GreenDropShip

Introducing online merchants to new natural product brands everyone will love

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Security Type
Crowd SAFE
Min Investment
$100
Location
PROSPER, TX
Offering Date
August 31, 2022
Expected Close Date
January 16, 2023
Target Raise
$25.00K-$1.07M
No. Investors
18
Security Price
$1
Number of Employees
0
Cash
$450,455
Revenue
$7,088,625
Short Term Debt
$330,302
Cost of Goods
$5,535,219
Long Term Debt
$315,364
Net Income
$-97,625

Key Deal Facts

The first ecommerce app for Shopify enabling merchants to sell groceries
$7M revenue in 2021, 8% commission on future marketplace sales
2000+ registered users & 95,000+ orders fulfilled
B2B marketplace geared towards both suppliers & vendors = double TAM
Revenue streams from sales, subscriptions, fulfillment, marketing & more
21% growth of ecommerce grocery sales forecasted for 2022
Featured in Seeking Alpha, Yahoo! Finance, MarketWatch, and Benzinga

Management Team / Advisory Board Bios

Allen Kaplun
CEO & Co-Founder
Managing Director & strategist for ecommerce & distribution tech. Former attorney with ~20 years experience in market research, systems optimization, & strategy execution. Received dual degree in Economics & Politics from NYU at 19.

Irina Faybusovich
President & Co-Founder
~15 years experience in financial services & administration for various industries. Specialties include financial auditing, accounting, & business dev. Baruch College graduate with MBA in Finance & Investments.

Marcin Ossowski
Lead Writer
As GreenDropShip's resident wordsmith, Marcin lends his ecommerce expertise to online retailers & entrepreneurs to drive sales & market online stores. In his downtime, he's an avid outdoorsman & pursuing a passion for writing fiction.
Amount Raised : $3,350
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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