Ceres Chill
[Closed for Investment] 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.
Investment Overview
Raised: $702,019
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 02/28/2023
- Close Date
- 03/02/2023
$50,000
$779,972
$100
Equity - Preferred
Seed
RegCF
$1.00
$9,620,032
Company & Team
Company
- Year Founded
- 2018
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +90% YoY
- $873,526
- Monthly Burn
- Profitable
- Cash on Hand
- $89,380
- Gross Margin
- 31%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,710,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/02/2023 | Wefunder | $9,620,032 | $702,019 | Equity - Preferred | Funded | RegCF |