Mascara Club

Mascara Club

Early Stage

The Dollar Shave Club for Mascara

The Dollar Shave Club for Mascara

Overview

Raised to Date: Raised: $43,600

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/30/2024

Close Date

04/29/2024

Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Early Bird Val. Cap

$5,000,000

Valuation Cap

$6,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/04/2024

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$490

# of Investors

9

Momentum
Funded
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Year Founded

2022

Industry

Beauty & Personal Care

Tech Sector

CommerceTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Pacific Beach, California

Business Type

Growth

Mascara Club, with a valuation of $6 million, is raising funds on Wefunder. The company makes clean, cruelty-free, and good-for-eyes mascara. Mascara Club’s mascara is improved in terms of size, shape, function, and formula and is available at an affordable price. The business has 400 active subscribers with a 10% monthly organic growth and has reported $300,000 in total sales. Annie Brown, Patrick Spaulding Ryan, and Marcelo Muzquiz founded Mascara Club in May 2022. 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 product development, sales, and marketing.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$13,440

$0

COGS

$6,384

$0

Tax

$0

$0

 

 

Net Income

$-2,542

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$1,468

$0

Accounts Receivable

$-1,463

$0

Total Assets

$18,230

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 01/30/2024
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Mascara Club on Wefunder 2024
Platform: Wefunder
Security Type: SAFE
Valuation: $6,000,000

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