Mighty Self
About this raise
Mighty Self, with a valuation cap of $5 million, is raising crowdfunding on MicroVentures. The company manufactures and sells CBD and cannabis-based products as daily nutraceuticals. Mighty Self has already launched two products in 2018: a CBD product to uplift mood and energy, and a THC-infused product to increase attention and focus. The company was founded by Matthew Runeare and David Rothenberg in 2017 and has raised $140,500 through convertible notes in previous rounds of financing. The current crowdfunding round has a minimum raise of $25,000 and a maximum raise of $107,000, and the proceeds will be used for research and development, manufacturing, marketing, future wages, and equipment purchases. Mighty Self started generating revenues in January 2019 and plans to launch two new products in 2019.
Investment Overview
Invested : $84,950
Deal Terms
Total Commitments
- Platform
- Microventures
- Start Date
- 06/05/2019
- Close Date
- 09/09/2019
$25,000
$107,000
$100
Convertible Note
Early Stage
RegCF
$5,000,000
0%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2C
- Margin
- Capital Intensity
- Location
- Oakland, California
- Company Website
-
Visit Website
Team
- Employees
- 2
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/09/2019 | Microventures | $5,000,000 | $84,950 | Convertible Note | Funded | RegCF |