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Barber Surgeons, Inc. is offering securities under both Regulation D and Regulation CF through SI Securities, LLC ("SI Securities"). SI Securities is an affiliate of SeedInvest Technology, LLC, a registered broker-dealer, and member FINRA/SIPC. SI Securities will receive cash compensation equal to 5.00% of the value of the securities sold and equity compensation equal to 5.00% of the number of securities sold. Investments made under both Regulation D and Regulation CF involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest. Furthermore, this profile and accompanying offering materials may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. Investors should review the risks and disclosures. The contents below are meant to be a summary of the information found in the company’s Form C. Before making an investment decision, investors should review the company’s Form C for a complete description of its business and offering information, a copy of which may be found both here and below.

Hair Restoration Market

$2 Billion

Men's Grooming Market

$21 Billion

  • $1,000,000+ revenue to date
  • Co-founder has founded and sold three companies since 2014
  • $180,000+ booked revenue for November 2016
  • 80 million people in the US suffering from hair thinning and loss
  • Only 5% of the 100K annual hair restoration procedures in the U.S. are currently robotic
  • Amount raised:  
  • Close date:  
  • Indicated Interest:  
  • Round Size:  US $500,000
  • Raise Description:  Seed
  • Minimum Investment:  US $500 per investor
  • Security Type:  Crowd Note
  • Target Minimum Raise Amount:  US $150,000
  • Offering Type:   Side by Side Offering

Men’s grooming for the modern man. Measure twice, cut once.


Barber Surgeons Guild provides high quality products and services for men’s grooming and maintenance.

During the Middle Ages, the barber surgeon was one of the most common medical practitioners of medieval Europe, tending to soldiers during battle. They were a coalition of tradesmen essential to the order of society that were expected to do everything from cutting hair to surgery.

We created Barber Surgeons Guild in honor of this tradition with a commitment to providing men the full spectrum of products, services and science to look and feel their best.

Barber Surgeons Guild is the only company that offers men’s grooming services and products alongside the most advance medical therapies for hair maintenance in-store and online.

The Company

Barber Surgeons Guild locations will be highly curated environments offering men the best in grooming and maintenance. Each location will include:

  • Retail – featuring BSG products
  • Barbershop – master barbers providing haircuts, shaves and styling advice
  • Advanced Hair Therapies – doctors advising and performing the latest in hair regeneration 

The Barber Surgeons Guild digital platform will be an immersive styling experience continuing our commitment to our customers wherever they are, whenever they need us. Our online experience will include:

  • E-Commerce – highlighting BSG products and others we recommend
  • Subscription Service – recurring delivery and convenience of BSG products sent to our clients front door
  • Expert Content – top editors and stylists sharing the latest trends, styles, how-tos and must-haves

The Barber Surgeons Guild product line will be produced with high-quality ingredients and advanced medical science. The first line of products will include shampoo, conditioner, pomade, clarifier and styling cream. BSG products will be available exclusively through BSG locations, BSG e-commerce store, BSG subscription service, and select retailers.

The Community

Paying homage to our predecessors from the middle ages, we are creating a 21st century Barber Surgeons Guild to empower and engage the leading experts in the field of men’s grooming. The highly selective affiliate network, the Barber Surgeons Guild, will be a collection of the top barbers, stylists, and influencers across the country. Members will be featured in our content, share advice with our community, have the opportunity promote our brand and share our products with their clients and audiences..

The Evolution

Our hair restoration practice is essential to our business model, and we believe it will be a key differentiator in the market. Co-founder Dr. Justin Rome is an expert in hair regeneration and will oversee the clinical services and therapies we offer. We built Barber Surgeons Guild for the 80 million people in the US suffering from hair thinning and loss, who want innovative, proven, and trustworthy products and techniques to enhance their style.

Why Crowdfunding? 

The SeedInvest platform provides the opportunity to create a large diverse investor base that can collectively add exponential value to the company. A strategic collection of early investors can promote the company through exclusive networks helping us quickly reach influential and affluent men in major cities. We believe the combination of investors who are brand champions in this category is very powerful and provides the company with a significant competitive advantage.

Investor Roadshow

If you're interested in connecting with the founders, they will be in NYC. To learn more, visit: https://bsgroadshow.splashthat.com/. Note: these events are for interested investors only. RSVPs required. Space is limited.

Investor Webinar

If you're interested in learning more about the company, join us for an investor webinar with the founders on Friday, Feb. 24th at 3 PM EST. RSVPs required. To RSVP, please visit: https://attendee.gotowebinar.com/register/953536446862569475

Pitch Deck

Product & Service

Barber Surgeons Guild products

Barber Surgeons Guild products will be available through our retail locations, e-commerce store and subscription services, and in select retailers. Our products are being produced by a leading factory using the highest quality and most advanced ingredients. Our goal is to have our products become the essentials that every man will need in his grooming routine.

