Recovering Bro

Recovering Bro

Early Stage

An integrative health & fitness company

An integrative health & fitness company

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

Netcapital

Start Date

02/01/2023

Close Date

12/04/2023

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

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

FY 2022 FY 2021

Revenue

$41,233

$9,787

COGS

$81,238

$35,768

Tax

$0

$0

 

 

Net Income

$-138,880

$-59,120

Summary Balance Sheet

FY 2022 FY 2021

Cash

$21,271

$37,520

Accounts Receivable

$0

$0

Total Assets

$27,000

$40,922

Short-Term Debt

$0

$0

Long-Term Debt

$225,000

$100,000

Total Liabilities

$225,000

$100,000

Financials as of: 02/01/2023
Create a free account today to gain access to KingsCrowd analytics.

Funding data not publicly available

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /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
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Recovering Bro on NetCapital 2023
Platform: Netcapital
Security Type: Equity - Common
Valuation: $7,920,000
Price per Share: $0.99

Follow company

Follow Recovering Bro on NetCapital 2023

Buy Recovering Bro's Deal Report

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

Recovering Bro Deal Report

Get KingsCrowd’s comprehensive report on Recovering Bro including:

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

Buy the Recovering Bro deal report for only $10!

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