Po Campo

Po Campo

Early Stage

Bags as mobile as you

Bags as mobile as you

Overview

Raised to Date: Raised: $82,650

Total Commitments ($USD)

Platform

Republic

Start Date

12/15/2020

Close Date

04/01/2021

Min. Goal
$25,000
Max. Goal
$250,000
Min. Investment

$150

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$3,500,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/29/2021

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$780

# of Investors

157

Momentum
Funded
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Year Founded

2009

Industry

Consumer Products, Goods & Services

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

High

Capital Intensity

High

Location

New York, New York

Business Type

Growth

Po Campo, with a valuation cap of $3.5 million, is raising funds on Republic. The company makes bags designed using MobilityTech. The technology makes the bags as mobile as possible and allows them to be carried easily on bikes and scooters. The bags of Po Campo come with transitional designs, fabric innovations, smart storage, and functionality. Maria Boustead founded Po Campo in 2009. The proceeds of the current crowdfunding round, with a minimum goal of $25,000 and a maximum goal of $250,000, will be used to increase the product offerings, partner with leading brands, and expand distribution. Po Campo reported a 256% increase in sales with a 176% conversion rate increase in 2019. The business has a gross profit margin of 73.3% and expects the revenues to reach $20 million by 2023.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$217,841

$243,051

COGS

$131,660

$171,515

Tax

$0

$0

 

 

Net Income

$-43,009

$-11,369

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$30,808

$15,244

Accounts Receivable

$7,043

$4,782

Total Assets

$87,845

$69,635

Short-Term Debt

$70,388

$62,896

Long-Term Debt

$63,135

$28,137

Total Liabilities

$133,523

$91,033

Financials as of: 12/15/2020
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Po Campo on Republic
Platform: Republic
Security Type: SAFE
Valuation: $3,500,000

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