selfmade
[Closed for Investment] selfmade, with a valuation of $7 million, is raising funds on Wefunder. The company implements psychodermatology science to create everyday personal products. selfmade products aim to improve mental wellbeing by rooting science and research in everyday intimate moments and emotional wellbeing. The business integrates psychology and dermatology and works on stopping the stress cycle through emotional regulation and self-care. Stephanie Lee founded selfmade in December 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1.24 million. The campaign proceeds will be used for physical and digital product build, hiring, operations, and customer care.
Investment Overview
Raised: $55,732
Deal Terms
Company & Team
Company
- Year Founded
- 2019
- Industry
- Beauty & Personal Care
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
- $59,690
- Monthly Burn
- $66,658
-
Runway
- 0.3 months
- Gross Margin
- 32%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $2,300,000
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
10/21/2023 | Wefunder | $7,000,000 | $55,732 | SAFE | Funded | RegCF |
Founder Profile
Emotional Well-being Meets Skincare: Stephanie Lee's Innovative Approach with Selfmade
Selfmade integrates psychology and dermatology to improve mental wellness through emotional regulation and self-care. The team has developed skincare products that tie into routines to improve mental health, merging psychology with dermatology. We sat down with the selfmade team to discuss the concept of psychodermatology, problems plaguing the beauty industry, and more.