SpongeBath
Sponge holder with patented cleaning technology that sanitizes kitchen sponges
Overview
Raised: $64,800
Rolling Commitments ($USD)
04/30/2023
$736
99
2013
Consumer Products, Goods & Services
Non-Tech
B2C
High
Low
Summary Profit and Loss Statement
FY 2021 | FY 2020 | |
---|---|---|
Revenue |
$353,500 |
$140,057 |
COGS |
$74,372 |
$45,758 |
Tax |
$10,113 |
$3,205 |
| ||
| ||
Net Income |
$-63,802 |
$-103,193 |
Summary Balance Sheet
FY 2021 | FY 2020 | |
---|---|---|
Cash |
$34,940 |
$108,021 |
Accounts Receivable |
$2,086 |
$4,641 |
Total Assets |
$111,990 |
$193,350 |
Short-Term Debt |
$0 |
$0 |
Long-Term Debt |
$137,510 |
$155,068 |
Total Liabilities |
$137,510 |
$155,068 |
Raise History
Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
SpongeBath | 04/29/2023 | Republic | $10,000,000 | $64,800 | SAFE | Funded | RegCF |
SpongeBath | 03/07/2019 | SeedInvest | $5,000,000 | $24,000 | Convertible Note | Not Funded | RegCF / RegD 506(c) |
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
Valuation History
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Employee History
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