Brobe

Surgery Sucks. We Make it Suck Less.

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Security Type
Equity
Min Investment
$150
Location
AUSTIN, TX
Offering Date
February 15, 2023
Expected Close Date
June 20, 2023
Target Raise
$10.00K-$1.24M
No. Investors
208
Security Price
$1.15
Valuation
$7,609,164
Website
thebrobe.com
Number of Employees
5
Cash
$29,468
Revenue
$387,568
Short Term Debt
$196,014
Cost of Goods
$168,756
Long Term Debt
$471,994
Net Income
$-97,642

Company Description

Brobe is a women-owned company offering functional and fashionable adaptive clothing for men, women, and children, recovering from major surgeries, with $2.7 million in global sales to date.

Key Deal Facts

Brobe’s functional and fashionable post-surgery apparel has reached over 50,000 customers and garnered sales of $2.7M. Brobe products have stellar reviews of 4.5+ stars on both Google and Amazon.

The adaptive clothing market, which is clothing designed for the disabled, the elderly, and post-surgical wear, was valued at $278.9 Billion in 2021 and is predicted to reach over $409 Billion by 2027. There are 40-50 million major surgeries annually in the United States alone, equaling over 100,000 surgical procedures a day. Several brands specialize in adaptive clothing, but there is an empty space in post-surgical garments. Brobe is here to fill that gap. Brobe products support recovery from ALL major surgeries, benefiting the patients undergoing them.*

The Brobe line of products has 7 patents in the U.S., UK, and Germany, demonstrating the novelty and ingenuity of our products. Brobe has worked with renowned organizations like Susan G Komen, Livestrong, The Breast Cancer Research Center, Cooks Children’s Hospital, and Dell Children’s Hospital. Brobe has also won numerous awards including recognition from The Tory Burch Foundation, and Kendra Scott, for its exceptional product design and positive social impact. There is no consumer price limit on making a person you love feel better after major surgery.

Management Team / Advisory Board Bios

Allison SchickelFounder and CEOAllison is a wife, mother of three, CEO, mentor, and speaker. Allison was inspired to create the original "Brobe" – a patented bra and robe combination for women undergoing breast surgeries – when a friend diagnosed with breast cancer described the pain, discomfort, and difficulty of healing while managing pain, swelling, and post-op drains for weeks. Realizing the lack of functional and feminine products available for women, she created something that gave women dignity and beauty during (what most would say is) the most challenging time of their life. Brobe has become the leader in adaptive clothing by expanding beyond the breast cancer market to offer a range of products globally for cosmetic surgeries, open heart, organ transplants, and pediatric surgery recovery. Allison has won numerous awards, including ABJ’S Profiles in Power, Dallas Market Center’s Next Big Thing, and Women’s Chamber Rising Star, and was honored as one of ten businesswomen selected for the 2017 Tory Burch Fellows program. She’s an honorary graduate from the School of Hard Knocks and has mentored students at McCombs School of Business, UT’s School of Communications, and St Edwards University Entrepreneurship program., Rachel Sanchez-MadhurMarketing AdvisorRachel has leadership experience, leading cross-functional teams of 50+ people across product, UX design, engineering, marketing, communications, customer success, and operations. My professional experience ranges from mobile apps to e-commerce to intellectual property law, and my areas of focus are product, brand, and business/commercial strategy. I am passionate about solving complex problems, mobilizing teams toward a common goal, mentoring future leaders, and driving positive change in the world.
Jennifer WangMasters in Information Technology/ Amazon information technologyMasters in Information Technology/ Amazon information technology
Sandeep MadhurYale School of Managment / Advisor/ Financial strategyAs a consultant, I help Sales leaders at hyper-growth software companies scale their businesses more predictably through sales capacity planning & forecasting, pipeline generation planning, and pipeline conversion analytics.

Previously, I covered Enterprise Software companies as an equity research analyst at J.P. Morgan and helped build MuleSoft pre-IPO through its acquisition by Salesforce.com.

In my spare time, I also enjoy advising and investing in startups with founders from under-represented groups or with strong social impact missions.

Jeff WallaceAdvisor/ MBA Entrepreneurship and Technology University of Berkley HAAS School of Business

Denise PieroshBookkeeper / AccountingDenise has been working with Brobe for 5 years. sHe handles all the accounting/ bookkeeping, invoicing, reports, and monthly books. Denise has a vast knowledge working with D2C and B2B companies from small businesses to large corporations.

Ami Lee Lead photographerAmi has seven years of experience doing art direction, photography, pre and post-production at magazine-level standards.
Shanghai Normal University

Gilbert YangManufacture BrokerGilbert has 30+ years as a manufacturing broker and supply chain specialist and information management.Gilbert has worked with Brobe for 8 years being the go to for all supply chain, distribution and import/export expertise between China and the US.

Susan CrenshawSales ManagerAn accomplished and seasoned on air host for lifestyle and design products who combines intelligence and experience into an aspirational and relatable voice for campaigns that have generated over half a billion in sales. A sought after interior designer, Susan partners with clients to create spaces designed to enhance the way they utilize their home, designing the space around the needs of the family, making houses into homes. Extensive experience working with leading direct marketers, both in front of and behind the camera, developing and executing a multitude of successful product campaigns.

Jeff MeltzerAdvisorOwner of Meltzer Media Productions

Holly DeleonAdvisorFounder of EIRG with 40+ years of building companies and taking their product from D2C to B2B. Holly has the ability to create a vision for a company, hire great people who believe in that vision, and rapidly grow the companies.
Amount Raised : $125,217
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