Safo Hair
About this raise
Safo Hair, with a $5 million valuation cap, is raising funds on Wefunder. The company is developing a CBD-infused haircare line to promote hair and scalp health. The product line of Safo Hair is clean, non-toxic, and conscious and helps to restore the health and hydration of hair and scalp. Ellana Stinson founded Safo Hair in October 2020. The current crowdfunding round has a minimum goal of $30,000 and a maximum goal of $250,000. The raise proceeds will target manufacturing costs, advertising and marketing, social media, product development, and safety testing. Safo Hair is pre-revenue with a current waitlist. The company has also won the EforAll Accelerator Pitch Competition and Level Pitch Competition.
Investment Overview
Invested $58,250 :
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Beauty & Personal Care
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- Low
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
01/10/2022 | Wefunder | $5,000,000 | $58,250 | Convertible Note | Funded | RegCF |