Thomsen’s

Thomsen’s

Closed: Apr. 2023

About this raise

Thomsen’s, with a valuation of $15 million, is raising funds on Republic. The company is a leader in clean-touch technologies and has developed a clean and efficient system for public health and safety. The business has pioneered in premium escalator handrails cleaning system, The Maestro Escalator Handrail Cleaning System, that sanitizes both handrails in just 15 minutes. Thomsen’s is already present in many airports, Hard Rock Cafe, and Madison Square Garden, and aims to expand nationally and internationally soon. Chris Thomson and Jackie Thomsen founded Thomsen’s in February 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.24 million. The campaign proceeds will be used for strategic marketing activity and management.

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Investment Overview

Invested this round: $67,091

Deal Terms

Total Commitments

Platform
Republic
Start Date
02/17/2023
Close Date
04/17/2023
Min. Goal
$25,000
Max Goal
$1,235,000
Min. Investment

$100

Security Type

SAFE

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$15,000,000

Discount

0%

Company & Team

Company

Year Founded
2021
Industry
Consumer Products, Goods & Services
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Location
Seattle, Washington
Business Type
Growth
Company Website
Visit Website

Team

Employees
8
Prior Founder Exits?
No
Founder Name
Chris Thomsen
Title
CTO
Founder Name
Jackie Thomsen
Title
CEO

Financials

 Revenue
$43,474
as of FY2021
 Monthly Burn
$38,629
as of FY2021
 Runway
0.1 months
as of FY2021
 Gross Margin
52%
as of FY2021

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$43,474

$0

COGS

$21,076

$0

Tax

$0

$0

 

 

Net Income

$-463,548

$0

Summary Balance Sheet

FY 2021 FY 2020

Cash

$3,316

$0

Accounts Receivable

$270

$0

Total Assets

$79,959

$0

Short-Term Debt

$160,102

$0

Long-Term Debt

$289,142

$0

Total Liabilities

$449,244

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$272,010
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/17/2023 Republic $15,000,000 $67,091 SAFE Funded RegCF
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Thomsen’s on Republic 2023
Platform: Republic
Security Type: SAFE
Valuation: $15,000,000

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