prostainable

prostainable

Closed: Sep. 2021

About this raise

prostainable, a low-waste lifestyle store in California, is raising funds on Honeycomb. The business sells over 70 refillable products and allows customers to bring their own bottles to the stores and refill. The company also gathers communities and uses outdoor space to provide wellness classes. Laura Yochum founded prostainable in July 2021. The proceeds of the current crowdfunding round, with a minimum goal of $30,000 and a maximum goal of $75,000, will be used to expand the business to two more locations, hire staff, pay down loans, and expand distribution. prostainable is currently the only refill shop in the San Fernando Valley and is working towards diverting 1 million single-use bottles from waste and recycling streams.

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Investment Overview

Invested this round: $70,500

Deal Terms

Total Commitments

Platform
Honeycomb
Start Date
08/10/2021
Close Date
09/21/2021
Min. Goal
$30,000
Max Goal
$75,000
Min. Investment

$100

Security Type

Debt

SEC Filing Type

RegCF    Open SEC Filing

Company & Team

Company

Year Founded
2021
Industry
Consumer Products, Goods & Services
Tech Sector
Non-Tech
Distribution Model
B2C
Margin
Low
Capital Intensity
Low
Location
Woodland Hills, California
Company Website
Visit Website

Team

Employees
3
Prior Founder Exits?
No
Founder Name
Laura Yochum
Title
Owner

Financials

 Revenue
$50,000
 Cash on Hand
$0

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$0

$0

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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Company Funding & Growth

Funding history

Close Date Platform Valuation Total Raised Security Type Status Reg Type
09/21/2021 Honeycomb - $70,500 Debt Funded RegCF
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prostainable on Honeycomb 2021
Platform: Honeycomb
Security Type: Debt

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

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