The Ladies Room
About this raise
The Ladies Room is raising funds on Honeycomb. It is a health and wellness business in Seattle, Washington, that provides a safe and inclusive space for relaxation. The Ladies Room offers massages, facials, body treatments, and hydrotherapy services, including cold plunges, saunas, steam rooms, and soaking pools. The business caters to those who identify as females and offers a rejuvenating and relaxing environment. Christina Glenn and Christy Donnelly founded The Ladies Room in February 2022. The current crowdfunding campaign has a minimum target of $90,000 and a maximum target of $124,000. The campaign proceeds will be used to purchase a new steam room generator and new robes, repair and retile pool decking and spa floors and stairs, create a third treatment room, hire a front desk manager, and refinance high-interest debt.
Investment Overview
Invested : $71,100
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 09/30/2024
- Close Date
- 10/31/2024
$45,000
$124,000
$100
Debt
Quarterly
RegCF
12.00%
3.0 years
Company & Team
Company
- Year Founded
- 2022
- Industry
- Fitness & Wellness
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +678% YoY
-
$1,000,670
as of FY2023
- Monthly Burn
-
Profitable
as of FY2023
-
Cash on Hand
-
$80,859
as of FY2023
- Gross Margin
-
46%
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/31/2024 | Honeycomb | - | $71,100 | Debt | Funded | RegCF |