Hair Restoration / Clinical Services

By incorporating advanced medical therapies to regrow hair including micro-surgical robotics and regenerative medicine techniques with growth factors, stem cells, and lasers in the setting of a high-end men's grooming and retail experience, we plan to change the hair regeneration space and become the leading authority in men’s grooming. Current advances in hair restoration over the past few years have been significant, yielding natural and scarless results once thought impossible, yet 50% of the 100,000 procedures in the US performed annually are still the 30 year old "strip" scarring method being promoted by a large chain who runs infomercials.

Locations

Our first location will open in Los Angeles in West Hollywood in Q1 2017. This will include our curated retail; barbershop and clinical practice setting the template for future rollouts in the coming year. Our plan is to follow our location in Los Angeles with locations in New York City, Miami, San Francisco, and other major cities.

The successful hair regeneration practice of co-founder Dr. Justin Rome generated $1,000,000+ in revenue in 2016 and drove $180,000+ in revenue in November, and will be rolled into this first location providing a foundation for the company to quickly scale.

Online and E-Commerce

In addition to our physical locations, Barber Surgeons Guild will have a significant digital presence focused on providing our customers with access to our products and the latest trends on men’s grooming. Our e-commerce destination, like our stores, will feature Barber Surgeons Guild products alongside our other favorites, all of which will be highlighted through the content we create.

Prior to the creation of Barber Surgeons Guild, the website of Dr. Rome’s practice received less than 1,000 uniques a month, with zero social media presence, yet still generated revenue of more than $1 million in 2016. We believe the creation of an immersive digital experience providing industry leading content, alongside the introduction of new revenue streams and scalable affiliate network, will position the company for success. 

Milestones

In the upcoming year, our plan is to add the following: 

  • 50,000 unique visitors per month to our website 
  • 10,000 social followers
  • 15,000 emails to our database
  • A Barber Surgeons Guild product line (with a subscription box service)
  • Locations in LA and NYC
  • E-commerce and mobile app
  • An affiliate network of grooming experts across the country that are members of the guild 

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Invitation to Event on January 11th - January 12th: https://bsgnyc.splashthat.com/

Team Story

Our founders met when Ari S. Goldberg scheduled a consultation with Dr. Justin Rome. Goldberg had been researching the men's grooming and hair restoration space for more than a year meeting with top doctors in NYC and LA.

During their meeting Goldberg explained his vision for creating the Bosley of the 21st century, a company that could combine the success of DryBar (grooming services and products) and Dollar Shave Club (grooming products and subscription services) with Bosley (hair restoration procedures) in an exclusive, modern environment.

Over six months they met and collaborated, combining Dr. Rome's expertise in the medical space with Goldberg's experience in digital media. Together along with their founding team they are committed to creating an industry leader that will provide men with the full arsenal of products and services to look their best. 

Meet the Founders

An innovative serial entrepreneur, Goldberg brings a multi-faceted expertise in marketing, strategy, pop-culture, consumer behavior, and business development. Goldberg was the Founder and CEO of StyleCaster (acquired by SheKnows, 2014), Co-Founder of Sociocast (acquired by Aol, 2015) and Founding Member of Qwiki (acquired by Yahoo, 2014). Prior to StyleCaster, Goldberg served as VP of Strategy and Business Development for LeBron James and LRMR Marketing, and Director of Business Development for Steve Stoute at Translation. He has been featured in numerous outlets including the New York Times, Fox Business News, and Bloomberg News among others. Goldberg holds degrees in both economics and political science from New York University and additionally studied in the sports marketing master’s degree program at New York University.

Dr. Rome is a fellowship trained facial plastic surgeon.  He performed over 500 manual and robotic FUE cases in his fellowship before opening his own location in Beverly Hills which he started in 2015.  His center has been recognized as an ARTAS Center of Clinical Excellence for 2015 and 2016.  Dr. Rome is dedicated to innovation and advancement in the field of hair restoration and is a primary investigator for a research project on anesthesia options in hair restoration. Dr. Justin Rome underwent extensive training in his surgical subspecialty. After he graduated from Drexel University College of Medicine in Philadelphia, PA, he completed an Internship at Lenox Hill Hospital in New York City, NY, followed by a Residency at Albert Einstein University in Bronx, NY, then finally Fellowships at the Bassin Center for Plastic Surgery and The Orlando Hair Restoration Center in Orlando, FL. Dr. Rome is an active member of following associations: American Academy of Cosmetic Surgery, American College of Surgeons, American society of Hair Restoration Surgery, American society of Liposuction Surgery, American Society of Cosmetic Laser Surgery, and the California Academy of Cosmetic Surgery.

