Smartass & Sass

Smartass & Sass

Growth Stage

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

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

Overview

Raised this Round: Raised: $0

Total Commitments ($USD)

Platform

Wefunder

Start Date

06/16/2022

Close Date

10/17/2022

Min. Goal
$100,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

Convertible Note

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$8,000,000

Discount

15%

Year Founded

2016

Industry

Consumer Products, Goods & Services

Tech Sector

CommerceTech

Distribution Model

B2C

Margin

Low

Capital Intensity

High

Location

Lincoln, Nebraska

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: 06/16/2022
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Smartass & Sass on Wefunder 2022
Platform: Wefunder
Security Type: Convertible Note
Valuation: $8,000,000

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