Lively Root

The New Way to Buy Plants Online - Modern Horticulture Delivered!

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Security Type
CAFES
Categories
Financial Services, Consumer Goods & Products, Retail, Sustainability
Min Investment
$100
Location
San Diego, CA
Expected Close Date
April 29, 2024
Target Raise
$200.00K-$1.24M
Security Price
$1
Website
livelyroot.com
Number of Employees
12
Cash
$48,006
Revenue
$4,687,290
Short Term Debt
$4,592,156
Cost of Goods
$3,508,462
Long Term Debt
$2,508,332
Net Income
$-3,830,330

Key Deal Facts

$12.2M lifetime revenue
500,000 customers across all 48 contiguous states.
Current B2B Clients include Apple, Airbnb, LinkedIn, Oracle, and many more.
Channel provider for Petco's entire Pet-Friendly plant category.
Founders are YC S16, and experienced in building horticulture and e-Commerce brands.
Gross revenue doubling YoY; 113% CAGR
Americans spend $56B annually on plants — an increase of 50% over the last 3 years.
2022 - 3.4 LTC/CAC, $93.9 AOV

Management Team / Advisory Board Bios

Colin Barceloux CEO3X Founder, YC Alum, Stanford GSB, StartX Mentor., Brian BatesBiz DevelopmentSales leader with a proven track record for high growth, through scalable, repeatable processes to scale., Anurag Grover EngineeringSenior Engineer with 15+ years of programming and startup experience., John Arathoon OperationsOver 15 years of operations experience at startups with logistics & warehouse management skills., Jean-Michel BoujonMarketingDynamic and professional Senior Marketing Executive with over 16 years of experience developing and implementing complex Internet marketing plans., Create an account to start your community roundLogin to WefunderDon’t have an account? SignupContinue with GoogleContinue with FacebookContinue with AppleorEmailEmailPassword6 of more characters!PasswordLoginForgot password?
Amount Raised : $77,950
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Security Description

A CAFES (Contract and Future Equity Stake) can convert into different types of equity upon a Triggering Event, such as: common or preferred stock for a corporation, limited partnership interest for a limited partnership and membership interest for a limited liability company. At the time of the Triggering Event, the specific rights and limitations associated with the equity stake being issued to the investors will be determined and disclosed by the Entrepreneur.

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