Please explain the deal terms. Deal Terms Revenue Share Loan Future Equity + Revenue Share

George, the way the revenue share works is that you get paid back a multiple of your investment over time based upon company revenue. The deal terms here are that you get paid 1.5 times your original investment (1.65 times for early investors) based upon 2% of company revenue being paid out to investors every quarter.

I have not yet invested. Are you nationwide as yet?

Hi Clinton, we have customers all over the US and some international customers as well in Kuwait, Jaimaca and a few others. The garden centers that carry us are more concentrated in the NE right now, but we have commercial greenhouse customers all over the country. People can also order online anywhere in the US.

Are you profitable? Or will this funding get you there?

Hi Mark. No, we are not yet profitable. The company is working on a Series A funding round with institutional investors to upgrade our Pittsburgh facility from a PILOT facility to a PRODUCTION SCALE facility. After that upgrade we should reach profitability at a per-factory level. Long term profitability will depend on how quickly we open new facilities as each will cause a bit of an earnings drag until they reach a certain capacity. But we think we can self-fund new facilities once we get ou...

PittMoss

Sustainable soil tech disrupting the $68B horticulture industry | Awarded by Better Homes & Gardens

pittmoss.com

Ambridge, Pennsylvania

Notable Angel Ecommerce Consumer Goods Retail Agriculture & Agtech

Ask a Question

PittMoss

Quick facts

Team profiles

Featured investor profiles

$293,630

Ask