Kari Gran

Growth Stage

Women-owned, clean, sustainable skincare.

Analytics

Raised to Date: Raised: $192,161

Aggregate Commitments $

Platform

StartEngine

Start Date

04/14/2022

Close Date

06/28/2022

Min. Goal

$10,000

Max. Goal

$1,070,000

Min. Investment

$249

Security Type

Equity - Common

Funding Type

RegCF

Series

Seed

Price Per Share

$0.77

Pre-Money Valuation

$10,976,421

Rolling Commitments $

Status

Active

Reporting Date

05/21/2022

Days Remaining

38

% of Min. Goal

1,922%

% of Max. Goal

18%

Likelihood of Max
unlikely
Avg. Daily Raise

$5,194

Momentum
cool.svg
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Location

Seattle, Washington

Industry

Beauty & Personal Care

Tech Sector

CommerceTech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

Low

Business Type

Growth

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: 04/14/2022
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Kari Gran on StartEngine 2022
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Platform: StartEngine
Security Type: Equity - Common
Valuation: $10,976,421

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