Kidskin

Kidskin

Early Stage

Gentle, Effective Skincare Made For Pre-Teens & Teens

Gentle, Effective Skincare Made For Pre-Teens & Teens

Overview

Raised to Date: Raised: $5,351

Total Commitments ($USD)

Platform

StartEngine

Start Date

01/23/2023

Close Date

03/24/2023

Min. Goal
$15,000
Max. Goal
$1,235,000
Min. Investment

$249

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.96

Pre-Money Valuation

$9,800,000

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

03/24/2023

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$91

# of Investors

11

Momentum
Not Funded
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Year Founded

2022

Industry

Beauty & Personal Care

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

Low

Location

Sun Valley, California

Business Type

Growth

Kidskin, with a valuation of $9.8 million, is raising funds on StartEngine. The company makes clean and dermatologically-recommended skincare products for pre-teens and teens. The products of Kidskin are all medical-grade and made using gentle, effective, and natural ingredients. Kidskin sells its products through Amazon and its own website and plans to launch in over 170 CVS stores by October 2023. The business is well established and has experienced an average of 30% year-over-year growth since its inception. Michael Canepa, Collette Canepa, and Jordan Canepa founded Kidskin in November 2022. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.23 million. The campaign proceeds will be used for marketing, research and development, company employment, operations, working capital, inventory, and intercompany debt.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$992,732

$766,757

COGS

$543,972

$451,286

Tax

$0

$0

 

 

Net Income

$-83,655

$-9,720

Summary Balance Sheet

FY 2021 FY 2020

Cash

$127,389

$31,830

Accounts Receivable

$0

$0

Total Assets

$294,105

$50,652

Short-Term Debt

$223,131

$133,790

Long-Term Debt

$522,062

$144,128

Total Liabilities

$745,193

$277,918

Financials as of: 01/23/2023
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Kidskin on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $9,800,000
Price per Share: $1.96

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Follow Kidskin on StartEngine 2023

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

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