GoBe
Growth Stage
The ultimate snack container that's literally brain-changing for kids
Overview
Raised: $0
Total Commitments ($USD)
Platform
Wefunder
Start Date
11/14/2023
Close Date
03/14/2024
Min. Goal
$50,000
Max. Goal
$618,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$16,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Active
Reporting Date
12/08/2023
Days Remaining
97
% of Min. Goal
0%
% of Max. Goal
0%
Likelihood of Max
Avg. Daily Raise
$0
Momentum
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Year Founded
2018
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2B2C
Margin
Low
Capital Intensity
Low
GoBe, with a valuation of $16 million, is raising funds on Wefunder. The company makes and sells the ultimate snack container that is brain-challenging for kids. GoBe’s snack container can carry five snacks and comes with a fun push button and flip door. The GoBe Snack Spinner creates a division of responsibilities between the parents and children and gives kids choice and autonomy. The company generated $4 million in sales last year, with 81% of customers recommending the product to their friends. Joseph and Solanda Moran-Blanch founded GoBe in January 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $535,000. The campaign proceeds will be used for inventory to meet the demand of current retailers, direct-to-consumer, and newly signed retailers.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$4,049,671 |
$1,068,726 |
|
COGS |
$3,135,518 |
$844,597 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-87,114 |
$-250,303 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$137,312 |
$103,486 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$745,249 |
$821,231 |
|
Short-Term Debt |
$180,501 |
$737,888 |
|
Long-Term Debt |
$1,114,393 |
$548,192 |
|
Total Liabilities |
$1,294,894 |
$1,286,080 |
Financials as of: 11/14/2023
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