Suncliff
About this raise: Suncliff, with a valuation of $30 million, is raising funds on Wefunder. The company makes products and formulas designed to improve core experiences, from sleep to social events. Suncliff’s innovative line of experience products includes CBD pillows, terpene gems, and CBD pills. The CBD pillows of Suncliff launched in hundreds of retail stores nationwide, leading the company to a record Q1 with over $500,000 in sales and beat those numbers in Q2. Jacob George founded Suncliff in July 1998. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for advertising, social marketing, promotions, operating expenses, packaging, inventory, supplies, audit and corporate expansion, and reserves.
Investment Overview
Committed $53,420 :
Deal Terms
Company & Team
Company
- Year Founded
- 1998
- Industry
- Fitness & Wellness
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- High
- Capital Intensity
- Low
Financials
- Revenue +14% YoY
- $514,369
- Monthly Burn
- $84,954
-
Runway
- 0.3 months
- Gross Margin
- 88%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $4,994,421
- VC Backed?
- Yes
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
01/31/2025 | Wefunder | $30,000,000 | $53,420 | SAFE | Active | RegCF |