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Quim isn't accepting new investments

Quim’s deadline was January 23, 2021

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Quim

Plant-based intimate wellness products, designed with your needs in mind
Women Founders B2C Personal Care Wellness Cannabis Products
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$306,902
Raised
619
Investors
Successfully funded and closed on January 23, 2021.
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Pitch Updates 14 Reviews 185
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Closed on January 23, 2021. Information may not be up-to-date. Campaign closed on January 23, 2021. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Quim Rock, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Quim Crowd SAFE Quim Form C:A.pdf
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Hear from some of the 619 investors in Quim


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Highlights


  • Over 19k units sold to-date for a retail value of $875k
  • 10X increase in gross revenue from 2018 to 2019
  • Strong referral rate accounting for 16% of 2020 sales
  • Featured in 60+ pieces of PR coverage; reached 532M readers
  • $913K raised to date in seed round of funding
  • Female-founded, female-run

Problem


Vaginal health issues affect millions, and what's out there isn't working

Vaginal health is a niche problem you say? Think again!

  • 75% of women experience a yeast infection in their life
  • 45% of women experience recurring yeast infections
  • 60% of women will experience more than one UTI in their life
  • 58% of women over the age of 48 experience vaginal dryness
  • 176 million women have endometriosis worldwide

Historically, the majority of vaginal health and sexual wellness products have not been designed to take sustainable, proactive self-care into account. The most widely available lubes are glycerin-based (a metabolic byproduct of sugar), which means an increased chance of UTIs and yeast infections. The antibiotics prescribed to treat the UTI wipe out all the good bacteria with the bad, increasing the risk of getting a yeast infection. The treatments for yeast infections, while effective, have been known to cause vaginal dryness, sending you right back to that glycerin-based lube that got you here in the first place.

The cycle is not working, and we deserve better

Solution


Meet Quim: Your new bedside companion

Quim has created a complete line of proactive, plant-based, and sustainable products for the full-spectrum of intimate needs. Our products were designed to help people with vaginas proactively combat vaginal dryness, low libido, yeast infections, UTIs, pain with penetration, difficulty climaxing, and more. Our products provide an all-natural, holistic vaginal health solution for those in need.

/kwim/
Origin: 17th Century England

Archaic: taboo slang for vagina, vulva

Contemporary: a self-care line for humans with vaginas and humans without vaginas, who love vaginas™

Product


Plant-based vaginal wellness products, designed with your needs in mind

Quim’s full suite of serums and oils are applied topically, and highlight either THC or CBD, depending on their intended use. Both THC and CBD, absorbed vaginally, can increase blood flow, promote pelvic relaxation, and decrease inflammation and pain. While our products can be a good fit for many people, they’ve shown to be particularly helpful for people who experience pelvic floor pain, PCOS, low libido, vaginal dryness, endometriosis, pain with penetration, recurring vaginal health issues like bacterial vaginosis, vaginismus, and vaginitis, or have recently given birth.

Meet the Quim family:

CBD Collection:
Sold both direct-to-consumer and wholesale nationwide in stores like Urban Outfitters, Good Vibrations, The Standard Hotel, and over 50 additional stores. Contain less than 0.3% THC (Hemp CBD).

  • Smooth Operator Intimate Serum - MSRP $48

  • Happy Clam Everyday Oil - MSRP $48

THC Collection:
Sold in licensed CA dispensaries and delivery services - over 100 locations across the state.

  • Night Moves Intimate Oil - suggested retail $46

  • Oh YES! Latex-Safe Serum - suggested retail $56

Quality:
At Quim, we understand that we’re only just beginning to understand the health benefits of each cannabinoid within the cannabis sativa plant. What we do know is that there is an entourage effect (or that the whole is greater than the sum of the parts) and for that reason, we use broad-spectrum distillate or full-plant infusions in both our THC and CBD products.

Lab-Tested, always:
All Quim products are 3rd party tested to ensure potency and safety. Our THC and CBD products are tested at the same standards, ensuring all Quim products are held to the rigorous standards implemented by the CDPH. These test results are always available to our consumers, allowing them to make purchases with confidence in formulas.

