{"data":{"type":"company_profile_ai","id":94631,"entity_id":"wefunder:company:94631","attributes":{"canonical_url":"https://wefunder.com/fast.bags.corp","retrieval_urls":{"canonical":"https://wefunder.com/fast.bags.corp","json":"https://wefunder.com/fast.bags.corp.json","markdown":"https://wefunder.com/fast.bags.corp.md","ai_json":"https://wefunder.com/fast.bags.corp.ai.json","ai_text":"https://wefunder.com/fast.bags.corp.ai.txt","changelog_json":"https://wefunder.com/fast.bags.corp.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-23T05:01:44Z","generated_at":"2026-06-23T17:37:32Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":94631,"entity_id":"wefunder:company:94631","slug":"fast.bags.corp","name":"Fast Bags Corp","tagline":"Biodegradable Trash Bags, inside America's First Trash Bag Dispensing System","elevator_pitch":"We make BagUps, a patented trash bag dispensing system that revolutionizes how you change the trash. Biodegradable* ASTM D6954-18 bags that automatically pop up to replace the full bag when you remove the trash. Made in the US by Veterans and People with Disabilities.","location":"Bernardsville, New Jersey","website":"https://www.bagups.com","total_amount_raised":151440,"total_investors":269,"is_funded":true,"is_active":true},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 151440","citation":"https://wefunder.com/fast.bags.corp#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-23T05:01:44Z","as_of":"2026-06-23T17:37:32Z","confidence":"high"},"observed_at":"2026-06-23T05:01:44Z","expires_at":"2026-06-24T05:01:44Z"},{"claim_id":"claim-total-investors","text":"Total investors: 269","citation":"https://wefunder.com/fast.bags.corp#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-23T05:01:44Z","as_of":"2026-06-23T17:37:32Z","confidence":"high"},"observed_at":"2026-06-23T05:01:44Z","expires_at":"2026-06-24T05:01:44Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 151440","citation":"https://wefunder.com/fast.bags.corp#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-23T05:01:44Z","as_of":"2026-06-23T17:37:32Z","confidence":"high"},"observed_at":"2026-06-23T05:01:44Z","expires_at":"2026-06-24T05:01:44Z"},{"claim_id":"claim-total-investors","text":"Total investors: 269","citation":"https://wefunder.com/fast.bags.corp#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-23T05:01:44Z","as_of":"2026-06-23T17:37:32Z","confidence":"high"},"observed_at":"2026-06-23T05:01:44Z","expires_at":"2026-06-24T05:01:44Z"}],"company_claims":{"tagline":"Biodegradable Trash Bags, inside America's First Trash Bag Dispensing System","elevator_pitch":"We make BagUps, a patented trash bag dispensing system that revolutionizes how you change the trash. Biodegradable* ASTM D6954-18 bags that automatically pop up to replace the full bag when you remove the trash. Made in the US by Veterans and People with Disabilities.","quick_facts":["Fast Bags Corp increased sales by 277% from Jan - July 2022 over the same period in 2021","The US trash bags market was $2.72 billion in 2021 \u0026amp; projected to be $3.83 billion by 2027","The company has secured 5 US \u0026amp; Canadian Utility Patents and Trademarks","Our biodegradable* trash bags degrade in 2-3 yrs compared to conventional bags.","100% Made in the USA by Veterans and People with Disabilities","Saves Time \u0026amp; Money in commercial settings, 2hrs per 100 bag changes","Veteran owned \u0026amp; operated"]},"computed_metrics":{"total_amount_raised":151440,"total_investors":269,"team_size":1,"featured_investor_count":1,"faq_count":5,"recent_post_count":10},"quick_facts":[{"claim_id":"claim-fact-1","value":"Fast Bags Corp increased sales by 277% from Jan - July 2022 over the same period in 2021","citation":"https://wefunder.com/fast.bags.corp#claim-fact-1","observed_at":"2026-06-23T05:01:44Z","expires_at":"2026-06-30T05:01:44Z"},{"claim_id":"claim-fact-2","value":"The US trash bags market was $2.72 billion in 2021 \u0026amp; projected to be $3.83 billion by 2027","citation":"https://wefunder.com/fast.bags.corp#claim-fact-2","observed_at":"2026-06-23T05:01:44Z","expires_at":"2026-06-30T05:01:44Z"},{"claim_id":"claim-fact-3","value":"The company has secured 5 US \u0026amp; Canadian Utility Patents and