I see 2023 revenue is predicted as 1.48m. What is the revenue 2023 Jan 1 to today?

Thank you, Brian. Recompose revenue Jan 1- Feb 28, 2023 was $126,430.38

"Investors will receive equity in Recompose and support our development, operations, and expansion." So, what does that mean? Are shares issued (my definition of equity)? Are there any tangible benefits? Thx!

Yes, preferred shares are issued. In terms of tangible benefits, you can learn more about the potential benefits of investing on the Overview page. In addition, a link to the entire Form C filing is listed at the bottom of the Details page.

You’ve raised a total of $17M. Why did you borrow $2M just 4 months ago?

The funds from our previous raises were used for marketing and outreach, business development, salaries, and capital expenses for new facilities. This included the successful opening and operation of Recompose Seattle plus successful legalization efforts in both California and New York State. You can learn more about our traction and milestones at the Overview Tab (Traction Slide).

How much cash is currently in the bank, and what is the average monthly burn over the last 12 months? Thanks.

Hi Spencer, you can see our current cash position and average monthly burn in the Financial section of the Details tab.

I noticed on WeFunder that the funds will be held by Silicon Valley Bridge Bank. What are the possible challenges with holding the money here due to Silicon Valley Bank being taken over by the FDIC because of the lack of funds? Did you lose some of your funds because of this?

Hi Cindea, the SVB issue was resolved before Recompose launched. You can read about how and why the issue didn't impact Wefunder investors via this link: https://wefunder.com/updates/162101

Recompose Updates, Team, and Funding Progress | Wefunder, Home of the Community Round

$1.6M revenue in first two years of operations, projecting $1.48M this year. (not guaranteed)

Composted over 250 people representing over 250 metric tons carbon saved.

1300 members of prepaid death care plan representing $7.6M future revenue. (not guaranteed)

$21.7B non-cyclical, recession-proof market. # people who die is growing (will not peak until 2055).

Queer female CEO developed and legalized human composting; Echoing Green and Ashoka fellow.

Successfully raised $17M in series A1, A2, and A3.

Leadership team with 40 years combined experience in the field.

Featured in Forbes, CNN, People Magazine, Harper's, NY Times, the Economist, and Reuters.

Recompose

Carbon-sequestering green funeral solution that returns us to the earth

$2,113,223

Recompose

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