Krisspi
Early Stage
Personal grooming app
Overview
Raised: $0
Total Commitments ($USD)
Platform
PicMii
Start Date
05/30/2022
Close Date
11/15/2022
Min. Goal
$10,000
Max. Goal
$250,000
Min. Investment
$100
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$0.72
Pre-Money Valuation
$7,956,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
11/15/2022
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2017
Industry
Consumer Products, Goods & Services
Tech Sector
MarketplaceTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Krisspi, with a valuation of $8.2 million, is raising funds on PicMii. The company has created an on-demand personal grooming app that connects professional stylists and barbers with people that need their services. The app allows clients to schedule their in-person appointments with licensed and vetted hairstylists and bring barbers to them. Krisspi launched its MVP in June 2020 and generated $30,000 in revenue from June 2020 to December 2020. Derrick Butler and Mario Goins founded Krisspi in October 2017. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $250,000. The campaign proceeds will be used for expansion to 30 new cities.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$2,372 |
$21,418 |
|
COGS |
$1,625 |
$17,712 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,260 |
$-19,622 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$11,295 |
$10,937 |
|
Accounts Receivable |
$0 |
$281 |
|
Total Assets |
$11,387 |
$11,218 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$32,000 |
$32,000 |
|
Total Liabilities |
$32,000 |
$32,000 |
Financials as of: 05/30/2022
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