Sanara
Early Stage
Beauty rituals powered by indigenous Latin American botanicals
Overview
Raised: $59,000
Total Commitments ($USD)
Platform
Wefunder
Start Date
03/23/2023
Close Date
09/01/2023
Min. Goal
$50,000
Max. Goal
$90,300
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$3,000,000
Discount
30%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
09/29/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$366
# of Investors
30
Momentum
Funded
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Year Founded
2016
Industry
Beauty & Personal Care
Tech Sector
Retailtech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Sanara, with a valuation of $3 million, is raising funds on Wefunder. The company makes plant-based skincare products using Latin American botanicals. The products of Sanara are made using clean ingredients and are suitable for skin sensitivities. Sanara products were launched at Four Seasons Vail in November 2021 and are in talks to be launched at Ritz Carlton and Four Season spas. Rebekah Jasso Jensen founded Sanara in January 2016. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $90,300. The campaign proceeds will be used for packaging, manufacturing, and marketing.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$30,318 |
$17,407 |
|
COGS |
$37,100 |
$18,084 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-54,917 |
$-46,679 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$725 |
$4,496 |
|
Accounts Receivable |
$2,620 |
$1,730 |
|
Total Assets |
$21,153 |
$22,295 |
|
Short-Term Debt |
$146,614 |
$128,918 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$146,614 |
$128,918 |
Financials as of: 03/23/2023
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