Upbounders

Early Stage

Toy & Game Manufacturing

Analytics

Raised to Date: Raised: $200,000

Aggregate Commitments $

Platform

SMBX

Start Date

09/15/2022

Close Date

11/29/2022

Min. Goal

$50,000

Max. Goal

$250,000

Min. Investment

$10

Security Type

Debt

Funding Type

RegCF

Rolling Commitments $

Status
Funded
Reporting Date

11/30/2022

Days Remaining
Funded
% of Min. Goal

400%

% of Max. Goal

80%

Likelihood of Max
Funded
Avg. Daily Raise

$2,667

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Location

Washington, District of Columbia

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Business Type

Growth

Upbounders is raising funds on SMBX. The company makes high-quality screen-free toys for kids. The premium puzzles and games of Upbounders feature original artwork and are made with non-toxic inks and FSC-certified paper that is environment-friendly, socially responsible, and economically viable. The products of Upbounders represent cultural and ethnic differences accurately and clearly and are sold at Nordstrom, Target, Camp Stores, Amazon, and Maisonette. Kemi Tignor founded Upbounders in January 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $250,000. The campaign proceeds will be used for advertising, refinancing debt, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$577,758

$334,814

COGS

$247,083

$84,195

Tax

$0

$0

 

 

Net Income

$150,012

$28,569

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$17,855

$11,055

Accounts Receivable

$103,609

$44,698

Total Assets

$153,459

$61,686

Short-Term Debt

$74,622

$60,840

Long-Term Debt

$58,755

$38,302

Total Liabilities

$133,377

$99,142

Financials as of: 09/15/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$12.42 /month
billed annually
Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings (excluding risk)
Advanced company search ( with ratings)
Markets page filters and historical industry data
Get Edge Annual

Edge Pro

$41.58 /month
billed annually
Full site access including KingsCrowd's qualitative analyst reports.
Plan Includes:
Everything in Edge, plus
Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
Search and filter based on Analyst Reports
In-depth risk ratings for every raise
Get Edge Pro Annual
Already a member? Log in here.

Create your first portfolio

Create your very own investment portfolio on KingsCrowd.

Now you can track all of your startup investments in one place utilizing our state-of-the-art portfolio tracker tools. To begin, create your first portfolio below.

Add to portfolio
Upbounders on SMBX 2022
$
Platform: SMBX
Security Type: Debt

Follow company

Follow Upbounders on SMBX 2022
View on SMBX (Closed)
Bullish / Bearish
You're Bullish on Upbounders on SMBX 2022

Thank you for your vote on Upbounders on SMBX 2022

Bullish / Bearish
You're Bearish on Upbounders on SMBX 2022

Thank you for your vote on Upbounders on SMBX 2022