This company is no longer in business. Investors can get details about any potential exits or failures here.

A Boring Life

A Boring Life

Early Stage

CBD snacks for a relaxed lifestyle

CBD snacks for a relaxed lifestyle

Overview

Raised to Date: Raised: $111,173

Total Commitments ($USD)

Platform

Republic

Start Date

01/26/2020

Close Date

07/30/2020

Min. Goal
$25,000
Max. Goal
$428,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$3,500,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

08/01/2020

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$601

# of Investors

492

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

2019

Industry

Alcohol, Tobacco, & Recreational Drugs

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Low

Capital Intensity

Low

Location

Boring, Oregon

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

Financials as of: 01/26/2020
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
A Boring Life 07/29/2020 Republic $3,500,000 $111,173 SAFE Funded RegCF
A Boring Life 10/13/2019 Microventures $3,500,000 $107,000 Convertible Note Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

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

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Analyst Report Analyst Report Methodology Article

Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
A Boring Life on Republic
Platform: Republic
Security Type: SAFE
Valuation: $3,500,000

Follow company

Follow A Boring Life on Republic

Buy A Boring Life's Deal Report

Warning: according to the close date for this deal, A Boring Life may no longer be accepting investments.

A Boring Life Deal Report

Get KingsCrowd’s comprehensive report on A Boring Life including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether A Boring Life is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise
  • Our deep-dive analyst report reviewing the deal's investment potential and bullish vs. bearish outlook

Buy the A Boring Life deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge