Smartass & Sass

Growth Stage

A monthly subscription box—and online shop—for mouthy mofos

Analytics

Raised to Date: Raised: $121,460

Aggregate Commitments $

Platform

Wefunder

Start Date

06/17/2022

Close Date

04/30/2023

Min. Goal

$100,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

Convertible Note

Funding Type

RegCF

Series

Seed

Valuation Cap

$8,000,000

Discount Rate

15%

Rolling Commitments $

Status

Active

Reporting Date

06/25/2022

Days Remaining

309

% of Min. Goal

121%

% of Max. Goal

11%

Likelihood of Max
extremely
Avg. Daily Raise

$15,183

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Location

Lincoln, Nebraska

Industry

Consumer Products, Goods & Services

Tech Sector

CommerceTech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Business Type

Growth

Smartass & Sass, with a valuation of $8 million, is raising funds on Wefunder. It is a monthly subscription box and online shop for mouthy mofos. The team at Smartass & Sass and its partners research and curate a box full of trendy and snarky items each month that make people laugh. Smartass & Sass has over 4,300 current active subscribers and generated $3.9 million in revenue in 2021 compared to $2.5 million in 2020. Abby Bartholomew and Kim Blankenburg founded Smartass & Sass in October 2016. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,070,000. The campaign proceeds will be used for ad spending, debt repayment, product line development, team growth, and new sales platforms.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$3,755,117

$2,401,480

COGS

$2,780,684

$1,842,483

Tax

$0

$32,575

 

 

Net Income

$-214,711

$84,212

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$21,821

$172,811

Accounts Receivable

$0

$0

Total Assets

$965,767

$317,918

Short-Term Debt

$799,800

$108,872

Long-Term Debt

$505,557

$168,736

Total Liabilities

$1,305,357

$277,608

Financials as of: 06/17/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Analyst Report Analyst Report Methodology Article

Pending Review

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Smartass & Sass on Wefunder 2022
$
Platform: Wefunder
Security Type: Convertible Note
Valuation: $8,000,000

Follow company

Follow Smartass & Sass on Wefunder 2022
View on Wefunder
Bullish / Bearish
You're Bullish on Smartass & Sass on Wefunder 2022

Thank you for your vote on Smartass & Sass on Wefunder 2022

Bullish / Bearish
You're Bearish on Smartass & Sass on Wefunder 2022

Thank you for your vote on Smartass & Sass on Wefunder 2022