Kari Gran
About this raise
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.
Investment Overview
Invested : $320,461
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 04/14/2022
- Close Date
- 09/29/2022
$10,000
$1,070,000
$249
Equity - Common
Growth Stage
RegCF
$0.77
$10,976,421
Company & Team
Company
- Year Founded
- 2018
- Industry
- Beauty & Personal Care
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +20% YoY
- $1,653,896
- Monthly Burn
- $50,908
-
Runway
- 4.6 months
- Gross Margin
- 73%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $590,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/29/2022 | StartEngine | $10,976,421 | $320,461 | Equity - Common | Funded | RegCF |