Splish Naturals

Splish Naturals

Closed: Apr. 2024

About this raise

Splish Naturals is raising funds on Silicon Prairie Online. The company makes consumer and retailer products that help in the reduction of pain, inflammation, and cramping. Splish Naturals products are made using all-natural plant extracts that are safe to use and highly effective. The products of Splish Naturals are mainly used by athletes, pilots, first responders, and other people in pain. Matt Walsh founded Splish Naturals in November 2019. The current crowdfunding campaign has a minimum target of $20,000 and a maximum target of $1.2 million. The campaign proceeds will be used for growing brand awareness and sales and strengthening the supply chain.

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Investment Overview

Not Funded: $3,900

Deal Terms

Total Commitments

Platform
Silicon Prairie Online
Start Date
09/20/2023
Close Date
05/01/2024
Min. Goal
$10,000
Max Goal
$150,000
Min. Investment

$200

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$19,207,760

Company & Team

Company

Year Founded
2019
Industry
Fitness & Wellness
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
Low
Location
Frisco, Colorado
Business Type
Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
Yes
Founder Name
Matt Walsh
Title
CEO

Financials

as of Fiscal Year 2022
 Revenue
$81,098
 Monthly Burn
$9,309
 Runway
2.2 months
Gross Margin
86%

Summary Profit and Loss Statement

FY 2022 FY 2021

Revenue

$81,098

$49,176

COGS

$11,418

$16,911

Tax

$499

$207

 

 

Net Income

$-111,703

$-22,972

Summary Balance Sheet

FY 2022 FY 2021

Cash

$20,288

$11,928

Accounts Receivable

$5,223

$6,926

Total Assets

$98,606

$54,587

Short-Term Debt

$22,121

$13,291

Long-Term Debt

$10,388

$17,288

Total Liabilities

$32,510

$30,578

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$278,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
05/01/2024 Silicon Prairie Online $19,207,760 $3,900 Equity - Common Not Funded RegCF
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Splish Naturals on Silicon Prairie Online 2023
Platform: Silicon Prairie Online
Security Type: Equity - Common
Valuation: $19,207,760
Price per Share: $10.00

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