Love Sun Body

Love Sun Body

Early Stage

Breakthrough Sunscreen & Application Technology

Breakthrough Sunscreen & Application Technology

Overview

Raised to Date: Raised: $2,400

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/15/2024

Close Date

04/29/2024

Min. Goal
$50,000
Max. Goal
$618,000
Min. Investment

$100

Security Type

Equity - Preferred

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$1.15

Early Bird Valuation

$29,939,834

Pre-Money Valuation

$37,424,792

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/27/2024

Days Remaining

2

% of Min. Goal

5%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$23

Momentum
cold.svg
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Year Founded

2020

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Low

Capital Intensity

Low

Location

West Orange, New Jersey

Business Type

Growth

Love Sun Body, with a valuation of $37.4 million, is raising funds on Wefunder. The company has invented and manufactured the first 100% natural Ecocert Cosmos Natural sunscreen and application technology. Love Sun Body sunscreen is natural, non-toxic, and has passed the world’s most rigorous certification processes. The company has developed a patented sunscreen applicator and patented sunscreen formulas that are completely safe for the body and the environment. Dr. Terry Zickerman founded Love Sun Body in May 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $618,000. The campaign proceeds will be used for marketing, public relations, patent and trademark filings, principal loan payment, and accounting fees.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$348,772

$127,376

COGS

$238,884

$285,840

Tax

$0

$0

 

 

Net Income

$-532,723

$-705,989

Summary Balance Sheet

FY 2022 FY 2021

Cash

$3,954

$51,190

Accounts Receivable

$929

$0

Total Assets

$248,338

$200,092

Short-Term Debt

$462,683

$275,079

Long-Term Debt

$0

$0

Total Liabilities

$462,683

$275,079

Financials as of: 01/15/2024
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Love Sun Body 04/28/2024 Wefunder $37,424,792 $2,400 Equity - Preferred Active RegCF
Love Sun Body 01/03/2022 StartEngine $31,258,306 $140,822 Equity - Common Funded RegCF
Love Sun Body 02/02/2021 Wefunder $21,400,000 $252,780 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Love Sun Body on Wefunder 2024
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $37,424,792
Price per Share: $1.15

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