Sea N’ Soul (2022)

Sea N’ Soul (2022)

About this raise

Sea N’ Soul, with a valuation of $5 million, is raising funds on Fundify. It is a social marketplace for the resale and repurchase of outdoor gear and apparel. The app allows users to buy or sell surfboards, skateboards, backpacks, and more. The aim of Sea N’ Soul is to reduce overconsumption and give back to earth. The business earns by charging a 20% transaction fee, while shipping is paid by the buyers. John Kozlowski founded Sea N’ Soul in January 2020. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,000,000. The campaign proceeds will be used for growth and expansion.

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Investment Overview

Not Funded: $1,000

Deal Terms

Total Commitments

Platform
Fundify
Start Date
04/07/2022
Close Date
10/29/2022
Min. Goal
$25,000
Max Goal
$1,000,000
Min. Investment

$50

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$5,000,000

Discount

20%

Company & Team

Company

Year Founded
2020
Industry
Consumer Products, Goods & Services
Tech Sector
MarketplaceTech
Distribution Model
C2C
Margin
Medium
Capital Intensity
Low
Location
Malibu, California
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
John Kozlowski
Title
Founder
Founder Name
Erica Reams
Title
Advisor

Financials

 Revenue
$0
 Cash on Hand
$25,364

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$25,364

$0

Accounts Receivable

$0

$0

Total Assets

$170,064

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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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
05/01/2023 StartEngine $4,303,125 $3,583 Equity - Common Not Funded RegCF
10/29/2022 Fundify $5,000,000 $1,000 SAFE Not Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio
Sea N’ Soul on Fundify 2022
Platform: Fundify
Security Type: SAFE
Valuation: $5,000,000

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Follow Sea N’ Soul on Fundify 2022

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Warning: according to the close date for this deal, Sea N’ Soul may no longer be accepting investments.

Sea N’ Soul Deal Report

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  • Scores on the founding team and key personnel's background and expertise

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