PetJoy

PetJoy

Growth Stage

Happy Healthy Pets

Happy Healthy Pets

Overview

Funding data not publicly available
Platform

Title3Funds

Start Date

12/19/2023

Close Date

12/15/2024

Min. Goal
$10,000
Max. Goal
$1,235,000
Min. Investment

$100

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$50,000,000

Year Founded

2022

Industry

Pet Health, Food, and Services

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Westlake Village, California

Business Type

Growth

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.

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$2,407,962

$0

COGS

$1,208,097

$0

Tax

$0

$0

 

 

Net Income

$-834,950

$0

Summary Balance Sheet

FY 2022 FY 2021

Cash

$768,284

$0

Accounts Receivable

$26,399

$0

Total Assets

$940,777

$0

Short-Term Debt

$4,575

$0

Long-Term Debt

$770,598

$0

Total Liabilities

$775,173

$0

Financials as of: 12/19/2023
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PetJoy on Title3Funds 2023
Platform: Title3Funds
Security Type: Equity - Common
Valuation: $50,000,000
Price per Share: $2.00

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