Compostable LA

Compostable LA

About this raise

Compostable LA, a food scrap pickup service in Los Angeles, is raising funds on Honeycomb. The company cares for the environment and offers a subscription-based food scraps pickup service. It collects food waste from members on a weekly or bi-weekly basis and donates the scraps to local farms, gardens, and community composters to be converted into healthy soil. Monique Figueiredo, Janae D. Green, and Jamie Renee Williams founded Compostable LA in April 2020. The proceeds of the current crowdfunding round, with a minimum target of $30,000 and a maximum target of $60,000, will be used to invest in a high-capacity green delivery vehicle, upgrade to a professional delivery management software, and maximize the potential customer pool with marketing and branding. Compostable LA has already diverted around 50,000 lbs of food waste and has offset 46,196 lbs of greenhouse gas emission.

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Investment Overview

Invested this round: $60,000

Deal Terms

Total Commitments ($USD)

Platform
Honeycomb
Start Date
12/15/2020
Close Date
12/22/2020
Min. Goal
$30,000
Max Goal
$60,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2020
Industry
Food, Beverage, & Restaurants
Tech Sector
Location
VENICE, California
Company Website
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Team

Employees
6

Financials

Financials are not currently available for this company. This may occur if the company is still Testing the Waters, is a Regulation D offering, or if the financials are still under review and being confirmed by our team. For Reg CF and Reg A+ raises, please check back later.

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
12/22/2020 Honeycomb - $60,000 Debt Funded RegCF
11/30/2020 Honeycomb - $60,000 Debt Funded RegCF
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Growth Charts

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Compostable LA on Honeycomb
Platform: Honeycomb
Security Type: Debt

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Warning: according to the close date for this deal, Compostable LA may no longer be accepting investments.

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