Ari Goldberg

Founder

An innovative serial entrepreneur, Goldberg brings a multi-faceted expertise in marketing, strategy, pop-culture, consumer behavior, and business development. Goldberg was the Founder and CEO of StyleCaster (acquired by SheKnows, 2014), Co-Founder of Sociocast (acquired by Aol, 2015) and Founding Member of Qwiki (acquired by Yahoo, 2014). Prior to StyleCaster, Goldberg served as VP of Strategy and Business Development for LeBron James and LRMR Marketing, and Director of Business Development for Steve Stoute at Translation. He has been featured in numerous outlets including the New York Times, Fox Business News, and Bloomberg News among others. Goldberg holds degrees in both economics and political science from New York University and additionally studied in the sports marketing master’s degree program at New York University.

Justin Rome

Founder

Dr. Rome is a fellowship trained facial plastic surgeon.  He performed over 500 manual and robotic FUE cases in his fellowship before opening his own location in Beverly Hills which he started in 2015.  His center has been recognized as an ARTAS Center of Clinical Excellence for 2015 and 2016.  Dr. Rome is dedicated to innovation and advancement in the field of hair restoration and is a primary investigator for a research project on anesthesia options in hair restoration. Dr. Justin Rome underwent extensive training in his surgical subspecialty. After he graduated from Drexel University College of Medicine in Philadelphia, PA, he completed an Internship at Lenox Hill Hospital in New York City, NY, followed by a Residency at Albert Einstein University in Bronx, NY, then finally Fellowships at the Bassin Center for Plastic Surgery and The Orlando Hair Restoration Center in Orlando, FL. Dr. Rome is an active member of following associations: American Academy of Cosmetic Surgery, American College of Surgeons, American society of Hair Restoration Surgery, American society of Liposuction Surgery, American Society of Cosmetic Laser Surgery, and the California Academy of Cosmetic Surgery.

Q&A with the Founder

  • Please detail the relationship and ongoing interaction you have with your customers.
    Customers currently contact Dr. Justin Rome's office mainly via SEM leads and patient referrals. In the future we hope to exponentially increase our customer deal flow from the internet as well as from the consulting members of our affiliate Guild of Barber Surgeons network, which we believe will allow us to achieve procedure saturation (1 case per day 5 days per week) in a matter of months from opening. We also plan to launch a subscription based e-commerce revenue stream which we will utilize to market and sell private labeled and 3rd party products to our database
  • Regarding Justin's current practice, can you tell me what the two revenue lines consist of?
    (1) Patient fees: accounts for all hair restoration procedures services. (2) Consulting: occasionally I train other doctors on hair restoration and I receive a consulting fee in return. This is a very small additional revenue stream and is not part of our financial model.
  • Can you break out what is under Medical Supplies / Equipment, Accounts Receivable and Outside Services?
    Medical supplies are what's needed to perform procedures. Also there are usage fees associated with the hair robot which is classified as medical supplies. Accounts receivable is where all funds are received for patient fees. Outside services are my 1099 employees which is most of my staff as they assist for procedures as scheduled. Payroll may seem low since I currently only have one W2 employee; the rest are 1099 employees who work as needed for me and are classified under "Outside Services".
  • Regarding Justin's current practice, can you tell me what Distributions are?
    I don't take a salary so I occasionally take primary distributions to myself though this business. This will change with the reorganization to BSG.
  • What is your projected model based on?
    Model is built mainly on services; does not account for e-commerce and in store products.
  • The Q&A with the Founder is based on due diligence activities conducted by SI Securities, LLC. The verbal and/or written responses transcribed above may have been modified to address grammatical, typographical, or factual errors, or by special request of the company to protect confidential information.

    Side by Side Term Sheet

    A Side by Side offering refers to a deal that is raising capital under two offering types. If you plan on investing less than US $20,000.00, you will automatically invest under the Regulation CF offering type. If you invest more than US $20,000.00, you must be an accredited investor and invest under the Regulation D offering type.


    Terms & DescriptionRegulation D - Rule 506(c)Regulation CF
    Investor TypesAccredited OnlyAccredited and Non-accredited
    Round descriptionSeedSeed
    Round sizeUS $500,000US $500,000
    Offering capN/AUS $500,000
    Minimum investment$20,000US $500
    Target minimumUS $150,000US $150,000
    Security typeCrowd NoteCrowd Note
    Conversion of the Crowd NoteThe Crowd Note will convert into preferred equity at a $7M pre-money valuation within 30 days of the round’s close for major purchasers and upon the election of the company or upon a corporate transaction for non-major purchasers.The Crowd Note will convert into preferred equity at a $7M pre-money valuation within 30 days of the round’s close for major purchasers and upon the election of the company or upon a corporate transaction for non-major purchasers.

