The Lieu
Early Stage
Building better bathroom experiences for women in the workplace
Overview
Raised: $73,109
Total Commitments ($USD)
Platform
Republic
Start Date
11/04/2019
Close Date
04/29/2020
Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment
$100
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$5,000,000
Discount
10%
Rolling Commitments ($USD)
Status
Funded
Reporting Date
05/03/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$413
# of Investors
235
Momentum
Funded
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Year Founded
2018
Industry
Fitness & Wellness
Tech Sector
Non-Tech
Distribution Model
B2B
Margin
Low
Capital Intensity
Low
The Lieu, with a valuation cap of $5 million, is raising funds on Republic. The company is creating a better bathroom experience for women at the offices by providing premium hygiene and grooming products. The Lieu delivers a supply of face, hair, and body products in a shareable form to offices. The subscription is curated based on the budgets and needs of the organizations. The Lieu was founded by Rebecca Lima and Domonique Sims in February 2018 and is backed by Metaprop, the world’s leading property technology fund. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $1,070,000. The Lieu has a pilot partnership with WeWork and has served more than 8,000 women already. The company has also on-boarded more than 50 brands trusted by the industry, including Living Proof and R&Co.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$1,893 |
$0 |
|
COGS |
$1,893 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$1,126 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$2,126 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 11/04/2019
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Founder Profile
Founder Profile: The Lieu
For working women on the go, bringing personal care and grooming products from home to the workplace, to the gym, and back can be exhausting and overwhelming. Rebecca Lima and her team at The Lieu wanted to solve this problem. And the team already has some solid traction. This includes a paid partnership with co-working giant, WeWork. Not to mention, Rebecca and her team have big plans for the future. We got on the phone with Rebecca to learn more about how the Lieu came to be, early reviews of the product, and more-
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