After experiencing 3.75x growth as an emerging brand in DTC, with 4.7x growth in natural grocery in 2020, Spinster Sisters Co is seeking to double its revenue in 2021. The natural face and skincare company has chosen the crowdfunding investment platform, Republic, to seek investors to help achieve its goals.
Republic is a leader in this space and has a focus on diversity and equality, which appealed to Spinster Sisters Co when considering a platform for its raise. Being a certified women-owned business, Spinster Sisters is keenly aware of the divide that exists when it comes to funding women-founded business as compared to their male peers, and that 2020 saw that chasm widen when it comes to capital raises, with male founders raising more than ever before while female founders took a hit.
Meanwhile, Republic reports that women outperform men by 30% when it comes to crowdfunding, due in part to its community-based platform and its ability to permit non-accredited investors to access the opportunities.
Spinster Sisters Co has definitive plans for the funds they intend to raise on the platform. The company’s core values include a customer-centric commitment, so success in this endeavor will mean a win-win, according to its founder. When discussing her excitement to be initiating this offering, founder and CEO, Kelly Perkins, said:
“We have such a loyal and engaged customer base, and it’s just so fun to get them involved in our future success like this. It takes the “Spinsterhood” to a whole new level and I love it!.”
Having bootstrapped the company thus far, this campaign on Republic is Spinster Sisters Co’s first capital raise.
To learn more about the campaign on Republic, visit https://republic.co/spinster-sisters
About Spinster Sisters
Spinster Sisters Co. offers a full range of face, body, bath, aromatherapy, and personal care products. They craft the products in their wind- and solar-powered Microsoapery in Golden, Colorado, using natural, clean ingredients, and sustainable packaging. The products are easy to find with distribution across 2K+ stores nationwide and online. Spinster Sisters won the grand prize in the 2020 Kickfurther Growth Giveaway, the 2020 Nexty Awards from New Hope Network, the Whole Foods Market Supplier of the Year for 2020 in the Rocky Mountain region, and the 2021 Taste for Life Essentials award winner.
To learn more, visit https://spinstersistersco.com/.
Republic is a private investment platform for investors of all sizes, where both accredited and non-accredited investors are able to access high-growth potential deals across a range of private markets. Over 700,000 people have invested over $200,000,000 in more than 250 completed deals on the platform.
To learn more, visit https://republic.co/
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¹Venture Funding Hit A Record In 2020. For Women Founders, It Dried Up. (forbes.com)
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