    Investor Perks

    • Invest $5,000: three month free subscription box (~$300 value) beginning Spring 2017 (currently in development)
    • Invest $10,000: $3,500 credit to the first procedure (average procedure is $14,500)
    • Invest $50,000: First procedure free, plus years worth of subscription

    It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment.

    Financial Discussion

    Our financial statements can be found at Exhibit B to the Form C of which this Offering Memorandum forms a part. Barber Surgeons MSO, LLC was formed in July 2016 and later converted to Barber Surgeons, Inc. on October 14, 2016. The company has no operating history.

    Financial Condition

    As a newly incorporated company, we have never recognized any revenues and have no operating history. Accordingly, we are a development stage company and are dependent on additional financing, including this Offering, in order to have the funds to develop our products and services in the United States.

    The preparation of financial statements includes estimates made by management and assumptions that affect certain reported amounts and disclosures. Accordingly, actual results can differ from those estimates.

    The company has an exclusive agreement to manage Barber Surgeons Guild, PC in exchange for a previously agreed management fee. The management agreement is perpetual in duration but permits the company, or Barber Surgeons Guild, PC, or both, to withdraw under certain circumstances. Additional agreements with future affiliates, if any, are expected to be substantially similar in their terms.

    Results of Operations

    Our company earned no revenue during the period ended November 15, 2016. The company will earn revenue in the form of management fees and share of net income from Barber Surgeons Guild, PC and other affiliates, including Justin E. Rome MD PC that Barber Surgeons’ Guild plans to acquire at the close of this Offering.

    Operating expenses consist 62% from rent, 20% from professional services, 11% from general and administrative expenses, and the remaining 7% derived from advertising costs. Our operating expenses through November 15, 2016 were $14,144.

    Liquidity and Capital Resources

    As of November 15, 2016, we had cash on hand in the amount of $129,981. During this period ending November 15, 2016, the company raised $162,500 through the sale of Preferred Stock. The cash on hand includes this capital raise minus cash flows from operating activities in the amount of $32,544 for security deposits and net loss for the period.

    The continuation of the company’s business is dependent upon raising adequate additional financial support, which includes raising additional capital through the issuance of equity, incurring additional debt through a financial institution, or the sale or merger of the company.

    We have not committed to make any capital expenditures, and in the event that we do not raise sufficient funds from this offering, we will defer the capital expenditures we have planned. 

    Indebtedness

    The company has no debt as of November 15, 2016 and has no plans to use any portion of the proceeds from this Offering to pay off debt.

    At the close of this Offering, Barber Surgeons Guild, PC will acquire the medical practice of Dr. Justin Rome, in exchange for cash and equity. This acquisition does not include any purchase of assets or licensing of intellectual property, which will occur in the ordinary course of business. Barber Surgeons Guild, PC plans to acquire the hair restoration practice, including equipment, workforce in place, and the right to all related items of revenue and expense for the fiscal year in exchange for increasing Dr. Rome’s salary $50,000 annually.

    Recent offerings of securities

    Concurrently with this Offering, we are issuing Preferred Stock to accredited investors under Rule 506(c) under the Securities Act. Key differences are that accredited investors, including major investors (those investors that invest $20,000 or more), will be issued Preferred Stock with some rights and privileges the Crowd Note in this Offering will not have.

    The company has already raised $162,500 in the concurrent Regulation D Offering of Preferred Stock. Matthew Rome’s investment syndicate Barber Shop Guild Investments, LLC has already invested $162,500 in the concurrent Regulation D Offering for 162,500 shares of Preferred Stock. Barber Shop Guild Investments, LLC has no relation to the company other than Matthew Rome’s intention to create a vehicle to invest in Barber Surgeons alongside some colleagues. As a result of the investment, the company plans to appoint Matthew Rome as a Director of Barber Surgeons’ Board of Directors at the close of this Offering.

    No interest was sold in the previous offering of LLC interest.

    Valuation

    We have not undertaken a valuation of the company. 

    Market Landscape

    Barber Surgeons Guild lies at the intersection of the $21 billion men's grooming and $2 billion hair restoration markets.

    Our goal is to create a brand that is modern, cool and accessible by making hair regeneration a natural component of the large men’s grooming routine. We believe we’ve developed a scalable model, which we plan to roll out in many cities, together with an e-commerce destination.

    Our digital ecosystem will include a sophisticated media and advertising operation including daily content, engaging social media, influencer, and affiliate marketing as well as other strategies that we believe will generate significant traffic to our products, services, and e-commerce.

