CLICS
Digital hair color mixing system — helping salons reduce cost and waste
Analytics
Raised to Date: $348,721
Aggregate Commitments $
Wefunder
11/09/2020
02/11/2021
$100,004
$1,069,998
$250
Equity - Preferred
RegCF
Seed
$20,000,000
Weekly Commitments $
Active
01/24/2021
15
349%
33%
$4,588
76
La Jolla, California
Beauty & Personal Care
CommerceTech
B2B/B2C
High
High
CLICS, with a pre-money valuation of $20 million, is raising funds on Wefunder. The company has developed an app-powered digital system for mixing hair colors in salons. The CLICS system is used by stylists and salon owners to source hair color, automate color formulation, eliminate wastage, and record and report service details for quality control management. Leilani Macedo and Charles Brown founded CLICS in 2016 and have raised over $5.6 million since its inception. The current round of crowdfunding has a minimum target of $100,004 and a maximum target of $1,069,998. The raise’s proceeds will be used for general operations, sales and marketing, new product development, capital equipment, and intellectual property. CLICS has been a highly scalable business and reported revenue growth of 2,574% from Q2 to Q3 2020.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$18 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-1,615,891 |
$-1,161,551 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$83,148 |
$106,537 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$1,197,307 |
$216,821 |
|
Short-Term Debt |
$2,652,470 |
$66,093 |
|
Long-Term Debt |
$10,000 |
$0 |
|
Total Liabilities |
$2,662,470 |
$66,093 |
Ratings
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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
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