Compostable LA
Subscription-based food scraps pickup service
Analytics
Raised to Date: $60,000
Aggregate Commitments $
Honeycomb
11/25/2020
11/30/2020
$30,000
$60,000
$100
Debt
RegCF
Weekly Commitments $
12/06/2020
200%
100%
$12,000
77
Compostable LA, a food scrap pickup service in Los Angeles, is raising funds on Honeycomb. The company cares for the environment and offers a subscription-based food scraps pickup service. It collects food waste from members on a weekly or bi-weekly basis and donates the scraps to local farms, gardens, and community composters to be converted into healthy soil. Monique Figueiredo, Janae D. Green, and Jamie Renee Williams founded Compostable LA in April 2020. The proceeds of the current crowdfunding round, with a minimum target of $30,000 and a maximum target of $60,000, will be used to invest in a high-capacity green delivery vehicle, upgrade to a professional delivery management software, and maximize the potential customer pool with marketing and branding. Compostable LA has already diverted around 50,000 lbs of food waste and has offset 46,196 lbs of greenhouse gas emission.
Summary of Crowdfunding Raises
Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
12/22/2020 | Honeycomb | $0 | $60,000 | Debt | Confirmed Closed | RegCF |
11/30/2020 | Honeycomb | $0 | $60,000 | Debt | Confirmed Closed | RegCF |
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