    Our approach to retail is to research which cities we can be either first, or one of the first, to bring advanced hair restoration procedures to, including but not limited to ARTAS robotic reformation, platelet rich plasma injections, and ACell regenerative medicine. Once a city is identified we will begin online marketing and advertising in addition to PR and influencer outreach as least 90 days before the store opens.

    We believe the combination of these products and services for men’s grooming, available through a modern and trustworthy brand that exists in-store and online promoted by a community of engaged experts and enthusiasts will set a strong foundation for the company to become an industry leader.

    Risks and Disclosures

    We are selling convertible notes that will convert into shares or result in payment in limited circumstances, and in certain circumstances only at the option of the company. These notes do not have a maturity date and only convert or result in payment in limited circumstances. If there is a merger, buyout or other corporate transaction occurs before a qualified equity financing, investors will receive a payment of the greater of two times their purchase price or the amount of preferred shares they would have been able to purchase using the valuation cap. If there is a qualified equity financing (and only a financing using preferred shares will count for the purpose), the conversion price will be set for conversion into non-voting shares of a to-be-determined class of Preferred Stock. Only major investors will have their notes converted at this time, notes held by non-major investors will only convert at the sole discretion of the company or in the event of subsequent corporate transaction. Further, the notes convert based on a valuation cap meaning investors would be rewarded for taking an early risk compared to later investors. But you won’t know how much your investment is worth until that happens. The outside investors at the time conversion, if any, might value the company at an amount well below $7 million valuation cap, so you should not view the $7 million as being an indication of the company’s value. Further the interest on the notes is accrued interest; therefore you will not be paid interest payments on these notes. If you choose to invest, you should be prepared that your notes will never convert and will have no value. 

    We have not assessed the tax implications of using the Crowd Note. The Crowd Note is a type of debt security that does not include a set maturity date. As such, there has been inconsistent treatment under the state and federal tax law as to whether the Crowd Note can be considered a debt of the company, or the issuance of equity. Investors should consult their tax advisors. 

    Does anyone want our product and will they pay enough for it? We will only succeed (and you will only make money) if there is sufficient demand for men’s hair restoration products and services. Our clients must think that we offer a better option than competitor products and services (e.g., Bosley Medical, local plastic surgeons, dermatologist, Keihl’s, local high-end barbershops and salons, etc.) and they must be willing to pay our set prices that allows the company to make a profit and still attract business. 

    We have no operating history, and therefore, we cannot assess our growth rate and earnings potential. It is possible that our company will face many difficulties typical for development stage companies. These may include, among others: relatively limited financial resources; developing new products; delays in reaching its goals; unanticipated start-up costs; potential competition from larger, more established companies; and difficulty recruiting and retaining qualified employees for management and other positions. The company may face these and other difficulties in the future and some may be beyond its control. If the company is unable to successfully address these difficulties as they arise, the company’s future growth and earnings will be negatively affected. The company cannot be assured that our business model and plans will be successful or that we will successfully address any problems that may arise. It is possible that you could lose your entire investment. 

    Barber Surgeons Guild, PC has not yet acquired Justin E. Rome, MD PC, the Robotic Hair Restoration Center that the business relies on. Barber Surgeons’ Guild PC plans to acquire Justin E. Rome, MD PC, the medical practice of Barber Surgeons, Inc. Founder, President, Treasurer, Secretary and Medical Director, Dr. Justin Rome. Barber Surgeons Guild will acquire the medical practice at the close of this Offering, however, the company’s business plan depends largely on the business of the medical practice and its robotic hair restoration services. If Barber Surgeons’ Guild does not acquire the medical practice at the close of this Offering, then the company will not be able to pursue a large component its business plan. 

    Our business plan relies on the operations of Dr. Rome’s Robotic Hair Restoration Center as part of Barber Surgeons Guild, PC. Our business plan does not rely on the operations of the Barber Surgeons Guild nor Barber Surgeons, but of the clients Dr. Rome obtained through his own plastic surgery practice. Barber Surgeons, through its management and licensing agreement, manages the business of Barber Surgeons Guild, PC and it is Barber Surgeons Guild that plans to acquire Dr. Rome’s medical practice. We have no guarantee that these customers will be more inclined to obtain their services at an amalgamated business that features both a barbershop and hair restoration services. The clientele that Dr. Rome obtained were reliant on Dr. Rome’s plastic surgery practice and his physician office, not a company that offers men’s grooming products, services, and treatments in addition to the hair restoration services. Therefore, the financial statements of the medical practice provided may not accurately indicate the future of Barber Surgeons Guild that we set out in our business plan. 

