Question 1

Hi! Love the branding and the product! I have a couple of questions. 1. Who are your customers? Individuals? Corporations? 2. Are you concerned about bigger online retailers adopting your business model (e.g. Amazon) 3. What will you use the funding for? 4. Are you planning on...

Accepted Answer

Hi Douglas, thank you for the message and the kind words. To answer your questions: 1. Our customers are mostly individuals, but we sell increasingly to companies, and there's a significant opportunity there for us to capture. See the end of the story section for some of our B2B partnerships, as well as a bit of additional color on this in the Q&A.2. We are not so much concerned about big retailers following, because the level of service we provide is not in their core competenc...

Question 2

Hey, really like the idea behind your company! I had a few questions to ask before investing: 1. In 12/2018 you listed issuing a SAFE for $100,000. Why does the statement of cash flows only show a SAFE of $72,000 issued in 2018? Where is the extra $28,000? 2. Also in the state...

Accepted Answer

Hi Alec– Thank you for the message! 1. We received $72k in 2018 from a SAFE that was originally signed on 10/2018, but which was later resigned in 09/2019 as a result of an oversight in the original document – so in the list you'll see it listed under the later date, even though the money was received in 2018. As for the $100k SAFE, it was signed 12/2018 but the money didn't arrive until 01/2019. 2. The Related Party Loans were out-of-pocket expenses that me and my co-founder Nicolas made on ...

Question 3

How do you compare your company with Bloomscape, The Sill. Bloomscape has already raised Series A and is little ahead in the gam? Do you think you can keep up and compete with this 2 major competitions.

Accepted Answer

Hi Sagar- Appreciate the question. The vast majority of plant sales today still happen offline in big box retail stores, so that’s who we consider our real competition, as that’s the primary method of plant acquisition we’re trying to replace. This is not a winner-take-all category, and we are sufficiently distinguished from other online plant retailers to carve out our own portion of this market. In the same way there are more than a dozen successful direct-to-consumer mattress companie...

Question 4

When is the last day to invest in this company?

Accepted Answer

Hi Samuel- The current end date of the campaign is in March 2020, though this date may change depending on the course of the campaign. Hope that helps!

Question 5

Hi, when I invested, it said I was investing on a 8.5M valuation cap for all investments till 100K goal, Now it has changed to 9M valuation. Can you please confirm which valuation I got into?

Accepted Answer

Hi Dilip- Rest assured, all messaging at the moment you invested is correct, so you are getting the $8.5m cap.

Léon & George

A new way to shop for plants

$188,146

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Léon & George

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$188,146

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