Germs

Germs

Closed: Nov. 2021

About this raise

Germs, with a pre-money valuation of $5 million, is raising funds on Wefunder. The company makes and sells hand sanitizers, masks, and other PPE products during the coronavirus pandemic. The PPE products of Germs are designed by the world-famous artist Todd Goldman and bring smiles to sanitation. Hayden Michael founded Germs in March 2021. The current crowdfunding round of the company has a minimum target of $50,000 and a maximum target of $500,000. The raise proceeds will target product development, sales and marketing, wages and salaries, and other costs. Germs has a national representation deal with Diverse Marketing, leading to its positioning in over 10,000 gift stores.

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Investment Overview

Invested this round: $100,457

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
05/19/2021
Close Date
11/18/2021
Min. Goal
$50,000
Max Goal
$500,000
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.00

Early Bird Valuation

$4,000,000

Pre-Money Valuation

$5,000,000

Company & Team

Company

Year Founded
2021
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
Location
Marina del Rey, California
Business Type
Life Style
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Hayden Michael
Title
President
Founder Name
Klaus Moeller
Title
CFO

Financials

 Revenue
$0
 Monthly Burn
$21
 Runway
24+ months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-249

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$1,000

$0

Accounts Receivable

$1,199

$0

Total Assets

$1,000

$0

Short-Term Debt

$1,199

$0

Long-Term Debt

$0

$0

Total Liabilities

$1,199

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
11/18/2021 Wefunder $5,000,000 $100,457 Equity - Common Funded RegCF
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Add to portfolio
Germs on Wefunder
Platform: Wefunder
Security Type: Equity - Common
Valuation: $5,000,000
Price per Share: $1.00

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Warning: according to the close date for this deal, Germs may no longer be accepting investments.

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