This company is no longer in business. Investors can get details about any potential exits or failures here.

Green Piñata

Green Piñata

Early Stage

Get smart toys for your smart kids – No shopping. No clutter.

Get smart toys for your smart kids – No shopping. No clutter.

Overview

Raised to Date: Raised: $32,070

Total Commitments ($USD)

Platform

Republic

Start Date

12/05/2017

Close Date

01/14/2018

Min. Goal
$25,000
Max. Goal
$1,070,000
Min. Investment

$25

Security Type

SAFE

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$4,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

01/30/2018

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$802

# of Investors

171

Momentum
Funded
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Year Founded

2015

Industry

Consumer Products, Goods & Services

Tech Sector

Location

Wakefield, Massachusetts

Kids love toys -- especially love new toys. But they get bored quickly, and finding both new toys and space to store their old toys can be both difficult and costly.

But now, Green Piñata is here to save the (play) day! Green Piñata is a toy subscription service that ships curated, educational, eco-friendly (and non-digital!) toys directly to your door for a monthly fee. The toys are for children between the ages of six months and five years old, and you can receive up to four new toys a month. Your kids then enjoy the toys for as long as they like, and if they want to keep them, you can buy them. When your kids are tired of those toys and want new ones though, all you do is pack up them up in the Green Piñata box, pop on the prepaid label, mail it, and voila! Your next shipment of toys will be on the way, and your home stays toy-clutter-free! Green Piñata also vigorously sanitizes all toys to be 100% germ-free, and any toys that are no longer in like-new condition get donated to charity.

Green Piñata is available nationwide, and, so far, they’re “toying it up” quite successfully. They’ve had a 60% MoM growth; they were Motherly Magazine’s top green toy pick in September 2017; and they’re rated #1 by leading industry experts for learning and brain development. Plus, the sharing economy is booming right now. It’s expected to hit $335 billion by 2025, and the total addressable market for Green Piñata, including toys, is $450 million in the US alone by 2022.

After all, millennials are becoming the next wave of parents, and they often live in smaller city apartments, where there’s less toy storage space. They also value affordability, convenience, green products, and educational toys -- all of which Green Piñata offers. Add in the fact that Green Piñata crushes the other competition out there by personalizing and curating custom toy recommendations for your child, and it’s clear that Green Piñata is exploding with potential. With them, your child can play, learn -- and repeat.

“Who Should Be Interested in This Offer:”
Are you a parent interested in educational, eco-friendly toys? Do you want to keep your house clutter-free but your child always engaged? Well then, forget toy piñatas -- Green Piñata is the investment you’ve been looking for! Their green toy subscription service helps enhance learning while also entertaining your child, and you can give back the toys you don’t want and purchase the ones you do. With Green Piñata, you can play to learn...and keep returning for more.
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Green Piñata on Republic
Platform: Republic
Security Type: SAFE
Valuation: $4,000,000

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

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