  • Potency: cannabinoid content
  • Purity: heavy metals, microbiological and bacterial contaminants, pesticides, volatile organic compounds

Traction


10x increase in revenue in 1 year

Sales in a Recession-Proof Industry:

Over the past 3 years, Quim has gained significant traction in the market. We saw a 10X increase in gross revenue from 2018 to 2019. During COVID-19, Quim has proven itself to be a recession-proof business. From Q4 2019 to Q4 2020, we saw a 30% increase in D2C product-sale, with an additional 18% increase from Q1 2020 to Q2 2020. This growth illustrates an increased demand for intimate care products amidst a global pandemic and economic recession.  

Press:
Quim was featured highly on Viceland TV, and has received upwards of 60+ pieces of PR coverage. Over the past year, we’ve gained significant press in notable publications such as Forbes, Allure, Cosmopolitan, The Strategist, The Atlantic, Men's Health, Byrdie, Refinery29, Now This Media Yahoo Finance, Weed Maps and Gossamer. This has led to a combined online readership of 532M people.

Partnerships:
Significant brand partnerships include national organizations such as Planned Parenthood, The Wing, and Women of Sextech, as well as a number of well-known influencers in the sexual wellness space.

Diversified Revenue Streams:

Notable Accolades:
In addition to sales growth, Quim and its founders have received a number of awards and accolades:

  • Arcview Pitch Competition Winner, Summer 2018
  • Oh YES! Latex Safe Serum nominated for XBiz Sexual Enhancement Product of the Year, 2019
  • Winner of Audience Favorite at Beauty X pitch at NYC’s Indie Beauty Expo, Summer 2019
  • Pitchforce Winner + Audience Favorite, 2020
  • SXSW Cannabis Pitch Competition Winner, Summer 2020
  • Quim CEO, Cyo Ray, named ‘Top 100 Most Influential Women in Weed’, and High Times’ ‘Female 50’

Customers


Giving the people what they want (and need), one bottle at a time

Quim has established a loyal customer base of people of all ages nationwide, from curious millennials to new moms seeking post-partum healing, to baby boomers looking to alleviate menopausal issues, to lusty spouses and romantic partners seeking new ways to spark joy in the bedroom. Our customers are interested in proactive vaginal health and sexual wellness products and are drawn to the all-natural, plant-based ingredients used in Quim products.


What people are saying about Quim:

“Happy clam is my new favorite thing. It’s the first time I’ve felt like my vagina was getting the respect it deserves. That it took this long for my vagina to have an eye cream is an offense to every vagina owner. That it smells and feels delicious is just the cherry on top.”                                                     - Anna Duckworth, Miss Grass

“Night Moves is pure magical gold in a bottle. I'm a woman of a 'certain middle age' & also on medication which inhibits nature taking care of itself! The first time I used this product... POW!  I had my sex life back in WONDERFUL working order and feeling like a woman again! Thanks for producing this magic in a bottle.”
                                                                                            -Brooke Good, 55

 “Quim does it again! Their newest creation [Smooth Operator] delivers the quality and full-body orgasms that I’ve come to love about their products. The best part is that this serum is latex safe, which expands the ways, and times Quim can be enjoyed.”
                                                             - April Flores, a.k.a. FattyDelicious

“I have struggled with herpes for two years and suddenly for the past six months could not get my genital herpes under control … Happy Clam has been the biggest lifesaver for the pain and discomfort as well as the healing of an outbreak. Not only this, but recently I struggled with hemorrhoids. A little happy clam in the affected area has been a major game-changer. Thank you for making this product available."
                                                                                     - Anonymous, age 30

Business model


3x gross revenue by 2021

Even during COVID-19, Quim continues to see growth across many different parts of our business.

Sales and Marketing:
Until 2020, Quim’s success had been organic, with sales driven primarily from email marketing, press coverage, and social media engagement. The direct-to-consumer side of our business has been thriving since COVID-19 and we have thus begun investing in paid advertising and marketing opportunities to accelerate the growth of this revenue stream. Over the past 6 months, our Google Ads, retargeting campaign, and influencer partnerships have spread awareness and driven sales. With additional capital, we plan to significantly increase our investment in digital marketing campaigns.Retail Partnerships:
Our focus on building strong retail partnerships has allowed us to hold shelf-space in some of the most prominent dispensaries and conventional retail stores nationwide such as Urban Outfitters, Anthropologie, Good Vibrations, Babeland, and more.