Trademarks","citation":"https://wefunder.com/fast.bags.corp#claim-fact-3","observed_at":"2026-06-23T05:01:44Z","expires_at":"2026-06-30T05:01:44Z"},{"claim_id":"claim-fact-4","value":"Our biodegradable* trash bags degrade in 2-3 yrs compared to conventional bags.","citation":"https://wefunder.com/fast.bags.corp#claim-fact-4","observed_at":"2026-06-23T05:01:44Z","expires_at":"2026-06-30T05:01:44Z"},{"claim_id":"claim-fact-5","value":"100% Made in the USA by Veterans and People with Disabilities","citation":"https://wefunder.com/fast.bags.corp#claim-fact-5","observed_at":"2026-06-23T05:01:44Z","expires_at":"2026-06-30T05:01:44Z"},{"claim_id":"claim-fact-6","value":"Saves Time \u0026amp; Money in commercial settings, 2hrs per 100 bag changes","citation":"https://wefunder.com/fast.bags.corp#claim-fact-6","observed_at":"2026-06-23T05:01:44Z","expires_at":"2026-06-30T05:01:44Z"},{"claim_id":"claim-fact-7","value":"Veteran owned \u0026amp; operated","citation":"https://wefunder.com/fast.bags.corp#claim-fact-7","observed_at":"2026-06-23T05:01:44Z","expires_at":"2026-06-30T05:01:44Z"}],"latest_fundraise":{"id":49515,"entity_id":"wefunder:fundraise:49515","state":"successful","offering_type":"4(a)(6)","structure":"equity","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2023-01-12T00:15:39Z","funding_closed_at":"2024-04-30T04:01:27Z"},"investor_memos":[],"team":[{"id":1935525,"entity_id":"wefunder:company_role:1935525","name":"Jack Licata","title":"President","role":"founder","profile_url":"https://wefunder.com/jacklicata"}],"featured_investors":[{"id":4993,"entity_id":"wefunder:company_investor_profile:4993","name":"Giovanni Berdejo","bio":"Workforce development professional and veteran advocate. US Army combat veteran with tours in Germany, El Salvador and Afghanistan. Currently supporting veteran students in higher education through career development.","profile_url":"https://wefunder.com/giovanniberdejogallegos","endorsement_quote":"As a fellow Veteran, I believe in investing in Veteran owned businesses. Also, the fact that Mr. Licata employs Veterans and people with disabilities is important to me. I personally have worked with children that have disabilities and have a younger brother who is Autistic. Knowing that Mr. Licata could just have easily outsourced his work but chose to do business, in the USA, specifically hiring veterans and people with disabilities is a huge factor for me. Also, I personally use the product and it is a simple, yet revolutionary design, that is sturdy, manageable and just makes sense!"}],"relationships":[{"source_entity_id":"wefunder:company:94631","relation":"has_team_member","target_entity_id":"wefunder:user:1512363","target_url":"https://wefunder.com/jacklicata"},{"source_entity_id":"wefunder:company:94631","relation":"has_featured_investor","target_entity_id":"wefunder:user:2742773","target_url":"https://wefunder.com/giovanniberdejogallegos"},{"source_entity_id":"wefunder:company:94631","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:237331","target_url":"https://wefunder.com/feed/237331"},{"source_entity_id":"wefunder:company:94631","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:173623","target_url":"https://wefunder.com/feed/173623"},{"source_entity_id":"wefunder:company:94631","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:172340","target_url":"https://wefunder.com/feed/172340"},{"source_entity_id":"wefunder:company:94631","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:172276","target_url":"https://wefunder.com/feed/172276"},{"source_entity_id":"wefunder:company:94631","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:172196","target_url":"https://wefunder.com/feed/172196"},{"source_entity_id":"wefunder:company:94631","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:172076","target_url":"https://wefunder.com/feed/172076"},{"source_entity_id":"wefunder:company:94631","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:168967","target_url":"https://wefunder.com/feed/168967"},{"source_entity_id":"wefunder:company:94631","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:167961","target_url":"https://wefunder.com/feed/167961"},{"source_entity_id":"wefunder:company:94631","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:165608","target_url":"https://wefunder.com/feed/165608"},{"source_entity_id":"wefunder:company:94631","relation":"has_recent_update","target_entity_id":"wefunder:feed_item:163823","target_url":"https://wefunder.com/feed/163823"},{"source_entity_id":"wefunder:company:94631","relation":"has_latest_fundraise","target_entity_id":"wefunder:fundraise:49515"}],"faq":[{"question":"Is