Krisspi
About this raise
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.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- PicMii
- Start Date
- 05/31/2022
- Close Date
- 11/15/2022
$10,000
$250,000
$100
Equity - Common
Early Stage
RegCF
$0.72
$7,956,000
Company & Team
Company
- Year Founded
- 2017
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Financials
-
Revenue
- $2,372
- Monthly Burn
- $105
-
Runway
- 24+ months
- Gross Margin
- 32%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/15/2022 | PicMii | $7,956,000 | $0 | Equity - Common | Not Funded | RegCF |