Quim

Neutral
BETA

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

Analytics

Raised to Date: $318,289

Aggregate Commitments $
Platform

Republic

Start Date

09/16/2020

Close Date

01/22/2021

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$10,000,000

Discount Rate

20%

Weekly Commitments $
Status
Funded
Reporting Date

01/24/2021

Days Remaining
Funded
% of Min. Goal

1,273%

% of Max. Goal

30%

Likelihood of Max
Funded
Avg. Daily Raise

$2,487

# of Investors

673

Momentum
Funded
Location

San Francisco, California

Industry

Beauty & Personal Care

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

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

Ratings

last updated 01/21/2021

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