More and more people are starting to wash vs wipe all over the world.
WonderSpray was created for the consumer by a team of passionate visionaries who have put their hearts into creating this revolutionary product so your rear-end never has to suffer again.
We recently raised over $450K in one of the most trending campaigns of the year. We’re once again looking for like-minded individuals who believe in our vision of keeping both your bathroom experience and butt fresh, to invest in round two!
In today’s blog, we will cover everything there is to know about Regulation Crowdfunding and our raise on StartEngine!
Regulation Crowdfunding (Reg CF) and Title III of the JOBS ACT allows businesses to raise up to$5 million (previously $1.07 million) from non accredited and accredited investors annually.
This means companies are now able to raise capital from any person or entity in the US, regardless of how much money they make. This is a huge shift from the way things have been done in the past.
Previously, investment opportunities like this were only available to wealthy venture capitalists or angel investors. You had to have a yearly income of at least $200K or a networth of $1 million to be included, but thanks toTitle III of the JOBS Act, those days are behind us.
Everyday investors like you and me are now able to own a stake in startup companies before they go public, allowing more economic opportunity for all.
This is a pretty exciting piece of legislation, as companies across the U.S. are able to gain capital from a much wider audience!
WonderSpray is taking advantage of these new opportunities that have been presented by turning to the crowd for investments via our StartEngine campaign!
The bidet market is booming!
WonderSpray is currently addressing the $42 billion bidet market, which has doubled in the past year during the pandemic.
We are the next best thing in wipe-less water technology, and we’re rapidly setting the new standard in bathroom experiences.
As more people are looking for an eco-friendly alternative for their backside, we are seeing more demand than we can handle. This resulted in approximately $600K in revenue during our first 6 months of operations.
Now that you know the basics of crowdfunding, we hope you will consider WonderSpray as your next investment endeavor!
As we’ve mentioned, we are currently raising capital via our equity crowdfunding campaign on StartEngine.
Head over to ourraise page and join our community of early shareholders today!
If there’s any questions you feel are still left unanswered, please do not hesitate to contact our team. We would be happy to assist you with your needs.