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Security Type
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Preferred Stock
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Categories
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Education, Retail, Entertainment, Social Impact, Community & Lifestyle
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Min Investment
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$100
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Offering Date
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July 01, 2021
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Expected Close Date
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April 30, 2022
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Target Raise
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$500.00K-$5.00M
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Security Price
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$10
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Valuation
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$11,000,000
- Number of Employees
- 8
- Cash
- $231,486
- Revenue
- $1,714,931
- Short Term Debt
- $265,061
- Cost of Goods
- $641,320
- Long Term Debt
- $341,338
- Net Income
- $139,115
Company Description
As mothers and women of color, our goal is to share our language, culture, and stories with our children. Quality and authentic bilingual children's books are hard to find, a problem traditional publishers fail to prioritize, despite the fact that 1 in 4 children in the U.S. are Latino -- a challenge millions of families continue to experience.
Key Deal Facts
$1.7 MILLION gross revenue in 2020; $1.4 MILLION in 2019; $1.2 MILLION in 2018.
Over 1.5 MILLION children's books sold worldwide.
Sold at Target, Barnes & Noble, Walmart, MoMA, Whole Foods, Amazon, and 2,500+ independent retailers.
18% YoY gross revenue growth in 2020, one of the most challenging years for small businesses.
Strong direct-to-consumer (B2C) sales with 53% year-over-year (YoY) growth in 2020.
Consistent business-to-business (B2B) sales with 24% YoY growth in 2020.
300K+ social media reach across all platforms.
100% Latina-owned
Use of Proceeds
With your investment, we plan to substantially increase our book catalog, implement a subscription membership, create additional consumer products, and more!
Management Team / Advisory Board Bios
Patty Rodriguez & Ariana Stein, Founders
Lil' Libros was founded by two mothers, Patty Rodriguez and Ariana Stein, to encourage reading in two languages at the earliest age with books that celebrate inclusivity, different cultures, and authenticity.
Ariana Stein, CEO + Co-Founder
12+ Years in Entrepreneurship, Business Degree, Goldman Sachs 10K Small Business Alumni, Entrepreneur of the Year Award recipient, and mom.
Patty Rodriguez, CCO + Co-Founder
One of the most influential American Latino leaders in the country. 20+ yrs experience in entertainment, media, and marketing. Producer and on-air talent at iHeartMedia's On Air w/Ryan Seacrest. 2019's California Woman of the Year. Mom of 2 boys