Bloomi

Bloomi

Sexologist-led intimacy company making clean products for all bodies

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Security Type
CAFES
Categories
Retail, Consumer Goods & Products, Community & Lifestyle
Min Investment
$200
Location
Livermore, CA
Expected Close Date
April 25, 2023
Target Raise
$100.00K-$350.00K
No. Investors
166
Security Price
$1
Website
thebloomi.com
Number of Employees
5
Cash
$133,310
Revenue
$227,369
Short Term Debt
$157,376
Cost of Goods
$206,747
Long Term Debt
$450,658
Net Income
$-454,758

Key Deal Facts

$3M in revenue in last 12 months
Created over 10 million pleasure moments and counting!
Available in over 1,000 Target stores nationwide
First Latina-founded brand in Target's sexual wellness aisle
$1.5M raised to date from notable angels and VCs
An engaged community of 75k+ social media followers and 10M+ views on TikTok
Fast-growing brand in the intimacy market expected to reach $125B by 2026 (not guaranteed)
Established industry's first clean standard for intimacy products in the US

Management Team / Advisory Board Bios

Rebecca Alvarez Story Co-Founder and CEOOne of the most influential intimacy experts in the country. The UC Berkeley grad has as Master's in Sexology, has led the development of products that have been acquired, and is one of the few Latinas to raise over $2M in venture., Julie Leclercq Co-Founder & CBOPreviously led Partnerships for Orange Silicon Valley, served as Chief of Staff to the CEO, and co-founded the Women in Tech program to support the FemTech industry in San Francisco. Experience leading multiple business units and scaling internationally., Aja Edmond CMOAja is a digital strategist, brand builder, and full-funnel marketing executive with an MBA from Stanford Graduate School of Business and 15 years of experience working with, advising and leading iconic, Fortune 500, and emerging brands.
Amount Raised : $357,974
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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