Holdon Bags
HoldOn Bags, with a valuation of $15 million, is raising funds on Wefunder. It is a sustainable household goods company that sells plant-based products. HoldOn Bags creates plastic-free, non-toxic, and 100% compostable trash and kitchen bags that are designed with convenience and the environment in mind. The company is approaching a $3 million revenue run rate with 55% gross margins and has been featured in Buzzfeed, Forbes, Domino, Real Simple, and other publications. Livio Bisterzo founded HoldOn Bags in April 2021. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $80,000. The campaign proceeds will be used for marketing and retail support and digital customer acquisition.
Investment Overview
Raised: $155,470
Deal Terms
Total Commitments ($USD)
- Platform
- Wefunder
- Start Date
- 10/04/2024
- Close Date
- 04/30/2025
$50,000
$410,000
$100
SAFE
Seed
RegCF
$12,500,000
$15,000,000
20%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
Financials
- Revenue +265% YoY
- $3,133,281
- Monthly Burn
- $220,144
-
Runway
- 1.7 months
- Gross Margin
- 60%
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
Ratings 
Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $4,173,500
- VC Backed?
- Yes
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.