Zwizzy
About this raise
Zwizzy is raising funds on Honeycomb. The company delivers a powerful cleaning solution through its innovative disposable mitten. Zwizzy’s hypoallergenic mitten and its antimicrobial formula cover more surface area, reduce cross-contamination, and are suitable for both personal and professional spaces. The business offers a safer alternative to conventional cleaning methods and is HUB-certified and SWUC-certified. Vanessa Wiggins-Ramseur and Quentin Ramseur founded Zwizzy in November 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $50,000. The campaign proceeds will be used to refinance high-interest debt and purchase product materials.
Investment Overview
Not Funded: $1,761
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 10/22/2024
- Close Date
- 12/04/2024
$25,000
$50,000
$100
Debt
Quarterly
RegCF
14.00%
3.0 years
Company & Team
Company
- Year Founded
- 2021
- Industry
- Healthcare & Pharmaceuticals
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
-
Revenue
-
$788
as of FY2023
- Monthly Burn
-
$1,516
as of FY2023
-
Runway
-
0.5 months
as of FY2023
- Gross Margin
-
47%
as of FY2023
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/04/2024 | Honeycomb | - | $1,761 | Debt | Not Funded | RegCF |