Buzzn

Buzzn

Reconceptualizing health & wellness for pets and their humans.

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Security Type
Crowd SAFE
Categories
Service Businesses
Min Investment
$100
Location
Brooklyn, NY
Offering Date
April 21, 2020
Expected Close Date
October 21, 2020
Target Raise
$25.00K-$1.07M
Deal Notes

Discount: 0%

Company Description

You and your furry best friend share more than love. Humans and pets have a very similar endocannabinoid system. Humans aren't the only creatures with anxiety. Severely traumatized rescue dogs need more than hands-on training to help to stabilize their moods. There are few, if any low-risk and effective ways to help animals manage their stress and maintain mental health. The fast growing CBD trend is exposing itself to serious health concerns due to potential drug interactions and susceptibility to toxins. There is a lack of CBD education for human products and this lack is even more apparent for pet products.

Key Deal Facts

Sold in over 60 retail locations across 4 states within 10 months
Over 20% repeat customers
$4B+ market for CBD products
Market leader in CBD dog treats
11K+ devoted followers since launch (Feb '19) and growing rapidly
Woman and minority-owned business
Featured in PopSugar, LA Times, Yahoo! Finance, Cheddar TV, and more

Use of Proceeds

  • Sales
  • Marketing
  • Operations
  • Product Development
  • Tech Development
  • General Working Capital

Management Team / Advisory Board Bios

Minchul An - Co-Founder & CEO

Lisa Zhan-Monigan - Co-Founder & COO

Deal Notes

Discount: 0%

Amount Raised : $14,376
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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