Aggregate Commitments $
Republic
02/17/2021
04/30/2021
$25,000
$250,000
$100
SAFE
RegCF
Seed
$10,000,000
20%
Rolling Commitments $
Active
04/25/2021
2
328%
33%
$1,222
316
Santa Clarita, California
Beauty & Personal Care
Non-Tech
B2B/B2C
Medium
High
Growth
Ready Set Jet, with a $10 million valuation cap, is raising crowdfunding on Republic. The company is combining beauty, wellness, and empowerment with its innovative products. The multi-use beauty products of Ready Set Jet are vegan, help save time, space, and money, and give back to underserved communities. Shalini Vadhera founded Ready Set Jet in 2019. The proceeds of the current crowdfunding round, with a minimum goal of $25,000 and a maximum goal of $250,000, will be used to provide education and skills development to women of all backgrounds. Ready Set Jet has over 35 high-performing formulations and has secured international distribution. The company also plans to empower 1 million women worldwide.
Summary Profit and Loss Statement
|
Revenue |
$12,037 |
$90 |
|
COGS |
$10,346 |
$0 |
|
Tax |
$0 |
$0 |
|
|
||
|
|
||
|
Net Income |
$-100,282 |
$-53,001 |
Summary Balance Sheet
|
Cash |
$27,558 |
$100,539 |
|
Accounts Receivable |
$2,305 |
$0 |
|
Total Assets |
$50,816 |
$124,739 |
|
Short-Term Debt |
$31,099 |
$17,240 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$31,099 |
$17,240 |
