GoBe

GoBe

Growth Stage

The ultimate snack container that's literally brain-changing for kids

The ultimate snack container that's literally brain-changing for kids

Overview

Raised to Date: Raised: $250,420

Total Commitments ($USD)

Platform

Wefunder

Start Date

11/13/2023

Close Date

04/29/2024

Min. Goal
$50,000
Max. Goal
$618,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$16,000,000

Discount

0%

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/22/2024

Days Remaining

6

% of Min. Goal

501%

% of Max. Goal

41%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,555

# of Investors

99

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

Location

Raleigh, North Carolina

Business Type

Growth

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: 11/13/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
GoBe 04/28/2024 Wefunder $16,000,000 $250,420 SAFE Active RegCF
GoBe 09/29/2022 Republic $8,000,000 $359,634 SAFE Funded RegCF
GoBe 11/04/2020 Republic $4,000,000 $173,937 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

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.

Employee History

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GoBe on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $16,000,000

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