Thriving Design

Patented C-BITE clips helping gardeners build custom plant supports

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Security Type
Convertible Note
Hardware, Retail, Main Street, B2C, Social Impact
Min Investment
Fort Collins, CO
Expected Close Date
April 30, 2023
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Key Deal Facts

πŸ’Έ 1M C-BITEs sold to-date, 300K+ in revenue this year
πŸ’° Available online via Shopify, Amazon, and several DTC websites, including Williams Sonoma in 2022
🀝 Orders from 25% of the top 100 independent garden centers in the U.S.
πŸ’₯ Carried by 10 of the largest lawn & garden distributors in North America in 2021
πŸ’ͺ Seasoned team w/ experience in garden industry, entrepreneurship, sustainability &marketing
πŸ“ˆ Lawn & garden consumable market expected to hit 26.3B by 2030

Management Team / Advisory Board Bios

Morgan Rider CofounderShuffled cards for five days to make a world's record. Served on the Oregon Environmental Quality Commission. Launched a business with my brother., Jason Rider C-BITE GuyMBA, Returned Peace Corps Volunteer, Vertical Farmer, Chen taijiquan practitioner and inventor of the C-BITE., Jeff Dooley Chief Creative OfficerAward winning creative director. Worked in advertising, branding and design for over 25 years. He has held positions as Creative Director, Art Director and Designer at Portland, Bend (Oregon) and St. Louis advertising agencies.
Amount Raised : $66,550
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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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