Peach
Early Stage
Luxury, sustainable bath tissue sold on a subscription basis directly to consumers.
Overview
Raised: $0
Total Commitments ($USD)
Platform
SeedInvest
Start Date
11/05/2019
Close Date
01/17/2020
Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment
$1,000
Security Type
Equity - Preferred
SEC Filing Type
RegCF
/ RegD 506(c)
Price Per Share
$0.63
Pre-Money Valuation
$7,000,000
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
12/25/2019
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2017
Industry
Beauty & Personal Care
Tech Sector
Location
New York, New York
Peach, with a pre-money valuation of $7 million, is raising funds on SeedInvest. The company manufactures luxurious and premium bath tissue using sustainable and pure ingredients. Peach delivers its premium bath tissue to its customers on a monthly subscription basis and has created a strong brand value. The company was founded by Aaron Doades and raised $450,000 in its pre-seed round of funding. The current seed round of crowdfunding has a minimum target of $350,000 and a maximum target of $3,000,000, and the funds will be used for customer growth & retention, product inventory, and G&A expenses. Peach reported $21,000 in gross revenues in September 2019, with a 28% month-over-month growth in revenues. It also has a sustainable and predictable business model that leads to higher customer lifetime value.
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