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Trusst Brands

Operating

Bazooka Jane inc.

Beauty & Fashion · Pittsburgh, PA · Founded 2014

Comfort, Redefined by Women

Post-money valuation ⓘ
$10.0M
As of Oct 2019 · from Reg CF Offering (2019) · pre-money + amount raised, not a traded price
Total raised
$1,300,000
Crowd $0 · Private $1.3M · 2 rounds since 2018
Latest share price
$1.02
Section 4(a)(2) · Series A Preferred Stock · Nov 2018 offering price

Financials

FY2017–FY2018 · from SEC filings · hover any figure for its source
$66K
−$305K
2017
$272K
−$770K
2018
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2017 unaudited
FY2018 unaudited
Income statement
Revenue
$65,523
$272,134
Cost of goods sold
$71,418
$150,209
Gross margin
-9%
45%
Net income
-$304,858
-$769,645
Taxes paid
$0
$0
Balance sheet
Cash
$71,611
$97,699
Accounts receivable
$0
$0
Total assets
$237,156
$459,064
Short-term debt
$101,216
$211,572
Long-term debt
$1,095,250
$271,832
Total liabilities
$1,196,466
$483,404
Other
Headcount
—
13

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$10.0M
pre-money
Reg CF · Common · Aug 2019

Blue bars are the pre-money valuation the company stated for a priced round.

Cap table

Share counts as of Dec 31, 2018
Preferred Stock · 39.4%Common Stock · 60.6%
ClassOutstandingVotes / shareShare of totalLast price
Preferred Stockpreferred1,201,827—39.4%—
Common Stock1,852,462—60.6%—
Total3,054,289100%

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Reg CF · Common Stock · Aug 2019Withdrawnvia StartEngine
Raised $0 / $107KInvestors 0Post-money $10M

Team

4 people
Bill Besselman
CEO

Bill Besselman is an experienced entrepreneur with a demonstrated history of strategic and operational leadership in the consumer and retail industries. He began his career at Mckinsey, followed by leadership positions at multiple retail companies, including Aerie, American Eagle Outfitters, and Under Armour. His background sets a foundation for scaling a world-class brand in the intimates space.

Sophia Berman
Founder

Sophia Berman is the founder of Trusst. She applied her industrial design and engineering background to address a problem faced by millions of women - how to find comfort and support in her bra. As a graduate of Carnegie Mellon University with a degree in industrial design, Sophia has over 10 years of experience in various roles designing products for major consumer brands. She is a problem-solver by nature and together with a team of incredibly talented women, she developed a revolutionary, patented support system for D+ women. Sophia is passionate about continuing to create new technologies to improve the way you feel, and think about, your lingerie.

Betsy Shumacher
Board Member

Betsy Schumacher is a retail veteran with over 30 years of experience in Merchandising, Brand Building, Both Brick & Mortar and Web, Wholesale and International. Since October of 2018, Ms. Schumacher has been the EVP of Bodycare at Bath and Body works. Ms. Schumacher leads the team that is responsible for the Product Strategy, Development and Execution of this 2B dollar business at the Brand. Prior roles include Aerie, Gap, 77kids and Outdoor Voices.

Jay Hirsh
Board Member

Jay Hirsh is the managing partner at Break Trail Ventures. BTV partners with entrepreneurs who are breaking trail in their industry, creating best-in-class products, and leading the way for future generations. They invest at the intersection of lifestyle/ consumer products, natural products, and innovative tech-enabled enterprise. Prior to BTV, Jay spent 8 years with Victoria’s Secret in a variety of capacities ranging from inventory management to production and sourcing.

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not obligated

never closed a Reg CF raise

0 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-WNov 12, 20190001665160-19-001126
    EDGAR
  • Form C/ASep 10, 20190001665160-19-000925
    EDGAR
  • Form C/AAug 23, 20190001665160-19-000878
    EDGAR
  • Form C/AAug 23, 20190001665160-19-000874
    EDGAR
  • Form CAug 23, 20190001665160-19-000868
    EDGAR
Source: ManualCIK 0001784415DEShare price $1.74

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.