Education:
We know that education is of the utmost importance for products like ours, which is why we focus on educational efforts not only for our D2C customers but for our retail partners nationwide. Providing weekly product trainings for our retail partners ensures speedy sell-through and quicker turn-around on reorders.

Referrals:
Our loyal customers not only re-purchase Quim products but use the Quim referral program to spread the word. In 2020 alone, the referral program drove 16% of total CBD sales. The fact that people are motivated to share Quim’s products, despite their intimate nature, demonstrates the efficacy of our products and the brand loyalty we’ve fostered within our customer base.

Expansion plans:
With our current traction, we estimate that our brand will be able to expand our CBD line internationally by EOY 2021, with Canadian manufacturing partnerships already in the works.

Market


$181.6B total addressable market

Quim is a first-to-market product that foretells the normalization of vaginal and intimate wellness awareness, allowing us to capitalize on a fast-growing growing trend. We are uniquely positioned at the intersection of three exploding industries - global CBD ($9.3B by 2025), SexTech ($122B by 2025) and FemTech ($50B by 2025). While we have already gained significant traction in the market, our expansion plan is to capitalize on our viral potential by expanding our D2C customer acquisition strategy and accelerating viral growth initiatives.

Competition


A full-spectrum approach to intimate wellness

Quim actively targets and serves four exploding industries, and our unique product line and focus on holistic vaginal wellness uniquely positions us to own significant market share. Our focus on vaginal health as a precursor to sexual pleasure differentiates us from competitors who market their products as either supporting vaginal health or increasing sexual pleasure. In the growing vaginal health market, Quim is differentiated both by the quality of our products and the values of our company.

Proactive, not reactive:
Quim products are designed with proactive vaginal health in mind, rather than the many reactive solutions already out there. Instead of focusing only on THC or CBD, we create products with a more holistic vision in mind, including a number of all-natural ingredients, like tea tree oil, damiana and apricot kernel oil, that have integral vaginal health benefits.

Inclusivity:
At Quim, we pride ourselves on being a mission-oriented brand, focused on inclusivity. We design our packaging, website and marketing materials to ensure that our products feel inclusive for anyone in need of vaginal health products, regardless of their gender.

Staying focused:
Since our product launch in 2017, Quim has been a vaginal wellness company. Not tempted by the "shiny objects" of the cannabis industry, we've continued to stay in our lane and have grown our vaginal health line with laser focus.

Low overhead:
Aside from running a lean team, Quim has been able to keep overhead low by working with licensed THC and CBD manufacturers, keeping our costs low and allowing us flexibility.

Vision and strategy


A global intimate care brand normalizing vaginal health and wellness

Our long-term vision is to normalize vaginal health and wellness through product creation and conversation. We intend to be at the forefront of a movement to bring relief and satisfaction to a little cared for and intimate part of the body that has been stigmatized for far too long.

Short term goals (2020-2021):

  • Launch subscription model

  • Diversify paid advertising channels

  • Canadian expansion

  • Deepen community engagement

Long term goals (2022-2024):

  • International expansion to EU and Asian markets through licensing agreement

  • Expansion of product line to include additional products that support sustainable practices of intimate self-care

  • An educational content platform that democratizes the sharing of experiences of people battling intimate health issues

Funding


$913K raised to date

Quim launched its seed round of funding in 2018, which was used to help bring Quim THC packaging into compliance, launch two hemp-CBD products, hire our first full-time employee, and launch the direct-to-consumer side of our business. We are currently raising funds in order to expand our direct-to-consumer marketing initiatives, hire a digital marketing specialist, and continue to expand the Quim product line.

