Po Campo
About this raise
Po Campo, with a valuation cap of $3.5 million, is raising funds on Republic. The company makes bags designed using MobilityTech. The technology makes the bags as mobile as possible and allows them to be carried easily on bikes and scooters. The bags of Po Campo come with transitional designs, fabric innovations, smart storage, and functionality. Maria Boustead founded Po Campo in 2009. The proceeds of the current crowdfunding round, with a minimum goal of $25,000 and a maximum goal of $250,000, will be used to increase the product offerings, partner with leading brands, and expand distribution. Po Campo reported a 256% increase in sales with a 176% conversion rate increase in 2019. The business has a gross profit margin of 73.3% and expects the revenues to reach $20 million by 2023.
Investment Overview
Invested $82,650 :
Deal Terms
Company & Team
Company
- Year Founded
- 2009
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- High
- Capital Intensity
- High
Financials
- Revenue +63% YoY
- $325,000
- Monthly Burn
- $3,584
-
Runway
- 8.6 months
- Gross Margin
- 40%
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/01/2021 | Republic | $3,500,000 | $82,650 | SAFE | Funded | RegCF |