Studio Pod

Studio Pod

Early Stage

Automated professional photography studio for headshots

Automated professional photography studio for headshots

Overview

Raised to Date: Raised: $36,076

Total Commitments ($USD)

Platform

Republic

Start Date

03/10/2024

Close Date

07/05/2024

Min. Goal
$50,000
Max. Goal
$1,235,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$15,000,000

Discount

20%

Rolling Commitments ($USD)

Status

Active

Reporting Date

04/15/2024

Days Remaining

80

% of Min. Goal

72%

% of Max. Goal

3%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,002

# of Investors

33

Momentum
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Year Founded

2022

Industry

Consumer Products, Goods & Services

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

High

Location

Houston, Texas

Business Type

Growth

Studio Pod, with a valuation of $15 million, is raising funds on Republic. The company has created automated professional photography studios for headshots. Studio Pod is a self-service studio that works at a 33% lower cost than in-person photographers and produces high-quality and consistent photographs with TrueTone lighting. The business serves companies like Dell, ConocoPhillips, Shell, and UBS and has generated $320,000 in revenue in the last twelve months. Joseph West and Chris Bailey founded Studio Pod in December 2022. 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 technology, research, product development, sales and marketing, and working capital.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$309,968

$206,554

COGS

$75,302

$34,399

Tax

$0

$0

 

 

Net Income

$-541,390

$35,714

Summary Balance Sheet

FY 2023 FY 2022

Cash

$306,780

$37,850

Accounts Receivable

$11,854

$0

Total Assets

$500,346

$303,129

Short-Term Debt

$130,004

$83,700

Long-Term Debt

$927,490

$250,000

Total Liabilities

$1,057,494

$333,700

Financials as of: 03/10/2024
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Studio Pod on Republic 2024
Platform: Republic
Security Type: SAFE
Valuation: $15,000,000

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