The Cru

The Cru

Closed: Apr. 2023

About this raise

The Cru, with a valuation of $8.75 million, is raising funds on Republic. The company helps women meet their life goals and helps companies retain them through community, data, and insights. The platform provides a structured way for women to build meaningful relationships with peers, diversify their professional network, and realize their life goals. The Cru has a pipeline of $8 million, an ARR of $696,000, and 91% retention. Tiffany Dufu founded The Cru in August 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $500,000. The campaign proceeds will be used for technology and product development, sales and marketing, and general administration.

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Investment Overview

Invested this round: $104,813

Deal Terms

Total Commitments

Platform
Republic
Start Date
03/02/2023
Close Date
04/24/2023
Min. Goal
$25,000
Max Goal
$500,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$8,750,000

Discount

0%

Company & Team

Company

Year Founded
2019
Industry
Business Services, Software, & Applications
Tech Sector
EnterpriseTech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
New York, New York
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Tiffany Dufu
Title
CEO

Financials

 Revenue +66% YoY
$704,477
as of FY2021
 Monthly Burn
$97,678
as of FY2021
 Runway
2.3 months
as of FY2021
 Gross Margin
57%
as of FY2021

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$704,477

$241,971

COGS

$302,392

$89,949

Tax

$0

$0

 

 

Net Income

$-1,172,139

$-906,626

Summary Balance Sheet

FY 2021 FY 2020

Cash

$222,773

$1,452,809

Accounts Receivable

$321,048

$115,943

Total Assets

$1,048,608

$1,762,615

Short-Term Debt

$656,080

$387,947

Long-Term Debt

$190,000

$0

Total Liabilities

$846,080

$387,947

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$1,101,337
VC Backed?
Yes
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/24/2023 Republic $8,750,000 $104,813 SAFE Funded RegCF
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Add to portfolio
The Cru on Republic 2023
Platform: Republic
Security Type: SAFE
Valuation: $8,750,000

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Follow The Cru on Republic 2023

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Warning: according to the close date for this deal, The Cru may no longer be accepting investments.

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