Juna (2023)

Juna (2023)

Closed: Mar. 2023

About this raise

Juna, with a valuation of $7 million, is raising funds on Republic. The company is revolutionizing health and well-being through science-backed plants. The products of Juna include a detox collection, an ease collection, and a nightcap collection that is 100% plant-powered, trustworthy, innovative, and good to the core. Juna has generated $1.6 million in revenue since its launch, with a 154% year-over-year increase in orders. Jewel Zimmer and Taylor Lamb founded Juna in September 2018. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $618,000. The campaign proceeds will be used to launch more products and invest in branding and packaging.

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Investment Overview

Invested this round: $51,802

Deal Terms

Total Commitments

Platform
Republic
Start Date
10/05/2022
Close Date
03/09/2023
Min. Goal
$25,000
Max Goal
$618,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$7,000,000

Discount

0%

Company & Team

Company

Year Founded
2018
Industry
Alcohol, Tobacco, & Recreational Drugs
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
San Francisco, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
5
Prior Founder Exits?
No
Founder Name
Jewel Zimmer
Title
CEO
Founder Name
Taylor Lamb
Title
CMO

Financials

 Revenue +178% YoY
$584,223
 Monthly Burn
$14,032
 Runway
16.4 months
Gross Margin
58%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$584,223

$290,857

COGS

$243,927

$112,368

Tax

$0

$0

 

 

Net Income

$-168,378

$-41,621

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$229,560

$310,081

Accounts Receivable

$12,965

$28,663

Total Assets

$311,701

$406,746

Short-Term Debt

$66,770

$19,437

Long-Term Debt

$13,566

$12,566

Total Liabilities

$80,336

$32,003

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$606,221
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/09/2023 Republic $7,000,000 $51,802 SAFE Funded RegCF
08/01/2020 Republic $4,000,000 $379,578 SAFE Funded RegCF
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Growth Charts

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.

Valuation History

Employee History

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Add to portfolio
Juna on Republic 2022
Platform: Republic
Security Type: SAFE
Valuation: $7,000,000

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Follow Juna on Republic 2022

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Warning: according to the close date for this deal, Juna may no longer be accepting investments.

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