Po Campo

Po Campo

Closed: Mar. 2021

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.

Expand

Investment Overview

Invested this round: $82,650

Deal Terms

Total Commitments

Platform
Republic
Start Date
12/16/2020
Close Date
04/01/2021
Min. Goal
$25,000
Max Goal
$250,000
Min. Investment

$150

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$3,500,000

Discount

20%

Company & Team

Company

Year Founded
2009
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
High
Location
New York, New York
Business Type
Growth
Company Website
Visit Website

Team

Employees
6
Prior Founder Exits?
No
Founder Name
Marie Boustead
Title
CEO

Financials

 Revenue +63% YoY
$325,000
 Monthly Burn
$3,584
 Runway
8.6 months
 Gross Margin
40%

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$217,841

$243,051

COGS

$131,660

$171,515

Tax

$0

$0

 

 

Net Income

$-43,009

$-11,369

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$30,808

$15,244

Accounts Receivable

$7,043

$4,782

Total Assets

$87,845

$69,635

Short-Term Debt

$70,388

$62,896

Long-Term Debt

$63,135

$28,137

Total Liabilities

$133,523

$91,033

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

Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/01/2021 Republic $3,500,000 $82,650 SAFE Funded 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
Po Campo on Republic
Platform: Republic
Security Type: SAFE
Valuation: $3,500,000

Follow company

Follow Po Campo on Republic

Buy Po Campo's Deal Report

Warning: according to the close date for this deal, Po Campo may no longer be accepting investments.

Po Campo Deal Report

Get Kingscrowd's comprehensive report on Po Campo including:

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

Buy the Po Campo deal report for only $10!

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