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Categories
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Sustainability, Retail, Healthcare & Medical, Service Businesses, Health & Fitness, Other
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Min Investment
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$1,000
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Expected Close Date
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April 29, 2024
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Target Raise
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$50.00K-$5.00M
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No. Investors
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838
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Security Price
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$4.71
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Valuation
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$76,000,000
- 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 ManagerCreator 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.