Proven

Proven

Growth Stage

Formulate your custom skincare

Formulate your custom skincare

Overview

Raised to Date: Raised: $1,414,463

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

06/30/2021

Close Date

08/06/2022

Min. Goal
$400,000
Max. Goal
$60,000,000
Min. Investment

$990

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegA+    Open SEC Filing

Price Per Share

$6.60

Pre-Money Valuation

$171,922,311

Rolling Commitments ($USD)

Status
Funded
Reporting Date

05/05/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$3,519

# of Investors

511

Momentum
Funded
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Year Founded

2017

Industry

Beauty & Personal Care

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

St. Petersburg, Florida

Business Type

Growth

Company Website

Proven, with a valuation of $171.9 million, is raising funds independently via Regulation A+. The company creates personalized skincare products using a Skin Genome Quiz™. The results take into account lifestyle, environment, and other various factors. The products are cruelty-free and paraben-free. The current crowdfunding campaign has a minimum target of $400000 and a maximum target of $60 million. The minimum investment is $990.

Balance Sheet

Cash and Cash Equivalents

$3,195,157

Investment Securities

$0

Accounts and Notes Receivable

$0

Property, Plant and Equipment (PP&E)

$0
Total Assets

$5,675,279

Accounts Payable & Accrued Liabilities

$907,887

Long Term Debt

$0

Total Liabilities

$12,920,458

Total Stockholders' Equity

$-7,245,179
Total Liabilities and Equity

$5,675,279

Statement of Comprehensive Income Information

Total Revenues

$9,707,160

Costs & Expenses Applicable to Rev

$3,267,914

Depreciation and Amortization

$0
Net Income

$-2,874,263

Earnings Per Share - Basic

$-0.33

Earnings Per Share - Diluted

$-0.33
Auditor: dbbMcKennon
Financials as of: 06/30/2021
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Proven 10/31/2023 Dalmore Group $314,547,064 $1,554,960 Equity - Preferred Active RegA+
Proven 08/06/2022 Dalmore Group $171,922,311 $1,414,463 Equity - Common Funded RegA+
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Proven on Issuance 2021
Platform: Dalmore Group
Security Type: Equity - Common
Valuation: $171,922,311
Price per Share: $6.60

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Follow Proven on Issuance 2021
View on Dalmore Group (Closed)
Deal Analytics
Company Ratings

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