Trace Femcare
About this raise
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.
Investment Overview
Invested : $332,440
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 10/31/2022
- Close Date
- 01/31/2023
$50,000
$550,000
$100
SAFE
Early Stage
RegCF
$7,000,000
20%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $450,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/31/2023 | Wefunder | $7,000,000 | $332,440 | SAFE | Funded | RegCF |