Rebundle

Rebundle

Closed: Oct. 2024

About this raise: Rebundle is raising funds on Honeycomb. It is the first US-made plant-based hair extension brand revolutionizing hair extensions. Rebundle hair extensions are made from naturally extracted banana fiber and are non-toxic, itch-free, and biodegradable after use. The business has a loyal customer base and offers more comfort and less waste for the consumers. Ciara May founded Rebundle in November 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $100,000. The campaign proceeds will be used for inventory, pop-ups, trade shows, and community events, documentary production, retail expansion, and filing fees for international patent protection.

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Investment Overview

Invested this round: $47,900

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
08/20/2024
Close Date
10/28/2024
Min. Goal
$50,000
Max. Goal
$100,000
Min. Investment

$100

Security Type

Debt

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Interest Rate

14.00%

Term Length

3.0 years

Company & Team

Company

Year Founded
2019
Industry
Beauty & Personal Care
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Brooklyn, New York
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Ciara Imani May
Title
CEO

Financials

as of Fiscal Year 2023
 Revenue +203% YoY
$126,360
 Monthly Burn
$74,299
 Runway
5.5 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$126,360

$41,675

COGS

$180,214

$147,128

Tax

$0

$0

 

 

Net Income

$-891,587

$-758,794

Summary Balance Sheet

FY 2023 FY 2022

Cash

$411,425

$1,197,365

Accounts Receivable

$0

$1,137

Total Assets

$740,434

$1,452,952

Short-Term Debt

$181,948

$16,787

Long-Term Debt

$0

$0

Total Liabilities

$181,948

$16,787

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$0
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
10/28/2024 Honeycomb - $47,900 Debt Funded RegCF
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Add to portfolio
Rebundle on Honeycomb 2024
Platform: Honeycomb
Security Type: Debt

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

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