Hold The Magic

Early Stage

Re-Imagining the Tooth Fairy tradition with tiny gifts that deliver magic

Analytics

Raised to Date: Raised: $69,200

Aggregate Commitments $

Platform

Republic

Start Date

04/27/2022

Close Date

04/15/2023

Min. Goal

$25,000

Max. Goal

$500,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Pre-Seed

Valuation Cap

$10,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

05/27/2022

Days Remaining

323

% of Min. Goal

277%

% of Max. Goal

14%

Likelihood of Max
likely
Avg. Daily Raise

$2,307

Momentum
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Location

LAFAYETTE, California

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Hold The Magic, with a valuation of $10 million, is raising funds on Republic. The company is reimagining the tooth fairy tradition with its service of delivering tiny gifts and stories in exchange for a lost tooth. The company provides everything to bring the Tooth Fairy to life and leaves the rest to the kids’ imagination. Hold The Magic has already sold over 8,000 gifts to more than 2,700 customers with an average order value of $69 and a 32% return rate. Shannon Cahoon founded Hold The Magic in August 2017. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $500,000. The campaign proceeds will be used to attract celebrity mom influencers, enter adjacent categories, scale the e-commerce business, and broaden the intellectual property portfolio.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$108,741

$49,575

COGS

$47,541

$23,962

Tax

$0

$0

 

 

Net Income

$-117,907

$-122,290

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$140,151

$165,284

Accounts Receivable

$0

$0

Total Assets

$185,981

$203,049

Short-Term Debt

$21,077

$20,597

Long-Term Debt

$334,600

$234,600

Total Liabilities

$355,677

$255,197

Financials as of: 04/27/2022
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Hold The Magic on Republic 2022
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Platform: Republic
Security Type: SAFE
Valuation: $10,000,000

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