Limeloop

Data-driven packaging without the waste.

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Security Type
Convertible Note
Categories
Technology, Retail, Transportation & Storage
Min Investment
$100
Location
Tuscon, AZ
Offering Date
May 11, 2021
Expected Close Date
April 30, 2022
Target Raise
$50.00K-$120.00K
No. Investors
143
Security Price
$1
Deal Notes

Price per share: $1.00

Website
thelimeloop.com
Number of Employees
3
Cash
$42,768
Revenue
$70,428
Short Term Debt
$202,598
Cost of Goods
$4,849
Long Term Debt
$650,605
Net Income
$-216,070

Company Description

Shipping that makes sense. For you and the environment starts with smart reusable packaging, reverse logistics, visibility, security, and so much more housed in one app.

Key Deal Facts

Fast expansion. 10x growth since 2020.
Expert Support. Advisory board, including industry leaders at Lyft, Target, and Google.
Consumer demand. 90% engagement rate, consumer retention rate as high as 100% for some brands.
Brand demand. A partnership with one of the largest retailers in the U.S.
Recognized. Acceptance in the highly competitive Target and Third Derivative accelerator programs.
Investments from Sequoia Scout, City Light Ventures, Straubel Foundation, BeyGood Grant, etc

Management Team / Advisory Board Bios

Ashley Etling, CEO & Co-Founder
Ashley is inspired by collaboration and discovery and driven by the confluence of design thinking, business, and technology. This continued curiosity has led to the founding and building of multiple
companies from the ground up.

Chantel Emmanuel, CTO & Co-Founder
Chantal believes leveraging the right technology at the right time has the power to solve problems in magical ways. As a Software Engineer, she has been able to bring these solutions to life, building tools and experiences using modern frameworks.

Deal Notes

Price per share: $1.00

Amount Raised : $112,982
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Security Description

A convertible security is a security that can be converted into another security, typically equity in the next round of financing.

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