Quim

Quim

Plant-based intimate wellness products, designed with your needs in mind.

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Security Type
Crowd SAFE
Categories
Consumer Goods & Products
Min Investment
$100
Location
San Francisco, CA
Offering Date
September 15, 2020
Expected Close Date
December 18, 2020
Target Raise
$25.00K-$1.07M
Deal Notes

Discount: 20%

Company Description

A global intimate care brand normalizing vaginal health and wellnessOur long-term vision is to normalize vaginal health and wellness through product creation and conversation. We intend to be at the forefront of a movement to bring relief and satisfaction to a little cared for and intimate part of the body that has been stigmatized for far too long.

Key Deal Facts

Over 19k units sold to-date for a retail value of $875k
10X increase in gross revenue from 2018 to 2019
Strong referral rate accounting for 16% of 2020 sales
Featured in 60+ pieces of PR coverage; reached 532M readers
$913K raised to date in seed round of funding
Female-founded, female-run

Management Team / Advisory Board Bios

Cyo Nystrom
CEO + co-founder

Rachel Washtien
COO + co-founder

Paul Rosen
Quim Investor + Mentor

Danielle McWaters
Quim Design Advisor

Dana Twomey
Quim Financial Advisor

Esha Jalota
Growth Manager

Deal Notes

Discount: 20%

Amount Raised : $302,271
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Valuation

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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