Petal

Refillable, Natural, Zero-Waste Hand Soap Subscription

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Security Type
Debt
Categories
Retail, Sustainability
Min Investment
$100
Location
Madisonville, LA
Offering Date
August 24, 2021
Expected Close Date
April 30, 2022
Target Raise
$50.00K-$1.07M
No. Investors
95
Security Price
$1
Website
withpetal.com
Number of Employees
1
Cash
$53,241
Revenue
$14,382
Short Term Debt
$15,141
Cost of Goods
$1,301
Long Term Debt
$225,000
Net Income
$-229,920

Company Description

Plant-based ingredients. Aromatherapy scents. Soft and smooth hands. It’s also good for our environment! Our refillable soap bottles and soap pods allow you to clean your hands, while not making a bigger mess for our planet.

Key Deal Facts

Direct-to-Consumer subscription business, selling reusable, aluminum bottles and soap pods refills.
Luxury beauty brand focused on sustainable lifestyles. Competitors branded as household cleaners.
Brand collaborations with @corey_wilson & @wylandfoundation.
Award-winning product and packaging design.
Part of Capital Factory's VIP Accelerator (https://www.capitalfactory.com).
Recently featured in Forbes.

Management Team / Advisory Board Bios

Jason Domangue, Founder & CEO
Previously helped raise over $10M, grow and sell technology start-up for close to $400M. Data-driven, growth marketing expert. A relentlessly resourceful, serial entrepreneur.
Amount Raised : $237,080
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Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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