there a net increase or decrease in carbon emissions from the production and use of this product?","answer":"Hi Michelle, Thank you for your interest in our mission. We feel there is a net decrease in carbon emissions from our product for several reasons, The majority of our product line delivered directly to your door by the US Post Office who is coming there anyway to bring the mail. You will not see Amazon or other 3rd party logistics trucks making extra deliveries. In addition, we eliminate the carbon footprint associated with getting garbage bags to retail stores. This requires getting the prod..."},{"question":"You include information on products which did quite well selling out to large corporations. Is it a goal of Fast Bags to follow this lead? If so, how can you guarantee that the large corporation will continue the important ideal of hiring veterans and people with disabilities?","answer":"Thank you for your interest in our mission. If there is a sale event our vision is it will be similar to one like The Dollar Shave Club where the owner and founder remained running the company. In our opinion it would not be in anyone's best interest to take over the company and changes what works best about it."},{"question":"I'm very interested in making a (small) investment in the company. But I don't understand how it works. What sort of return should I expect? And how much risk is involved? And what is the expected timeline for seeing a return on my investment?","answer":"Thank you for your interest in our mission. Wefunder has a a unique platform for investing in missions and companies you believe in. Similar to traditional stock purchases you will have a portion of equity in the company based on your investment and the companies valuation. Like any investment you risk loosing your investment if the company does not succeed. You would recognize profit from your investment when the company is sold, licenses their technology, starts to pay a dividend or any com..."},{"question":"Same question Sally Waters asked. I need to understand if/how a return on my investment happens. Otherwise, I'll just support you by buying the product which I really love.","answer":"Thank you for your interest in our mission. Wefunder has a a unique platform for investing in missions and companies you believe in. Similar to traditional stock purchases you will have a portion of equity in the company based on your investment and the companies valuation. Like any investment you risk loosing your investment if the company does not succeed. You would recognize profit from your investment when the company is sold, licenses their technology, starts to pay a dividend or any com..."},{"question":"Waiting for reply to Sally and Mikala's question - interested, but share Mikala's thought - I need to understand if/how a return on my investment happens. Otherwise, I'll just support you by buying the product which I really love.","answer":"Thank you for your interest in our mission. Wefunder has a a unique platform for investing in missions and companies you believe in. Similar to traditional stock purchases you will have a portion of equity in the company based on your investment and the companies valuation. Like any investment you risk loosing your investment if the company does not succeed. You would recognize profit from your investment when the company is sold, licenses their technology, starts to pay a dividend or any com..."