A Boring Life

Top Deal
BETA

CBD snacks for a relaxed lifestyle

Analytics

Raised to Date: $111,173

Aggregate Commitments $
Platform

Republic

Start Date

01/27/2020

Close Date

07/30/2020

Min. Goal

$25,000

Max. Goal

$428,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$3,500,000

Discount Rate

20%

Weekly Commitments $
Status
Funded
Reporting Date

08/02/2020

Days Remaining
Funded
% of Min. Goal

445%

% of Max. Goal

26%

Likelihood of Max
Funded
Avg. Daily Raise

$601

# of Investors

492

Momentum
Funded
Location
Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Business Type

Growth

A Boring Life, with a valuation cap of $3.5 million, is raising crowdfunding on Republic. The company manufactures and sells high-quality CBD snacks to promote wellness and alleviate anxiety. The products of A Boring Life are carefully curated and made from natural ingredients. A Boring Life’s family of products includes nuts and honey, and will soon add pet products. The company was founded by Jen Johnson and Serafina Palandech in August 2018 and raised $107,000 in its previous round of crowdfunding. The current crowdfunding round has a minimum target of $25,000 and a maximum target of $438,000, and the proceeds will be used towards operations, sales and marketing, research and development, and general and administrative expenses. A Boring Life has retail partners all across the country and expects to scale, with a projected profit of $4 million by 2021.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$26,014

$0

COGS

$18,429

$0

Tax

$0

$0

 

 

Net Income

$-299,107

$0

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$68,764

$0

Accounts Receivable

$3,443

$0

Total Assets

$87,642

$0

Short-Term Debt

$48,320

$0

Long-Term Debt

$255,926

$0

Total Liabilities

$304,246

$0

Summary of Crowdfunding Raises
Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
07/30/2020 Republic $3,500,000 $111,173 SAFE Confirmed Closed RegCF
10/14/2019 Microventures $3,500,000 $107,000 Convertible Note Confirmed Closed RegCF

Ratings

last updated 08/23/2020

Ratings Platform - Beta Trial

Our new ratings and analytics platform is currently in Beta. To gain access to the Beta platform features, upgrade to a Pro paid account and accept the Beta terms on any page.

For a limited time, use coupon code "TRYMERLIN20" for a free 20 day trial of Kingscrowd Pro and Merlin Beta. Your paid subscription will activate at the end of 20 days. Cancel anytime.
Other Deals

Cornbread Hemp on Wefunder

The Cornbread Hemp team has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved…

Crowd
Grady’s Cold Brew on StartEngine

Grady’s Cold Brew has been selected as a “Deal to Watch” by KingsCrowd. This distinction is reserved for…

Crowd
El Tinieblo International on StartEngine

Agave spirits such as Tequila and Mezcal have been growing in popularity. In 2018, US consumption of Mezcal…

Crowd
Create your first portfolio
WELCOME TO YOUR OWN INVESTMENTS 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
Add A Boring Life on Republic
Follow company
Follow A Boring Life on Republic