Ready Set Jet

Changing the world through beauty

Analytics

Raised to Date: $107,043

Deal Info
Investment Momentum
Company Profile
Excerpt
Financials

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%

Rolling Commitments $

Status

Funded

Reporting Date

05/02/2021

Days Remaining

Funded

% of Min. Goal

428%

% of Max. Goal

43%

Likelihood of Max

Funded

Avg. Daily Raise

$1,487

# of Investors

382

Momentum

Funded

Logos provided by Clearbit

Location

Santa Clarita, California

Industry

Beauty & Personal Care

Tech Sector

Non-Tech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Business Type

Growth

SEC Filing

Company Website

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

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