Ready Set Jet

Neutral
BETA

Changing the world through beauty

Analytics

Raised to Date: $29,588

Aggregate Commitments $
Platform

Republic

Start Date

02/17/2021

Close Date

04/30/2021

Min. Goal

$25,000

Max. Goal

$250,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Series

Seed

Valuation Cap

$10,000,000

Discount Rate

20%

Weekly Commitments $
Status

Active

Reporting Date

02/28/2021

Days Remaining

59

% of Min. Goal

118%

% of Max. Goal

12%

Likelihood of Max
Avg. Daily Raise

$2,690

# of Investors

93

Momentum
Location

Santa Clarita, California

Industry

Beauty & Personal Care

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

Ready Set Jet, with a $10 million valuation cap, is raising crowdfunding on Republic. The company is combining beauty, wellness, and empowerment with its innovative products. The multi-use beauty products of Ready Set Jet are vegan, help save time, space, and money, and give back to underserved communities. Shalini Vadhera founded Ready Set Jet in 2019. 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 provide education and skills development to women of all backgrounds. Ready Set Jet has over 35 high-performing formulations and has secured international distribution. The company also plans to empower 1 million women worldwide.

Summary Profit and Loss Statement
Most Recent Year Prior Year

Revenue

$12,037

$90

COGS

$10,346

$0

Tax

$0

$0

 

 

Net Income

$-100,282

$-53,001

Summary Balance Sheet
Most Recent Year Prior Year

Cash

$27,558

$100,539

Accounts Receivable

$2,305

$0

Total Assets

$50,816

$124,739

Short-Term Debt

$31,099

$17,240

Long-Term Debt

$0

$0

Total Liabilities

$31,099

$17,240

Ratings

last updated 03/02/2021

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