Jack Henry

Growth Stage

We make clean + functional body care that supports a healthy microbiome

Overview

Raised to Date: Raised: $118,050

Total Commitments ($USD)

Platform

Wefunder

Start Date

02/03/2023

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$1,200,000

Min. Investment

$500

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

10%

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/23/2023

Days Remaining

38

% of Min. Goal

236%

% of Max. Goal

10%

Likelihood of Max
unlikely
Avg. Daily Raise

$2,459

# of Investors

35

Momentum
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Year Founded

2017

Industry

Beauty & Personal Care

Tech Sector

Retailtech

Distribution Model

B2C

Margin

High

Capital Intensity

Low

Location

Costa Mesa, California

Business Type

Growth

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.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$1,194,774

$1,208,481

COGS

$460,818

$390,386

Tax

$0

$0

 

 

Net Income

$-343,080

$-40,258

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$196,422

$65,724

Accounts Receivable

$26,490

$4,295

Total Assets

$676,642

$181,366

Short-Term Debt

$357,293

$156,431

Long-Term Debt

$319,644

$131,150

Total Liabilities

$676,937

$287,581

Financials as of: 02/03/2023
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Jack Henry on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $10,000,000

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