Aether Beauty

Disrupting the $500B beauty industry with clean+sustainable makeup that works

Analytics

Raised to Date: $334,633

Aggregate Commitments $
Platform

Republic

Start Date

02/18/2021

Close Date

04/30/2021

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$6,000,000

Discount Rate

0%

Rolling Commitments $
Status
Funded
Reporting Date

05/02/2021

Days Remaining
Funded
% of Min. Goal

1,339%

% of Max. Goal

31%

Likelihood of Max
Funded
Avg. Daily Raise

$4,713

# of Investors

401

Momentum
Funded
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Location

Salt Lake City, Utah

Industry

Beauty & Personal Care

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Aether Beauty, with a valuation cap of $6 million, is raising funds on Republic. The company is disrupting the beauty industry with its clean and sustainable makeup that works. The products of Aether Beauty are bridging the gap between clean ingredients and effective performance. Tiila Abbitt founded Aether Beauty in February 2019. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1,070,000, and the proceeds will be used to grow the business, launch new products, diversify sales channels, build out an influencer program, and launch sampling. Aether Beauty has sold over 80,000 units and generated more than $2 million in net sales since launch.
Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$1,087,246

$178,945

COGS

$684,672

$64,219

Tax

$0

$214

 

 

Net Income

$-2,238

$11,561

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$85,153

$79,992

Accounts Receivable

$286,866

$29,425

Total Assets

$739,986

$153,431

Short-Term Debt

$599,613

$10,820

Long-Term Debt

$100,000

$0

Total Liabilities

$699,613

$10,820

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