Bowr

Bowr

Furnishing Platform

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Form C
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Security Type
Crowd SAFE
Categories
Retail, Social Impact, Financial Services, Sustainability, Community & Lifestyle
Min Investment
$150
Location
WILMINGTON, DE
Offering Date
September 21, 2021
Expected Close Date
March 14, 2023
Target Raise
$25.00K-$618.00K
No. Investors
4
Security Price
$1
Valuation
$5,000,000
Website
bowr.co
Number of Employees
0
Cash
$19,297
Revenue
$65,432
Short Term Debt
$2,000
Cost of Goods
$19,358
Long Term Debt
$0
Net Income
$7,097

Company Description

Bowr is transforming the complicated and disconnected furnishing industry into a democratic, fairly-priced, and accessible platform where customers (both homes and businesses) can not only buy high quality crafted furniture at honest prices, but also fully customize them to their space and needs. 

Key Deal Facts

Changing the furnishing industry forever, from sourcing to delivery
Bringing true, fully customizable furniture to your doorsteps
Empowering independent designers and craftsmen and eliminating middlemen
43% MoM growth, as of July 2021
Present AOV of $3.6K, as of June 2021
Disrupting the $671.07B+ global furnishing market

Management Team / Advisory Board Bios

Parikshit Guhabiswas
Founder/CEO

Kc Princess Guesdan
Co-founder/COO
Amount Raised : $1,200
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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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