Duradry

Duradry

Making embarrassing sweat marks a thing of the past

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Security Type
Crowd SAFE
Categories
Health & Fitness
Min Investment
$150
Location
NORTH MIAMI BEACH, FL
Offering Date
February 01, 2022
Expected Close Date
April 30, 2022
Target Raise
$25.00K-$1.00M
No. Investors
246
Security Price
$1
Website
duradry.com
Number of Employees
0
Cash
$469,288
Revenue
$2,937,677
Short Term Debt
$149,073
Cost of Goods
$1,496,018
Long Term Debt
$153,839
Net Income
$-199

Company Description

Our easy-to-use antiperspirant deodorants are non-invasive, safe and FDA-approved. It’s a comprehensive solution that’s been proven effective for excessive sweating and helps to control it within a week. Our products attack the sweating problem from different angles, with some of the strongest over-the-counter antiperspirant solutions available on market.

Perks

1 reservation
Reserve
$100
Receive
$10 Store Credit. Redeemable at duradry.com
Limited (99 left of 100)

Reserve
$500
Receive
$50 Store Credit. Redeemable at duradry.com
Limited (50 left of 50)

Reserve
$1,000
Receive
$150 Store Credit. Redeemable at duradry.com
Limited (50 left of 50)

Reserve
$5,000
Receive
$1,000 Store Credit. Redeemable at duradry.com
Limited (50 left of 50)

Reserve
$25,000
Receive
$1,000 Store Credit. Redeemable at duradry.com
Quarterly investor updates

Reserve
$50,000
Receive
$1,000 Store Credit. Redeemable at duradry.com
Quarterly investor updates
Brunch with the team in MIA

Key Deal Facts

Easy-to-use, affordable solutions for excessive sweating
97% of our users achieve dryness within a week
Endorsed by dermatologists
Formulated with 70%–99% naturally derived ingredients
Featured in Men’s Journal, Newsweek, and others
Revenue of $4.1M in 2021; projected revenue of $8M for 2022
1.9K+ reviews on Amazon (as of Nov 2021)

Management Team / Advisory Board Bios

David Lorango , Paid Social Marketing
The marketing ninja driving our performance marketing efforts. David used to be the Head of Ecommerce Marketing at Forever 21. Also Headed growth at N!CK’S Ice Cream helping them launch the .com to a 9 figure valuation in one year.

Antonella Balbi, Supply Chain & Logistics
Antonella makes cargo ships, planes and trucks move so our customers always get their products. She has 20+ years of experience in supply chain, international trade and customs.

Arik Berzak , PPC Performance Marketing
Arik is day in and day out making sure our brand and products show up every time someone searches for something related to sweating. He started working with Google Ads since the days it was called Adwords!

Kortney Lavey , Social Media Creator
Kortney is a creative genius. She brings magic to our Tiktok.

Jordan Salvit , Advisor
Jordan is working behind the scenes advising us on data-driven strategy and performance marketing. Co-founder of Kitnipbox.com, the world's biggest cat subscription box. Successfully exited in 2021.

Frank Linares , Advisor
Frank is one of our closest advisors. He's the Chief Science Officer at Prime Matter Labs. Frank has 40+ years of experience formulating personal care products.

Golden Lingas , Head of Customer Success
Golden leads the team of customer service at Duradry. She makes sure all our customers are always happy with their experience and successful with their treatment.
Amount Raised : $105,239
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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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