Nap Bar

Nap Bar

Nap Bar is raising funds on Wefunder. The company makes eco-friendly luxury rest places for exhausted travelers and airport staff. Nap Bar aims to solve the sleep deprivation epidemic, one nap at a time, by offering business travelers, leisure travelers, TSA agents, airport crew, and flight teams a place to rest. The business has secured a 10-year contract at George Bush Intercontinental Airport in Houston, Texas, and has curated over 10,000 rest experiences globally. Khaliah O. Guillory founded Nap Bar in January 2019. 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 the buildout costs.

Expand

Investment Overview

Raised this Round: Raised: $127,250

Deal Terms

Total Commitments ($USD)

Platform
Wefunder
Start Date
05/13/2024
Close Date
01/10/2025
Min. Goal
$50,000
Max. Goal
$124,000
Min. Investment

$100

Security Type

Revenue Share

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Return Multiple

1.50X

Rev. Share %

3.00%

Company & Team

Company

Year Founded
2019
Industry
Travel and Hospitality
Tech Sector
Non-Tech
Distribution Model
B2B2C
Margin
Medium
Capital Intensity
High
Location
Houston, Texas
Business Type
Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Khaliah O. Guillory
Title
CEO

Financials

as of Fiscal Year 2023
 Revenue +164% YoY
$61,696
 Monthly Burn
$923
 Runway
2.9 months
Gross Margin
91%

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$61,696

$23,344

COGS

$5,800

$2,044

Tax

$400

$430

 

 

Net Income

$-11,081

$-34,911

Summary Balance Sheet

FY 2023 FY 2022

Cash

$2,679

$-18

Accounts Receivable

$0

$0

Total Assets

$72,205

$26,008

Short-Term Debt

$35,027

$27,721

Long-Term Debt

$0

$0

Total Liabilities

$35,027

$27,721

Create a free account today to gain access to Kingscrowd analytics and financials.

Upgrade to gain access

Pay Monthly
Annually (2 months free)

Edge

$12.50 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific Kingscrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings Kingscrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars

Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
01/10/2025 Wefunder - $127,250 Revenue Share Active RegCF
Create a free account today to gain access to Kingscrowd analytics.
Founders: enhance your startup's credibility on Kingscrowd. Create an account to claim this raise page.
Add to portfolio
Nap Bar on Wefunder 2024
Platform: Wefunder
Security Type: Revenue Share

Follow company

Follow Nap Bar on Wefunder 2024

Buy Nap Bar's Deal Report

Nap Bar Deal Report

Get Kingscrowd's comprehensive report on Nap Bar including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Nap Bar is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Nap Bar deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge