Recompose

Carbon-sequestering green funeral solution that returns us to the earth

Print
Claim My Business
Categories
Sustainability, Retail, Healthcare & Medical, Service Businesses, Health & Fitness, Other
Min Investment
$1,000
Location
Seattle, WA
Expected Close Date
April 29, 2024
Target Raise
$50.00K-$5.00M
No. Investors
838
Security Price
$4.71
Valuation
$76,000,000
Website
recompose.life
Number of Employees
16
Cash
$2,305,867
Revenue
$836,764
Short Term Debt
$1,018,079
Cost of Goods
$443,897
Long Term Debt
$14,067,005
Net Income
$-3,757,981

Key Deal Facts

$1.6M revenue in first two years of operations, projecting $1.48M this year. (not guaranteed)
Composted over 250 people representing over 250 metric tons carbon saved.
1300 members of prepaid death care plan representing $7.6M future revenue. (not guaranteed)
$21.7B non-cyclical, recession-proof market. # people who die is growing (will not peak until 2055).
Queer female CEO developed and legalized human composting; Echoing Green and Ashoka fellow.
Successfully raised $17M in series A1, A2, and A3.
Leadership team with 40 years combined experience in the field.
Featured in Forbes, CNN, People Magazine, Harper's, NY Times, the Economist, and Reuters.

Management Team / Advisory Board Bios

Katrina Spade Founder and CEODriven entrepreneur and creator of human composting, the green funeral option poised to take over the industry., Micah Hartowski Finance DirectorFinancial systems thinker with background in events, operations, and business growth., Marlene Bailey Capital Projects DirectorDeveloper of large-scale human composting facilities from design through construction and start-up of operations., Jacki Myers Director of Natural Organic Reduction (NOR)Mechanical engineer and human composting systems expert; quality assurance and controls background., Morgan Yarborough Services Manager​Creator of earth-aligned client service offerings; first-ever dual licensed funeral director and NOR operator., Chawn Howard HR and Talent Director Culture-builder and establisher of innovative and equitable work places., Alissa Atkins Director of Client ExperienceCreative producer and team-builder with deep music industry background.
Amount Raised : $2,088,443
Reveal the Score by Voting
_
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
The value of the company compared to similar companies raising money from investors.
Valuation

Research Reports

No reports have been submitted

Become a Reporter

0 Comments