Vitaclean
About this raise
Vitaclean, with a valuation of $5 million, is raising funds on SeedInvest. The company makes and sells triple-filtered shower heads that capture harsh minerals, pipe rust, and dirt. The shower heads protect users’ hair and skin from harmful chemicals and are also infused with vitamin C and essential oils to improve skin and hair conditions while giving a spa-like shower experience. Vitaclean has generated $1.7 million in lifetime revenue, with revenue growth of 53% from 2020 to 2021. Sara Douglas and Kristina Velkova founded Vitaclean in December 2021. The current crowdfunding campaign has a minimum RegCF target of $25,000, a minimum raise target of $500,000, and a maximum target of $1 million. The campaign proceeds will be used for marketing, launching a new product line, and developing an interactive customer database.
Investment Overview
$534,800 - Total
Deal Terms
Total Commitments
- Platform
- SeedInvest
- Start Date
- 11/22/2022
- Close Date
- 01/20/2023
$25,000
$1,000,000
$1,000
SAFE
Seed
RegCF
/ RegD 506(c)
$5,000,000
20%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +52% YoY
- $546,741
- Monthly Burn
- $12,103
-
Runway
- 6.6 months
- Gross Margin
- 58%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $290,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/20/2023 | SeedInvest | $5,000,000 | $534,800 | SAFE | Funded | RegCF / RegD 506(c) |