Little Squiggle

Little Squiggle

Little Squiggle, with a valuation of $4 million, is raising funds on Wefunder. The company aims to disrupt the children’s toy market with its patent-pending process to make sustainable toys. Little Squiggle is inspired by Cradle to Cradle principles and aims to make a circular economy by designing eco-friendly, energy-efficient, and recyclable toys. The company is designed to be US-made and manufactured and has its prototype toys ready using plant-based plastics and compostable electronics. Teresa Giovannoli founded Little Squiggle in March 2023. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for marketing, R&D, hiring, and operational expenses.

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Investment Overview

Raised this Round: Raised: $72,614

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
10/21/2024
Close Date
02/18/2025
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$250

Security Type

SAFE

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$3,600,000

Valuation Cap

$4,000,000

Discount

0%

Company & Team

Company

Year Founded
2023
Industry
Consumer Products, Goods & Services
Tech Sector
Hardwaretech
Distribution Model
B2C
Margin
Medium
Capital Intensity
High
Location
El Segundo, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
2
Prior Founder Exits?
No
Founder Name
Teresa Giovannoli
Title
CEO

Financials

as of September 1, 2024
 Revenue
$0
 Monthly Burn
$500
 Runway
1.2 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-29,212

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$17,000

$0

Short-Term Debt

$3,655

$0

Long-Term Debt

$0

$0

Total Liabilities

$3,655

$0

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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
02/18/2025 Wefunder $4,000,000 $72,614 SAFE Active RegCF
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Add to portfolio
Little Squiggle on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $4,000,000

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Follow Little Squiggle on Wefunder 2024

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