Storybook App

Helping Parents Make Their Kids Sleep Better With Soothing Techniques And Stories

Security Type: Crowd SAFE
Categories: Technology, Retail, Community & Lifestyle, Health & Fitness
Min Investment: $150
Location: DOVER, DE
Offering Date: January 27, 2022
Expected Close Date: April 30, 2022
Target Raise: $25.00K-$1.07M
No. Investors: 436
Security Price: $1
Website: storybook-app.com

Number of Employees: 0
Cash: $253,386
Revenue: $272,670
Short Term Debt: $112,215
Cost of Goods: $79,001
Long Term Debt: $1,007,306
Net Income: $-841,430

Company Description

Storybook is the only app to combine bedtime stories with infant massage to improve sleep in babies and children. It also strengthens the child-parent bond through touch, and creates special moments with easy and personalized techniques.

Key Deal Facts

1st app to combine infant massage techniques with bedtime stories
100+ stories, music, and techniques designed by leading researchers
#1 Parenting app in 90 countries, with over 1.5M downloads
3K+ 5-star reviews on the App Store and Google Play
$393K total revenue in 2020, with 29% average growth MoM
$581K ARR as of September 2021
2nd best ranked startup at Launch Accelerator & Endeavor Scale-up

Management Team / Advisory Board Bios

Francisco Cornejo
CEO
Serial entrepreneur (3 exits). Former CMO at Honda Motors

Dani Vega
CCO
Certified Infant Massage Instructor. Social media content creator w. over 160k followers.

Rodrigo Sajoux
Product Manager
Data-driven Product Manager. Former PM at Trivia Crack

Amount Raised : $228,782

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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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1 Comment

Francisco C, 3 years ago

cool!!