Groomit Inc.

Groomit is an on-demand platform that connects pet owners with pet stylists.

Security Type: SAFE
Categories: Service Businesses
Min Investment: $100
Location: Yonkers, NY
Offering Date: August 19, 2020
Expected Close Date: December 01, 2020
Target Raise: $200.00K-$1.07M

Company Description

An on-demand platform that connects pet owners with pet stylists for in-home grooming servicesIn five years we hope to be in 30 cities and performing 1 Mil groomings per year. These projections cannot be guaranteed.

Perks

Invest $250+ for Groomit Poo Bags / Cap
$500+ Groomit T-Shirt / Cap / Poo Bags
$1,000+ 1 Free In-Home Grooming
$10,000+ 2 Free In-Home Grooming
Invest $250+ for Groomit Poo Bags / Cap
$500+ Groomit T-Shirt / Cap / Poo Bags
$1,000+ 1 Free In-Home Grooming
$10,000+ 2 Free In-Home Grooming

Key Deal Facts

Generated $1.5 million in revenue in the NY market, easily scalable to major metro cities.
20,000+ registered users, 12000+ groomings completed. Excessive network with 50+ expert groomers.
Underserved pet grooming market of over $6 billion/yr and 7% annual growth.
Partnerships with building managements & veterinarian to drive awareness growth
Increased demand as an essential solution post-COVID-19 with limited contact grooming.
Highly reviewed by users on Yelp & Google Reviews 4.5+
Enhanced backend & frontend software developed, to monitor & maintain user/groomer relationships.
$2.5 million raised in investments & funding

Use of Proceeds

If $200,000 is raised

35% marketing & growth, 25% software development, 32.5% support existing business, 7.5% Wefunder intermediary fee

If $1,070,000 is raised

50% towards debt, 15% hiring talent, 15% marketing & growth, 10% software development, 2.5% support existing business, 7.5% Wefunder intermediary fee

Management Team / Advisory Board Bios

Sohel Kapadia - CEO
Build startup company to connect 10 Mill Users every month to make international phone calls. Peak revenue 180 Mill

Lars Rissmann - COO
Implemented european company in the north american market to grow to 35 mill revenue.

Anna Zege - Vice President Quality Control
Pet Business Background & Wealth Management, Business degree NYU.

Jun Hyuk Seo - CTO
Build & managed backend for POS Portal with 10+ Mio users.

Amount Raised : $0

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