Recovering Bro

Early Stage

An integrative health & fitness company

Overview

Raised to Date: Raised: $1,301

Total Commitments ($USD)

Platform

Netcapital

Start Date

02/02/2023

Close Date

04/03/2023

Min. Goal

$10,001

Max. Goal

$1,000,000

Min. Investment

$99

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.99

Pre-Money Valuation

$7,920,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

03/27/2023

Days Remaining

7

% of Min. Goal

13%

% of Max. Goal

0%

Likelihood of Max
unlikely
Avg. Daily Raise

$25

Momentum
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Year Founded

2021

Industry

Healthcare & Pharmaceuticals

Tech Sector

HealthTech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Chicago, Illinois

Business Type

Growth

Recovering Bro, with a valuation of $7.9 million, is raising funds on NetCapital. It is a health and fitness company that uses technology, comedy, and content to sell nutritional supplements. The premium nutritional supplements of Recovering Bro are made by combining eastern herbs with modern nutrients and help people feel better all day. The business has grown through online sales and its first brick-and-mortar store and plans to keep growing through national retailers and the military. Dr. Dusten Nelson, David Summers, and Jonathan Thompson founded Recovering Bro in February 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1 million. The campaign proceeds will be used for advertising, marketing and sales, inventory, and payroll.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$9,787

$0

COGS

$35,768

$0

Tax

$0

$0

 

 

Net Income

$-59,120

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$37,520

$0

Accounts Receivable

$0

$0

Total Assets

$40,922

$0

Short-Term Debt

$0

$0

Long-Term Debt

$100,000

$0

Total Liabilities

$100,000

$0

Financials as of: 02/02/2023
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Recovering Bro on NetCapital 2023
Platform: Netcapital
Security Type: Equity - Common
Valuation: $7,920,000

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