LullaFeed

LullaFeed

Early Stage

For when your baby needs you the most

For when your baby needs you the most

Overview

Raised to Date: Raised: $138,840

Total Commitments ($USD)

Platform

Wefunder

Start Date

03/13/2024

Close Date

07/12/2024

Min. Goal
$50,000
Max. Goal
$500,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$4,000,000

Discount

0%

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/07/2024

Days Remaining

65

% of Min. Goal

278%

% of Max. Goal

28%

Likelihood of Max
unlikely
Avg. Daily Raise

$2,524

Momentum
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Year Founded

2017

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Louisville, Kentucky

Business Type

Growth

LullaFeed, with a valuation of $4 million, is raising funds on Wefunder. The company has developed an infant feeding product that uses research-based music reinforcement to support positive bottle-feeding behaviors. LullaFeed has a mobile app and a baby bottle attachment that fits onto various sizes of bottles with its flexible sleeve and plays the parent’s pre-recorded voice to the infant as a reward and encouragement for feeding. The product is being tested by parents in an alpha trial, and many parents are on the pre-launch waitlist. Michael Detmer founded LullaFeed in June 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $500,000. The campaign proceeds will be used for social media advertising, mobile app integration, industrial design, and go-to-market efforts.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-483,445

$-101,457

Summary Balance Sheet

FY 2023 FY 2022

Cash

$35,049

$443,485

Accounts Receivable

$0

$0

Total Assets

$35,049

$443,485

Short-Term Debt

$499,890

$0

Long-Term Debt

$125,000

$574,882

Total Liabilities

$624,890

$574,882

Financials as of: 03/13/2024
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LullaFeed on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $4,000,000

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