Williams: Red Drop generated $5M total revenue, $3M last year
Monica Williams · Women-Led Startup Funding: Will Investors Bet on This $5M Bootstrapped Feminine Hygiene Brand? · Apr 17, 2024 · at 3:14
Monica Williams, CEO and co-founder of tween feminine hygiene brand Red Drop, pitches venture investors on The Pitch.
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“We've generated five million dollars in revenue since our launch in 2021, three million dollars last year”
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More from Monica Williams
Williams: RedDrop will reach $100M revenue within three years
“I have no doubt that we will be
Eight figures in 18 months, and nine figures in probably 24 to 36 for sure.”
Williams: Legacy teen pad brands just repackage adult size-one pads
“Well, to your point, Beck, there's, honestly, there's only one tween brand. If you go into the store, there's always Kotex and Stay Free. They have a teen brand. If you open the package, It's a size one adult pad. It doesn't fit. That isn't tween, that's teen.…”
Williams: Red Drop is raising a $500,000 seed round
“I'd love to invite you to join a five, I'm sorry, 500,000 dollar seed round that we're raising for scale”
Williams: 26 states require public schools to buy feminine hygiene products
“26 states are required to buy feminine hygiene for students, and so we go and do conferences and school nurses spaces where we sell to schools as well, so it's really customer acquisition for which we are paid.”