Tokki

Tokki

Closed: Mar. 2023

About this raise

Tokki, with a valuation of $20 million, is raising funds on StartEngine. The company is focused on making gifting more meaningful and sustainable. It allows users to attach videos and photos to gifts using unique QR codes and pair them with gift bags made of recycled water bottles. Tokki has ten patented filed and pending in the US, Canada, Europe, China, Japan, Korea, and Australia and is reducing waste with each gift given. Jane Park and Taylor Hoit founded Tokki in March 2022. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1.24 million. The campaign proceeds will be used to establish a distribution partnership with an international, publicly-traded retailer.

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Investment Overview

Invested this round: $201,990

Deal Terms

Total Commitments

Platform
StartEngine
Start Date
11/04/2022
Close Date
03/07/2023
Min. Goal
$10,000
Max Goal
$1,235,000
Min. Investment

$250

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.00

Pre-Money Valuation

$20,000,000

Company & Team

Company

Year Founded
2022
Industry
Consumer Products, Goods & Services
Tech Sector
Retailtech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
Low
Location
Wilmington, Delaware
Business Type
Growth
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
Yes
Founder Name
Jane Hyo-Sung Park
Title
CEO
Founder Name
Taylor Hoit
Title
COO, CTO

Financials

 Revenue -59% YoY
$181,376
 Monthly Burn
$47,988
 Runway
0.4 months

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$181,376

$441,095

COGS

$281,876

$561,204

Tax

$0

$0

 

 

Net Income

$-575,850

$-606,158

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$19,284

$16,659

Accounts Receivable

$0

$0

Total Assets

$26,348

$24,288

Short-Term Debt

$10,536

$55,308

Long-Term Debt

$35,292

$20,655

Total Liabilities

$45,828

$75,963

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$1,913,854
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
03/07/2023 StartEngine $20,000,000 $201,990 Equity - Common Funded RegCF
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Add to portfolio
Tokki on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $20,000,000
Price per Share: $2.00

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Follow Tokki on StartEngine 2022

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

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