Notable investors include: Paul Rosen, founder of Cronos, and Bá Minuzzi, founder of Babel Ventures

Founders


Cyo Ray Nystrom is the CEO and co-founder of Quim. Before joining the cannabis industry in 2015, Cyo worked in San Francisco selling marketing software to enterprise companies such as Ulta Beauty and Discover. She decided to bring her knowledge and expertise into the cannabis industry after California Governor, Jerry Brown, introduced the groundbreaking Medical Cannabis Regulation and Safety Act. Her involvement in the industry is deeply personal, as her father was incarcerated for nonviolent cannabis crimes during her childhood. In joining the growing cannabis industry, she saw an opportunity to shape the way the legislation was formed such that small businesses were able to continue operating without risking their families' well-being. 

After dealing with persistent vaginal health issues her whole life, Cyo began making her own proactive vaginal health products at age 23. Since entering the cannabis industry, she got further exposure to the healing topical benefits of vaginal cannabis and expanded her own recipes to include extracted cannabis and started gifting it to friends and family. Resounding support from her earliest product testers inspired Cyo to bring in childhood friend, Rachel Washtien, to create a line of topicals that addressed many of the intimate health issues she and her community were dealing with. After beta-launching Quim’s first products in a few selected dispensaries, Cyo and Rachel were highly featured on an episode of Viceland TV’s show Slutever, which aired to over 10M worldwide. This exposure drove increased demand for Quim’s products and, shortly after, Cyo left her role at Meadow to focus on Quim full-time. Working on Quim not only allows her to create products that address her own health history and work in an industry that she has deep personal roots in, but also combines both her passion for cannabis as medicine and sustainable intimate wellness. She is heavily involved in both the cannabis and sexual wellness spaces, frequently speaking on panels and participating in industry events. Notable accomplishments include being named ‘Top 100 Most Influential Women in Weed’, being included in High Times’ ‘Female 50’, and winning a number of international pitch competitions (SXSW ‘20), (ArcView ‘18).

Rachel Washtien is the COO and co-founder of Quim. After studying Economics at Occidental college, Rachel went on to manage a number of consumer-facing businesses from both an operations and financial standpoint. Through her work at Omnicom, Rachel gained experience in marketing and advertising, with expertise in direct-to-consumer messaging and campaign planning. Rachel went on to serve as the COO and founding member of Techne Collective, managing the business from a legal and financial standpoint. As Head of Operations at Mission de Flores, Rachel spearheaded both operations and marketing, growing the businesses Instagram following by 200% in 6 months, and streamlining order management and operations to maximize efficiency. Rachel is deeply involved in the cannabis community, attending events and panels on a regular basis, and maintaining close relationships with Quim distributors and retailers.

Deal terms


Valuation cap

$10,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

20%

If a trigger event for Quim occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$20

The smallest investment amount that Quim is accepting.
Learn more

Funding goal

$1.07M

The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Quim needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Quim Rock, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Quim Crowd SAFE Quim Form C:A.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Quim.
Invest
$150
Receive
  • $50 Quim Credit
Invest
$300
Receive
  • $100 Quim Credit
Invest
$1,000
Receive
  • $500 Quim Credit
Invest
$3,000
Receive
  • $500 Quim Credit
  • 15% OFF Quim’s CBD line through 2021
Invest
$10,000
Receive
  • $500 Quim Credit
  • 15% OFF Quim’s CBD line through 2021
  • Quarterly Investor Updates from Quim
Invest
$25,000
Receive
  • $500 Quim Credit
  • 15% OFF Quim’s CBD line through 2021
  • Quarterly Investor Updates from Quim
  • 1:1 virtual meeting with Quim founders

Why others invested

See all reviews (0) See all (0)

I believe in the team and think the product has the opportunity to enhance the lives of millions of people (both women and men) around the world.

Profile picture of Michael Bostarr
Michael Bostarr
Investor
almost 5 years ago

I love that this is a women founded business that is targeting a hot intersection of plant medicine and sexual health.

Profile picture of Emily Paxhia
Emily Paxhia
Investor
almost 5 years ago

Quim looks like ie have an opportunity to make it big and I want to go along for the ride. I'm new to Republic and not sure how it works so, help with what to do Oct 19 is greatly appreciated if you let me know.