    We have a small management team. We depend on the skills and experience of Dr. Justin Rome and Ari Goldberg. Dr. Rome works for the company full-time, however, Ari Goldberg has responsibilities to other companies. Our ability to raise sufficient capital may have an impact on our ability to attract and hire the right talent. 

    We rely on licensed professionals to provide our services. The company’s hair restoration services can only be provided by skilled and licensed professionals. Currently, Dr. Justin Rome is the only one capable of providing these services using the ARTAS robot. If we lose Dr. Rome, while we can find another licensed physician, it will impact our ability to hire someone with equivalent skills and talents; could financially affect the company and its business. 

    Dr. Rome’s medical practice owes lines of credit that are secured by the company’s assets and will be transferred to Barber Surgeons’ Guild when the company is acquired. As of September 30, 2016 the medical practice owes a total of $298,703 under lines of credit. Some of these loans payable are secured by the company’s assets. We are not using the proceeds of this Offering to pay off this debt, but we need to grow our revenues enough to service and repay this debt if we are to survive.

    The company is going to need more money. We might not sell enough securities in this Offering to meet our operating needs and fulfill our plans, in which case we will cease operating and you will get nothing. Even if we raise everything we are looking for, we will probably need to raise more funds in the future, and if we can’t get them, we will fail. Even if we do make a successful offering in the future, the terms of that offering might result in your investment in the company being worthless, because later investors might get better terms. 

    We have a number of competitors. There are already a number of companies, barbershops, salons, plastic surgeons, and others individually providing similar hair restoration services, men’s grooming, and products. While these competitors may not provide all the services at one location, they may be able to sell products and services that achieve similar benefits to consumers at a lower price. 

    We rely on third party vendors for equipment, like the ARTAS Robot, to provide our hair restoration services. We rely on third party vendors for the ARTAS Robot and other equipment to conduct the hair transplant. If Restoration Robotics, Inc. faces manufacturing constraints (including more demand of the robot from our competitors), that could impact our ability to provide our services. If new technology is developed that is better than the ARTAS robot we could change technologies, but doing so may negatively impact our business or not provide the same benefit and outcome that the company aimed to achieve. However, if there is no new technology and we are unable to use the ARTAS robot, we will not be able to provide our services.

    We are not the only ones using the ARTAS system. We have a number of competitors that are also trained to use the ARTAS robot. Any physician can go through training to use the ARTAS system. Therefore, Dr. Rome is not the only physician in the United States specializing in this method of hair restoration. And even though there are currently 6 ARTAS Robots owned by other physicians in the Los Angeles area, any physician can train to use the ARTAS system and purchase the robot; increasing this number over time and inversely effecting price.

    There already exists a barbershop named Guild of Barber Surgeons. The Guild of Barber Surgeons is a barbershop based out of Fullerton, California. We are not associated with this local barbershop. Although the barbershop only provides haircutting and hot shave services, pomades, and shave products, this may conflict with our own business and our brand. 

    Changes in healthcare regulation may impact our ability to conduct our business. The medical aspects of our business supported by the company are subject to various healthcare laws and heavy regulatory burden. Changes in healthcare regulation could materially impact or even eliminate the ability of our company’s contract counterparts to provide medical services. 

    The potential markets for our products are characterized by rapidly changing technology, evolving industry standards, frequent enhancements to existing treatments and products, the introduction of new services and products, and changing customer demands. The company’s success could depend on our ability to respond to changing product standards and technologies on a timely and cost-effective basis. In addition, any failure by the company to anticipate or respond adequately to changes in technology and customer preferences could have a material adverse effect on its financial condition, operating results, and cash flow. 

    You can’t easily resell the securities. There are restrictions on how you can resell your securities for the next year. More importantly, there is no market for these securities (or the equity securities into which they will eventually convert), and there might never be one. It’s unlikely that the company will ever go public or get acquired by a bigger company. That means the money you paid for these securities could be tied up for a long time. 

    General Risks and Disclosures

    Start-up investing is risky. Investing in startups is very risky, highly speculative, and should not be made by anyone who cannot afford to lose their entire investment. Unlike an investment in a mature business where there is a track record of revenue and income, the success of a startup or early-stage venture often relies on the development of a new product or service that may or may not find a market. Before investing, you should carefully consider the specific risks and disclosures related to both this offering type and the company which can be found in this company profile and the documents in the data room below.

    Your shares are not easily transferable. You should not plan on being able to readily transfer and/or resell your security. Currently there is no market or liquidity for these shares and the company does not have any plans to list these shares on an exchange or other secondary market. At some point the company may choose to do so, but until then you should plan to hold your investment for a significant period of time before a “liquidation event” occurs. A “liquidation event” is when the company either lists their shares on an exchange, is acquired, or goes bankrupt.

