Jack Henry
About this raise
Jack Henry, with a valuation of $10 million, is raising funds on Wefunder. The company makes clean and functional body care products that support a healthy microbiome. The products of Jack Henry are made using proprietary and transparent formulations and use pure ingredients free of synthetics, toxins, and harsh chemicals. Jack Henry has fulfilled over 98,000 orders and generated $5 million in lifetime revenue. Kyle Bardouche founded Jack Henry in May 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.2 million. The campaign proceeds will be used for opening another studio, marketing, inventory, hiring, and working capital.
Investment Overview
Invested : $195,700
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 02/03/2023
- Close Date
- 04/30/2023
$50,000
$1,200,000
$500
SAFE
Pre-Seed
RegCF
$10,000,000
10%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Beauty & Personal Care
- Tech Sector
- Distribution Model
- B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue -1.3% YoY
- $1,194,774
- Monthly Burn
- $28,590
-
Runway
- 6.9 months
- Gross Margin
- 61%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $476,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/30/2023 | Wefunder | $10,000,000 | $195,700 | SAFE | Funded | RegCF |