Trace Femcare

Early Stage

First farm-to-body tampon with hemp fiber - leading innovation for period care

Overview

Raised to Date: Raised: $332,440

Total Commitments ($USD)

Platform

Wefunder

Start Date

10/31/2022

Close Date

01/31/2023

Min. Goal

$50,000

Max. Goal

$550,000

Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$7,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

02/05/2023

Days Remaining
Funded
% of Min. Goal

665%

% of Max. Goal

60%

Likelihood of Max
Funded
Avg. Daily Raise

$3,613

# of Investors

105

Momentum
Funded
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Year Founded

2020

Industry

Consumer Products, Goods & Services

Tech Sector

Retailtech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

Franklin, Tennessee

Business Type

Growth

Trace Femcare, with a valuation of $7 million, is raising funds on Wefunder. The company makes farm-to-body tampons using hemp fiber. The tampons of Trace Femcare are innovating period care and made using hemp fiber and Climate Beneficial cotton. Trace Femcare products are toxin-free, biodegradable, and traceable to the farm level for the whole truth. Claire Crunk, Megan Galaske, and Olaf Isele founded Trace Femcare in August 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $550,000. The campaign proceeds will be used for inventory, research and development, regulatory filings, marketing, and general and administrative expenses.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-186,112

$-7,566

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$21,626

$2,434

Accounts Receivable

$0

$0

Total Assets

$21,626

$2,434

Short-Term Debt

$0

$0

Long-Term Debt

$170,000

$0

Total Liabilities

$170,000

$0

Financials as of: 10/31/2022
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Trace Femcare on Wefunder 2022
Platform: Wefunder
Security Type: SAFE
Valuation: $7,000,000

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