    The Company may not pay dividends for the foreseeable future. Unless otherwise specified in the offering documents and subject to state law, you are not entitled to receive any dividends on your interest in the Company. Accordingly, any potential investor who anticipates the need for current dividends or income from an investment should not purchase any of the securities offered on the Site.

    Valuation and capitalization. Unlike listed companies that are valued publicly through market-driven stock prices, the valuation of private companies, especially startups, is difficult to assess and you may risk overpaying for your investment. In addition, there may be additional classes of equity with rights that are superior to the class of equity being sold.

    You may only receive limited disclosure. While the company must disclose certain information, since the company is at an early-stage they may only be able to provide limited information about its business plan and operations because it does not have fully developed operations or a long history. The company may also only obligated to file information periodically regarding its business, including financial statements. A publicly listed company, in contrast, is required to file annual and quarterly reports and promptly disclose certain events — through continuing disclosure that you can use to evaluate the status of your investment.

    Investment in personnel. An early-stage investment is also an investment in the entrepreneur or management of the company. Being able to execute on the business plan is often an important factor in whether the business is viable and successful. You should be aware that a portion of your investment may fund the compensation of the company’s employees, including its management. You should carefully review any disclosure regarding the company’s use of proceeds.

    Possibility of fraud. In light of the relative ease with which early-stage companies can raise funds, it may be the case that certain opportunities turn out to be money-losing fraudulent schemes. As with other investments, there is no guarantee that investments will be immune from fraud.

    Lack of professional guidance. Many successful companies partially attribute their early success to the guidance of professional early-stage investors (e.g., angel investors and venture capital firms). These investors often negotiate for seats on the company’s board of directors and play an important role through their resources, contacts and experience in assisting early-stage companies in executing on their business plans. An early-stage company may not have the benefit of such professional investors.

    Barber Surgeons, Inc.'s Form C

    The Form C is a document the company must file with the Securities and Exchange Commission, which includes basic information about the company and its offering and is a condition to making a Reg CF offering available to investors. It is important to note that the SEC does not review the Form C, and therefore is not recommending and/or approving any of the securities being offered.

    Download Barber Surgeons, Inc.'s  Form C

    Frequently Asked Questions

    About Side by Side Offerings
    What is Side by Side?

    A Side by Side offering refers to a deal that is raising capital under two offering types. This Side by Side offering is raising under Regulation CF and Rule 506(c) of Regulation D.


    What is a Form C?

    The Form C is a document the company must file with the Securities and Exchange Commission (“SEC”) which includes basic information about the company and its offering and is a condition to making a Reg CF offering available to investors. It is important to note that the SEC does not review the Form C, and therefore is not recommending and/or approving any of the securities being offered.

    Before making any investment decision, it is highly recommended that prospective investors review the Form C filed with the SEC (included in the company's profile) before making any investment decision.


    What is Rule 506(c) under Regulation D?

    Rule 506(c) under Regulation D is a type of offering with no limits on how much a company may raise. The company may generally solicit their offering, but the company must verify each investor’s status as an accredited investor prior to closing and accepting funds. To learn more about Rule 506(c) under Regulation D and other offering types check out our blog and academy.


    What is Reg CF?

    Title III of the JOBS Act outlines Reg CF, a type of offering allowing private companies to raise up to $1 million from all Americans. Prior capital raising options limited private companies to raising money only from accredited investors, historically the wealthiest ~2% of Americans. Like a Kickstarter campaign, Reg CF allows companies to raise funds online from their early adopters and the crowd. However, instead of providing investors a reward such as a t-shirt or a card, investors receive shares, typically equity, in the startups they back. To learn more about Reg CF and other offering types check out our blog and academy.


    Making an Investment in Barber Surgeons, Inc.
    How does investing work?

    When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an independent escrow agent will watch over your investment until it is accepted by Barber Surgeons, Inc.. Once Barber Surgeons, Inc. accepts your investment, and certain regulatory procedures are completed, your money will be transferred from the escrow account to Barber Surgeons, Inc. in exchange for your shares. At that point, you will be a proud owner in Barber Surgeons, Inc..


    What will I need to complete my investment?

    To make an investment, you will need the following information readily available:

    1. Personal information such as your current address and phone number
    2. Employment and employer information
    3. Net worth and income information
    4. Social Security Number or government-issued identification
    5. ABA bank routing number and checking account number (typically found on a personal check or bank statement)

    If you are investing under Rule 506(c) of Regulation D, your status as an Accredited Investor will also need to be verified and you will be asked to provide documentation supporting your income, net worth, revenue, or net assets or a letter from a qualified advisor such as a Registered Investment Advisor, Registered Broker Dealer, Lawyer, or CPA.