}],"recent_posts":[{"id":237331,"entity_id":"wefunder:feed_item:237331","title":"Check us out on Entrepreneur Elevator Pitch Season 13 Episde 6","preview":"https://www.youtube.com/watch?v=IKNAw1-GM44Great things are on the horizon for 2026. We are entering the commercial market this year!We have perfected, and are in production of our cutting edge, revolutionary material called Biostone™. This new material replaces 25% of the plastic with Calcium Carbonate- reducing CO2-H20- and Plastic usage.So far with our first production order we eliminated from the environment 40,909 lbs of CO2, and saved 1,275,000 gallons of H20, and eliminated 3,750 lbs o...","published_at":"2025-12-30T03:00:54Z","canonical_url":"https://wefunder.com/feed/237331"},{"id":173623,"entity_id":"wefunder:feed_item:173623","title":"Campaign Completes 5/24","preview":"Thank you all for believing in us and our mission.Our campaign exceeded our expectations!If you haven't finished your pledge please do so before 5/243 we want you on Team Bagups.Now let's all spread the world and have everyone we know use BagUps and make a difference one bag at a time.Investor perks will be going out soon.Thank you all from the bottom of our hearts.Jack Licata and Team Bagups","published_at":"2024-05-22T01:44:13Z","canonical_url":"https://wefunder.com/feed/173623"},{"id":172340,"entity_id":"wefunder:feed_item:172340","title":"Our Campaign is closing soon...... get on board, double down, tell a friend!!!","preview":"\u0026nbsp;We are doing great things!!!","published_at":"2024-04-10T10:57:12Z","canonical_url":"https://wefunder.com/feed/172340"},{"id":172276,"entity_id":"wefunder:feed_item:172276","title":"Our campaign is closing soon, and we are only beginning!! Made From Stone bags coming soon to a garbage can near you.","preview":"For every 2.2 lbs. of our Made From Stone bags we save the world 6.54lbs of CO2- Coming Soon to a garbage can near you!","published_at":"2024-04-08T01:39:55Z","canonical_url":"https://wefunder.com/feed/172276"},{"id":172196,"entity_id":"wefunder:feed_item:172196","title":"Our Campaign is closing soon...... And the Country is noticing Bagups!!!","preview":"Our Campaign is closing soonIt's been a very productive year! Bagups is getting noticed!","published_at":"2024-04-04T01:04:05Z","canonical_url":"https://wefunder.com/feed/172196"},{"id":172076,"entity_id":"wefunder:feed_item:172076","title":"Fast Bags Corp NJ BIZ Veterans In Business Award winner","preview":"Our Award for one of New Jersey's Best Veterans in Business!! Thanks to you.","published_at":"2024-04-01T02:46:57Z","canonical_url":"https://wefunder.com/feed/172076"},{"id":168967,"entity_id":"wefunder:feed_item:168967","title":"Jack Licata Founder of Fast Bags Corp wins NJ Biz Magazine's Veterans in Business Award 2023","preview":"We have been recognized by the premier business publication in the state as one of the top veteran owned businesses.","published_at":"2024-04-01T02:40:10Z","canonical_url":"https://wefunder.com/feed/168967"},{"id":167961,"entity_id":"wefunder:feed_item:167961","title":"Pitch Deck Update","preview":"We posted our updated pitch deck - see what's new","published_at":"2023-10-20T00:48:58Z","canonical_url":"https://wefunder.com/feed/167961"},{"id":165608,"entity_id":"wefunder:feed_item:165608","title":"Bundles are here!","preview":"You asked for it, we heard you.Lat week we launched another way for our customers to save money, increase value, and lower our carbon footprint through offering bundles. We asked what people wanted in a combination and analyzed our customers patterns to offer the most efficient bundles we could offer. Providing more value to our customers, reduced processing costs, less packaging, and reduce the carbon footprint required for last mile delivery. Together we are making a difference one bag at a...","published_at":"2023-07-17T09:47:50Z","canonical_url":"https://wefunder.com/feed/165608"},{"id":163823,"entity_id":"wefunder:feed_item:163823","title":"Bundles are the beginning","preview":"We are starting to create even more value for our customers by creating bundles. Products that our customers buy frequently together.This reduces our cost which we can pass on to our customers, lowers our carbon footprint, and use of packaging materials.We are looking for your suggestions, what two or three products would you like to purchase from us as a bundle.","published_at":"2023-05-15T10:49:46Z","canonical_url":"https://wefunder.com/feed/163823"}],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-23T17:37:32Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-23T05:01:44Z","as_of":"2026-06-23T17:37:32Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-23T05:01:44Z","as_of":"2026-06-23T17:37:32Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2026-06-15T21:54:40Z","as_of":"2026-06-23T17:37:32Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2026-06-15T21:54:40Z","as_of":"2026-06-23T17:37:32Z","confidence":"medium"}}}}}}