NIRA Skin
Early Stage
Dermatology at Home
Overview
Raised: $39,871
Total Commitments ($USD)
Platform
StartEngine
Start Date
01/07/2020
Close Date
04/07/2020
Min. Goal
$9,999
Max. Goal
$107,000
Min. Investment
$245
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.06
Pre-Money Valuation
$16,000,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/29/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$443
# of Investors
60
Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2012
Industry
Fitness & Wellness
Tech Sector
HealthTech
Distribution Model
B2B/B2C
Margin
High
Capital Intensity
High
NIRA Skin, with a pre-money valuation of $16 million, is raising funds on StartEngine. The company is bringing dermatology at home through its affordable skincare laser that reduces fine lines and wrinkles around the eyes. The Dermal Photonics products stimulate natural collagen production without side effects. NIRA Skin was founded by David Bean in 2012. The current round of crowdfunding of NIRA Skin has a minimum raise of $10,000 and a maximum raise of $107,000. The skincare laser product for fine lines and wrinkles was FDA approved in 2017 and was launched in the mass market in September of 2019. The company plans to launch many new products dealing with other skin ailments like acne laser and full-face skin renewing laser.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$2,388 |
$25,475 |
|
COGS |
$56,845 |
$2,233 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-335,730 |
$-237,396 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$726,049 |
$13,963 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$1,171,976 |
$293,670 |
|
Short-Term Debt |
$218,659 |
$119,627 |
|
Long-Term Debt |
$500,000 |
$0 |
|
Total Liabilities |
$718,659 |
$119,627 |
Financials as of: 01/07/2020
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$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
Edge
Already a member? Log in here.
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.