Buzzn

Neutral
BETA

Reconceptualizing health & wellness for pets and their humans

Analytics

Raised to Date: $8,376

Aggregate Commitments $
Platform

Republic

Start Date

04/21/2020

Close Date

12/21/2020

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$4,000,000

Discount Rate

0%

Weekly Commitments $
Status

Active

Reporting Date

12/02/2020

Days Remaining

18

% of Min. Goal

34%

% of Max. Goal

1%

Likelihood of Max
Avg. Daily Raise

$37

# of Investors

53

Momentum
Location

Brooklyn, NY

Industry

Pet Health, Food, and Services

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

High

Capital Intensity

High

Business Type

Life Style

Buzzn, with a valuation cap of $4 million, is raising funds on Republic. The company creates CBD products to relieve stress and anxiety in pets and their owners. The products of Buzzn are made with high-quality ingredients and full transparency and are toxin-free and broad-spectrum. The company also works towards sustainability and donates a portion of its earnings to support the Korean K9 rescue. Buzzn was founded by Dr. Minchul An and Lisa Zhan-Monigan in May 2016. The proceeds of the current crowdfunding campaign, with a minimum raise of $25,000 and a maximum raise of $1,070,000, will be used towards sales and marketing, community involvement, technology development, product development, and operations. Buzzn products are sold in 60 retail locations and have over 11,000 devoted followers.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$55,724

$0

COGS

$30,403

$0

Tax

$0

$0

 

 

Net Income

$-152,813

$26,409

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$3,456

$5,909

Accounts Receivable

$0

$0

Total Assets

$18,875

$11,497

Short-Term Debt

$28,818

$0

Long-Term Debt

$0

$0

Total Liabilities

$28,818

$0

Ratings

last updated 12/03/2020

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