Ceres Chill

Early Stage

Moms leading incredible lives while achieving their breastfeeding goals

Overview

Raised to Date: Raised: $702,019

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/28/2023

Close Date

03/02/2023

Min. Goal

$50,000

Max. Goal

$779,972

Min. Investment

$100

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Pre-Money Valuation

$9,620,032

Rolling Commitments ($USD)

Status
Funded
Reporting Date

03/26/2023

Days Remaining
Funded
% of Min. Goal

1,404%

% of Max. Goal

90%

Likelihood of Max
Funded
Avg. Daily Raise

$351,010

# of Investors

510

Momentum
Funded
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Year Founded

2018

Industry

Consumer Products, Goods & Services

Tech Sector

Retailtech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

Bainbridge Island, Washington

Business Type

Growth

Ceres Chill, with a valuation of $9.62 million, is raising funds on Wefunder. The company makes and sells breastmilk chillers that are revolutionizing breastmilk storage. The other products of Ceres Chill include Milkstache, washbasin bags, sipper lids, nipple shields, straw top infusers, and baby bottles/houseware accessories. Ceres Chill has a loyal customer base and has grown by 20-40% every quarter since 2020. Lisa Myers founded Ceres Chill in December 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $779,972. The campaign proceeds will be used for additional inventory, marketing, new product development, and international expansion.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$873,526

$95,411

COGS

$605,290

$98,500

Tax

$0

$0

 

 

Net Income

$43,950

$-87,921

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$89,380

$9,478

Accounts Receivable

$25,818

$0

Total Assets

$248,769

$39,412

Short-Term Debt

$279,814

$25,027

Long-Term Debt

$0

$90,750

Total Liabilities

$279,814

$115,777

Financials as of: 02/28/2023
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Ceres Chill on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $9,620,032

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