[Closed for Investment] 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.
Investment Overview
Raised: $330,870
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
- Revenue +279% YoY
- $4,049,671
- Monthly Burn
- $7,260
-
Runway
- 18.9 months
- Gross Margin
- 23%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $579,297
- VC Backed?
- No
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.