growth

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

FY 2021 FY 2020

Revenue

$468,383

$439,618

COGS

$166,893

$170,707

Tax

$0

$0

 

 

Net Income

$-43,192

$39,599

Summary Balance Sheet

FY 2021 FY 2020

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: 02/15/2023
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Brobe on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $7,609,164
Price per Share: $1.15

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Follow Brobe on StartEngine 2023

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