Profile picture of Beverley Foster
Beverley Foster
Investor
almost 5 years ago

About Quim

Legal Name
Quim Rock, Inc.
Founded
Oct 2016
Form
California Corporation
Employees
3
Website
itsquim.com
Social Media
Headquarters
Google Map location of of Quim
3238 18th Street , San Francisco, CA
Headquarters
3238 18th Street, San Francisco, CA, United States 94110

Quim Team
Everyone helping build Quim, not limited to employees

Profile picture of Cyo Nystrom
Cyo Nystrom
CEO + co-founder
Featured in Superheroes · Read
Profile picture of Rachel Washtien
Rachel Washtien
COO + co-founder
Profile picture of Paul Rosen
Paul Rosen
Quim Investor + Mentor
Profile picture of Danielle McWaters
Danielle McWaters
Quim Design Advisor
Profile picture of Dana Twomey
Dana Twomey
Quim Financial Advisor
Profile picture of Esha Jalota
Esha Jalota
Growth Manager
4 more team members
Cyo Nystrom
CEO + co-founder
Rachel Washtien
COO + co-founder
Paul Rosen
Quim Investor + Mentor
Danielle McWaters
Quim Design Advisor
Dana Twomey
Quim Financial Advisor
Esha Jalota
Growth Manager

Press

CBD Lube | Best CBD Lube 2020 - SF Weekly
SF Weekly SF Weekly
·
Jul 18, 2020

COVID got you stressed? Sip some CBD tea. Do your feet hurt after a 5k run? Then massage them with some CBD cream. In the...

So It's Your First Valentine's Day Together-Here's What t...
Men's Health Men's Health
·
Feb 4, 2020

Will this coming Valentine's Day be the first you spend together as a couple? Here are the 33 best gift ideas if you're i...

Miss Grass Staffer's Most Wanted Holiday Gifts
Miss Grass Miss Grass
·
Nov 20, 2019

It's officially holiday season, and the gift guides are a'flowing. So too is the stress, in many cases. Between trying to...

The 5 Best Products I Discovered at the Indie Beauty Expo
The Strategist The Strategist
·
Sep 12, 2019

The 5 Best Products I Discovered at the Indie Beauty Expo including Camellia & Rose Gentle Hydrating Cleanswer, Flair Eye...

High Folks: Cyo Nystrom Wants to Change The Way The World...
High Times High Times
·
Sep 12, 2019

Vaginal health, weed, and sex are three of Cyo Nystrom's favorite things. As one of the co-founders of Quim, "a self-care...

CBD Lube Can 1000% Make Your Sex Life Better
Shape Shape
·
Jun 26, 2019

CBD for your lattes. CBD for your lats. And now, CBD lube for your labia. Yes, really. CBD-infused lube is indeed a *thin...

A Silicon Valley Pot Deal
The Atlantic The Atlantic
·
Apr 20, 2018

When venture capitalists steeped in mainstream industries encounter cannabis entrepreneurs, they expect a level of profes...

The Right Way to Shave Your Hair Down There
Byrdie Byrdie

There's a lot of discourse surrounding what hair "should" or "shouldn't" be present on the body. While there's a time and...

35 Stylish Gifts Any Cannabis Enthusiast Would Appreciate
SELF SELF

If it feels like the world of cannabis (marijuana) has matured, you're not imagining it. More and more, cannabis users ar...

All These Brands Are Having Sales to Celebrate National C...
Allure Allure

As cannabis legalization spreads across America, THC is moving aside to make room for fellow cannabinoid CBD. CBD won't g...

Gossamer | Cyo Nystrom
Gossamer Gossamer

In October 2017, Rachel and I got connected with someone at Viceland, and we filmed an episode of Slutever in San Francis...

SXSW 2020: Announcing The Winner Of The Cannabis Business...
Forbes Forbes

The COVID-19 pandemic meant, among many other things, that every major event in the U.S. - and most of the world - had to...

Show all
Logo of Quim

Quim

Quim successfully raised $306,902 from 619 investors on January 23, 2021
Profile picture of Beverley Foster
Profile picture of McKenzie Hagan
Profile picture of Huong Nguyen
Profile picture of Patricia Harris
Profile picture of Brian Norris
Beverley, McKenzie, Huong, Patricia, Brian, and 614 others invested. 185 Reviews
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