    What is a Crowd Note?

    The Crowd Note is a security which allows crowd investors to largely realize the same economic benefit traditional investors have historically received when investing in startups. For a convertible note round, investors under $20,000 will have their investment convert into preferred equity at liquidity event, locking in a share price at a discount to the next priced round, and will have an interest rate on their investment. Investors investing $20,000 and over will convert into preferred equity at the subsequent priced round at a discount to that priced round and will have an interest rate on their investment. For a priced round, investors under $20,000 will have their investment convert into preferred equity at a liquidity event, locking in the share price of the current round.


    How much can I invest?

    An investor is limited in the amount that he or she may invest in a Reg CF offering during any 12-month period:

    • If either the annual income or the net worth of the investor is less than $100,000, the investor is limited to the greater of $2,000 or 5% of the lesser of his or her annual income or net worth.
    • If the annual income and net worth of the investor are both greater than $100,000, the investor is limited to 10% of the lesser of his or her annual income or net worth, to a maximum of $100,000.

    Separately, Barber Surgeons, Inc. has set a minimum investment amount of US $500.

    Accredited investors investing $20,000 or over do not have investment limits.


    After My Investment
    What is my ongoing relationship with the Issuer?

    You are a partial owner of the company, you do own shares after all! But more importantly, companies which have raised money via Regulation CF must file information with the SEC and post it on their websites on an annual basis. Receiving regular company updates is important to keep shareholders educated and informed about the progress of the company and their investment. This annual report includes information similar to a company’s initial Reg CF filing and key information that a company will want to share with its investors to foster a dynamic and healthy relationship.

    In certain circumstances a company may terminate its ongoing reporting requirement if:

    1. The company becomes a fully-reporting registrant with the SEC
    2. The company has filed at least one annual report, but has no more than 300 shareholders of record
    3. The company has filed at least three annual reports, and has no more than $10 million in assets
    4. The company or another party purchases or repurchases all the securities sold in reliance on Section 4(a)(6)
    5. The company ceases to do business

    However, regardless of whether a company has terminated its ongoing reporting requirement per SEC rules, SeedInvest works with all companies on its platform to ensure that investors are provided quarterly updates. These quarterly reports will include information such as: (i) quarterly net sales, (ii) quarterly change in cash and cash on hand, (iii) material updates on the business, (iv) fundraising updates (any plans for next round, current round status, etc.), and (v) any notable press and news.


    How can I sell my shares in the future?

    Currently there is no market or liquidity for these shares. Right now Barber Surgeons, Inc. does not plan to list these shares on a national exchange or another secondary market. At some point Barber Surgeons, Inc. may choose to do so, but until then you should plan to hold your investment for a significant period of time before a “liquidation event” occurs. A “liquidation event” is when Barber Surgeons, Inc. either lists their shares on an exchange, is acquired, or goes bankrupt.


    How do I keep track of this investment?

    You can return to SeedInvest at any time to view your portfolio of investments and obtain a summary statement. If invested under Regulation CF you may also receive periodic updates from the company about their business, in addition to monthly account statements.


    Other General Questions
    What is this page about?

    This is Barber Surgeons, Inc.'s fundraising profile page, where you can find information that may be helpful for you to make an investment decision in their company. The information on this page includes the company overview, team bios, and the risks and disclosures related to this investment opportunity. If the company runs a side by side offering that includes an offering under Regulation CF, you may also find a copy of the Barber Surgeons, Inc.'s Form C. The Form C includes important details about Barber Surgeons, Inc.'s fundraise that you should review before investing.


    How can I (or the company) cancel my investment under Regulation CF?

    For offerings made under Regulation CF, you may cancel your investment at any time up to 48 hours before a closing occurs or an earlier date set by the company. You will be sent a reminder notification approximately five days before the closing or set date giving you an opportunity to cancel your investment if you had not already done so. Once a closing occurs, and if you have not canceled your investment, you will receive an email notifying you that your shares have been issued. If you have already funded your investment, your funds will be promptly refunded to you upon cancellation. To cancel your investment, let SeedInvest know by emailing cancellations@seedinvest.com. Please include your name, the company's name, the amount, the investment number, and the date your made your investment.


    What if I change my mind about investing?

    If you invest under any other offering type, you may cancel your investment at any time, for any reason until a closing occurs. You will receive an email when the closing occurs and your shares have been issued. If you have already funded your investment and your funds are in escrow, your funds will be promptly refunded to you upon cancellation. To cancel your investment, please email us at cancellations@seedinvest.com. Please include your name, the company's name, the amount, the investment number, and the date your made your investment.