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clics

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Last Update: 248d ago

Reviews: 0

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Digital hair color mixing system — helping salons reduce cost and waste

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Description

CLICS is the first cost-effective digital hair color studio for stylists and salons. We’re transforming a $10B market by eliminating hair color waste and costly inventory management challenges. CLICS is fortunate to have attracted $5.4 million from sophisticated, accredited investors including: Since launch in 2019, we’ve produced over 8,000 commercial dispenses and 1,892 bowls of color. Even though the salon market shut down for most of Q2, our revenue grew 491% in the second quarter compared to Q1 2020, due to increased color sales. From Q2 to Q3, we grew a further 2,574%—having closed a strategic pilot program with one of the world's largest beauty companies. CLICS is a complete, app-powered digital system that mixes and dispenses hair color.
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First mover advantage, key patents, and a multi-year lead in a highly fragmented $10 billion market
2
CEO has designed 5 Internet platforms including the first VPN service with a $630 million exit
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A highly scalable business with rapid revenue growth - Q2 to Q3 revenue growth was 2,574%
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A strategic pilot with one of the world’s largest beauty companies
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Preferred stock gets 100% repayment of investment first AND participates with Common on liquidation
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An automated inventory system that represents a major advance in supply chain cost reduction
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A new market category that allows salons to go cash flow positive with pay-after- dispense terms

valuation cap: $20,000,000

raised: $1,467,485

Investors: 256

Min. Investment: $250

Pre-Money: $20,000,000

Min. Goal: $100,004

Max. Goal: $1,069,998

Started: 10/16/23

Ends: 04/29/24

Avg. Investment: $5732.36

Last Funded: 375 Days ago

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clics

Digital hair color mixing system — helping salons reduce cost and waste

Raised: $1,467,485

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valuation cap: $20,000,000

raised: $1,467,485

Investors: 256

Min. Investment: $250

Pre-Money: $20,000,000

Min. Goal: $100,004

Max. Goal: $1,069,998

Started: 10/16/23

Ends: 04/29/24

Avg. Investment: $5732.36

Last Funded: 375 Days ago

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