Kari Gran
Growth Stage
Women-owned, clean, sustainable skincare.
Overview
Raised: $320,461
Total Commitments ($USD)
Platform
StartEngine
Start Date
04/13/2022
Close Date
09/29/2022
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$249
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$0.77
Pre-Money Valuation
$10,976,421
Rolling Commitments ($USD)
Status
Funded
Reporting Date
10/01/2022
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$1,908
# of Investors
246
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2018
Industry
Beauty & Personal Care
Tech Sector
CommerceTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Kari Gran, with a valuation of $11 million, is raising funds on StartEngine. The company makes clean and sustainable skincare products, especially for women over 40 years of age experiencing dry skin due to menopause. The business specializes in dealing with dryness and makes products with 100% naturally nourishing ingredients and no added water. Kari Gran has maintained strong financial performance and reported $8.5 million in sales to date. Lisa Strain and Kari Gran founded Kari Gran in September 2018. The current crowdfunding campaign has a minimum target of $9,999.99 and a maximum target of $1,069,999.70. The campaign proceeds will be used to add more products to the product line and expand distribution.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$1,653,896 |
$1,373,558 |
|
COGS |
$453,972 |
$305,365 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-610,901 |
$-380,002 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$233,796 |
$34,890 |
|
Accounts Receivable |
$29,363 |
$53,840 |
|
Total Assets |
$483,637 |
$360,276 |
|
Short-Term Debt |
$640,008 |
$112,230 |
|
Long-Term Debt |
$0 |
$202,351 |
|
Total Liabilities |
$640,008 |
$314,581 |
Financials as of: 04/13/2022
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$25 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Already a member? Log in here.
Ratings 
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.