Quim

Quim

Early Stage

Plant-based intimate wellness products, designed with your needs in mind

Plant-based intimate wellness products, designed with your needs in mind

Overview

Raised to Date: Raised: $317,989

Total Commitments ($USD)

Platform

Republic

Start Date

09/15/2020

Close Date

01/22/2021

Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment

$100

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2021

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

$2,484

# of Investors

671

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2016

Industry

Beauty & Personal Care

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Location

San Francisco, California

Business Type

Growth

Quim, with a $10 million valuation cap, is raising funds on Republic. The company makes plant-based intimate wellness products, especially focused on vaginal health. The products of Quim combat vaginal dryness, yeast infections, low libido, UTIs, and other problems. The suite of products come in the form of serums or oils and contain THC or CBD. Quim was founded by Cyo Ray Nystrom and Rachel Washtien in October 2016 and has raised over $913,000 since its inception. The proceeds of the current crowdfunding campaign, with a minimum target of $25,000 and a maximum target of $1,070,000, will be used to expand, deepen community engagement, and diversify advertising channels. Quim has sold over 19,000 units and reported a ten times increment in revenue from 2018 to 2019.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$201,219

$12,669

COGS

$181,341

$30,422

Tax

$0

$0

 

 

Net Income

$-178,165

$-131,256

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$193,504

$242,462

Accounts Receivable

$16,270

$303

Total Assets

$578,879

$433,503

Short-Term Debt

$6,286

$60,247

Long-Term Debt

$0

$0

Total Liabilities

$6,286

$60,247

Financials as of: 09/15/2020
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$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
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Quim on Republic
Platform: Republic
Security Type: SAFE
Valuation: $10,000,000

Follow company

Follow Quim on Republic

Buy Quim's Deal Report

Warning: according to the close date for this deal, Quim may no longer be accepting investments.

Quim Deal Report

Get KingsCrowd’s comprehensive report on Quim including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Quim is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Quim deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge