Blue Earth Compost
About this raise
Blue Earth Compost, with a valuation of $2 million, is raising funds on Wefunder. The company is disrupting the waste industry by making composting accessible to homes, businesses, and municipalities. The business provides waste collection services, guidance, and the right-sized containers to help clients separate the material from their trash stream. Blue Earth Compost has already diverted 20 million pounds of waste and has a 15% profit margin EBITDA with a 45% growth rate. The current crowdfunding campaign has a minimum target of $50,025 and a maximum target of $399,975. The campaign proceeds will be used for the development of a compost site and compost infrastructure.
Investment Overview
Invested $379,900 :
Deal Terms
Company & Team
Company
- Year Founded
- 2014
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue +50% YoY
-
$1,200,000
as of FY2021
- Monthly Burn
-
Profitable
as of FY2021
-
Cash on Hand
-
$80,382
as of FY2021
- Gross Margin
-
33%
as of FY2021
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Food scraps such as carrot peels look harmless, but food waste is actually one of the biggest drivers of climate change. Food decomposing in landfills emits methane, a greenhouse gas that has at least 25 times more warming power than carbon dioxide. As a result, food waste and scraps make up 8% of all greenhouse gasses emissions -- two times more than the emissions from aviation.
As it is such a big driver of climate change, we should all do our best to reduce food waste. But some food will still get wasted despite our efforts, and food scraps are hard to avoid. That’s why composting is a good solution.
Not every U.S. state separates food waste out as part of trash collection, but there are other options. Blue Earth Compost is a food waste and scraps collection company operating in Connecticut, Massachusetts, and New York. Customers like households, municipalities, and businesses pay the company to collect their plant-based waste. Blue Earth Compost then pays other companies to take the waste away and transform it.
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/22/2023 | Wefunder | $2,000,000 | $379,900 | Equity - Preferred | Funded | RegCF |