Cocoon
Discovery platform for the chronic skincare market.
Overview
Raised: $0
Total Commitments ($USD)
Platform
SeedInvest
Start Date
08/17/2018
Close Date
09/21/2018
Min. Goal
$25,000
Max. Goal
$400,000
Min. Investment
$1,000
Security Type
Debt
SEC Filing Type
RegCF
/ RegD 506(c)
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
09/26/2018
Days Remaining
Not Funded
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2017
Industry
Beauty & Personal Care
Tech Sector
Location
New York, New York
Your skin is your cocoon - and Cocoon Holdings wants to help you take the best care of it possible. They are a discovery platform for the chronic skincare market, where they help women discover products that are suitable for their specific skin type through an app that acts as a mobile skin diary. Users can also share product reviews with each other. After all, over 500 million women suffer from chronic skin conditions globally, and finding the right solution can be challenging. This type of product is so in-demand that Cocoon already has a current conversion rate of 42% regarding sign-ups at an acquisition cost of $1.78 based on just a $430 spend. Plus, their advisors and investors include the former Chief FDA counsel for Revlon and J&J, as well as the founder of PureWow.
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