Quim
About this raise: Quim, with a $10 million valuation cap, is raising funds on Republic. The company makes plant-based intimate wellness products, especially focused on vaginal health. The products of Quim combat vaginal dryness, yeast infections, low libido, UTIs, and other problems. The suite of products come in the form of serums or oils and contain THC or CBD. Quim was founded by Cyo Ray Nystrom and Rachel Washtien in October 2016 and has raised over $913,000 since its inception. The proceeds of the current crowdfunding campaign, with a minimum target of $25,000 and a maximum target of $1,070,000, will be used to expand, deepen community engagement, and diversify advertising channels. Quim has sold over 19,000 units and reported a ten times increment in revenue from 2018 to 2019.
Investment Overview
Invested : $317,989
Deal Terms
Total Commitments ($USD)
- Platform
- Republic
- Start Date
- 09/16/2020
- Close Date
- 01/22/2021
$25,000
$1,070,000
$100
SAFE
Seed
RegCF
$10,000,000
20%
Company & Team
Company
- Year Founded
- 2016
- Industry
- Beauty & Personal Care
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Team
- Employees
- 3
Financials
- Revenue +1,448% YoY
- $201,219
- Monthly Burn
- $14,847
-
Runway
- 13 months
- Gross Margin
- 10%
Upgrade to gain access
-
$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
Edge
Ratings 
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/22/2021 | Republic | $10,000,000 | $317,989 | SAFE | Funded | RegCF |