JBRDS

JBRDS

Early Stage

Future of Children's Footwear

Future of Children's Footwear

Overview

Raised to Date: Raised: $339,200

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/30/2023

Close Date

04/29/2024

Min. Goal
$50,000
Max. Goal
$1,234,994
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$57.27

Early Bird Valuation

$5,000,001

Pre-Money Valuation

$6,300,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/04/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$1,874

# of Investors

33

Momentum
Funded
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Year Founded

2018

Industry

Apparel & Fashion

Tech Sector

Retailtech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Baltimore, Maryland

Business Type

Growth

JBRDS, with a valuation of $6.3 million, is raising funds on Wefunder. It is a footwear company that makes comfortable shoes with precise design for young adventurers. JBRDS shoes come in as sock-and-shoe-in-one design and have a suede and 0-drop outsole, roomie toe box, and an injection-molded support cage. The company has a loyal customer base and has earned the number one rank in Baby Boy’s Sneakers and Baby Girl’s Sneakers category on Amazon. David Hirshfeld and Dr. Jay LeBow founded JBRDS in March 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.23 million. The campaign proceeds will be used for new product development and production, and marketing.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$54,053

$0

COGS

$30,545

$0

Tax

$0

$0

 

 

Net Income

$-283,459

$-74,347

Summary Balance Sheet

FY 2022 FY 2021

Cash

$41,829

$58,048

Accounts Receivable

$0

$0

Total Assets

$98,342

$59,051

Short-Term Debt

$116,445

$93,695

Long-Term Debt

$0

$0

Total Liabilities

$116,445

$93,695

Financials as of: 10/30/2023
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JBRDS on Wefunder 2023
Platform: Wefunder
Security Type: Equity - Common
Valuation: $6,300,000
Price per Share: $57.27

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