Cria Hair
Early Stage
Ingredient- and science-based hair care that is so good for your body!
Overview
Raised: $45,500
Total Commitments ($USD)
Platform
Republic
Start Date
02/08/2022
Close Date
04/22/2022
Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$4,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/29/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$632
# of Investors
66
Momentum
Funded
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Year Founded
2015
Industry
Beauty & Personal Care
Tech Sector
Retailtech
Distribution Model
B2C
Margin
High
Capital Intensity
Low
Cria Hair, with a valuation of $4 million, is raising funds on Republic. The company makes ingredient and science-based hair care products that provide solutions for hair fall, thinning hair, and itchy scalp. The 100% organic solution of Cria Hair is a topical elixir made using four organic ingredients. Cria Hair has been the recipient of three consecutive State Trade Expansion grants and has $1 million export orders for 2022-24. Dr. Shubhra Sharma and Siddharth Sharma founded Cria Hair in January 2016. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000. The campaign proceeds will be used for advertising and setting up a production facility.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$61,564 |
$21,346 |
|
COGS |
$26,484 |
$11,619 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$7,499 |
$-52,761 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$12,677 |
$4,135 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$21,697 |
$8,698 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$5,500 |
$0 |
|
Total Liabilities |
$5,500 |
$0 |
Financials as of: 02/08/2022
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