Holdon Bags Inc
A household goods company that sells heavy duty, compostable bags to help reduce traditional plastic
https://wefunder.com/holdon.bags
Total raised on Wefunder: 250770
Total investors: 346
Quick facts
- $4MM revenue run-rate in second full year in market
- Winner of Fast Company’s 2023 Innovation by Design Awards in the Materials category
- Backed by industry leaders and proven operators from Hippeas, Reel, Method & Grove Collaborative.
- 90% 4 and 5-star reviews with over 40,000 happy customers
- Strong 55%+ gross margins at present with improvements expected as business grows
- Amazon.com sales are growing 10% per month in 2024 and approaching $3MM+ run-rate
- Launched at Target with fantastic early results and expanded into Kroger doors in October 2023
- Featured in Forbes, Vice, Buzzfeed, CNN Underscored, Domino, Real Simple, R29, Variety & The Skimm