PetJoy
About this raise
PetJoy, with a valuation of $50 million, is raising funds on Title3Funds. The company makes high-quality, safe, and effective pet supplements. PetJoy products are made in the USA and are veterinarian-approved. The company uses data and analytics to personalize product recommendations, marketing communications, and subscription plans and makes it easy for customers to subscribe, modify, and cancel subscriptions. Rick Bennink founded PetJoy in April 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, manufacturing, future wages, accrued wages, repayment of debt, and general working capital.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Title3Funds
- Start Date
- 12/20/2023
- Close Date
- 12/15/2024
$10,000
$1,235,000
$100
Equity - Common
Growth Stage
RegCF
$2.00
$50,000,000
Company & Team
Company
- Year Founded
- 2022
- Industry
- Pet Health, Food, and Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
-
$2,407,962
as of FY2022
- Monthly Burn
-
$69,579
as of FY2022
-
Runway
-
11 months
as of FY2022
- Gross Margin
-
50%
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $750,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/15/2024 | Title3Funds | $50,000,000 | $0 | Equity - Common | Not Funded | RegCF |