Krisspi

Krisspi

Early Stage

Personal grooming app

Personal grooming app

Overview

Raised this Round: 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    Open SEC Filing

Price Per Share

$0.72

Pre-Money Valuation

$7,956,000

Year Founded

2017

Industry

Consumer Products, Goods & Services

Tech Sector

MarketplaceTech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Concord, California

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: 05/30/2022
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Krisspi on PicMii 2022
Platform: PicMii
Security Type: Equity - Common
Valuation: $7,956,000
Price per Share: $0.72

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