Naboso

Neutral
BETA

Movement is life, life is sensory

Analytics

Raised to Date: $159,361

Aggregate Commitments $
Platform

StartEngine

Start Date

02/19/2021

Close Date

08/17/2021

Min. Goal

$9,999

Max. Goal

$1,069,999

Min. Investment

$149

Security Type

Equity - Common

Funding Type

RegCF

Series

Series A

Pre-Money Valuation

$9,880,000

Weekly Commitments $
Status

Active

Reporting Date

02/24/2021

Days Remaining

173

% of Min. Goal

1,594%

% of Max. Goal

15%

Likelihood of Max
Avg. Daily Raise

$31,872

# of Investors

204

Momentum
Location

Chandler, Arizona

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Naboso, with a pre-money valuation of $9.88 million, is raising crowdfunding on StartEngine. The company has developed a proprietary textured material that aims to enhance movement. The material has been used to make sensory insoles, mats, and flooring that stimulate the feet and activate the nervous system. Dr. Emily Splichal founded Naboso in 2016. The current crowdfunding round of the company has a minimum raise of $9,999.45 and a maximum raise of $1,069,998.66. The proceeds of the raise will be used to initiate further research studies, expand growth, expand global distribution, and complete FDA Class 2 approval process. Naboso has global distribution in nine countries and reported a 68% growth in revenue even during the global pandemic.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$773,882

$461,172

COGS

$241,485

$125,562

Tax

$0

$0

 

 

Net Income

$-44,920

$-9,949

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$62,014

$33,799

Accounts Receivable

$10,178

$8,955

Total Assets

$584,336

$185,870

Short-Term Debt

$333,729

$46,251

Long-Term Debt

$200,916

$0

Total Liabilities

$534,645

$97,259

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