Krisspi

Early Stage

Personal grooming app

Analytics

Raised to Date: Raised: $0

Aggregate Commitments $

Platform

PicMii

Start Date

05/31/2022

Close Date

11/15/2022

Min. Goal

$10,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

Equity - Common

Funding Type

RegCF

Series

Pre-Seed

Price Per Share

$0.72

Pre-Money Valuation

$7,956,000

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

143

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$0

Momentum
cold.svg
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Location

Concord, California

Industry

Consumer Products, Goods & Services

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Business Type

High Growth

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: 05/31/2022
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Krisspi on PicMii 2022
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Platform: PicMii
Security Type: Equity - Common
Valuation: $7,956,000

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