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Vinder

Neighbors Feeding Neighbors
$167,534 Raised
Ended May 4th
374 Investors

As an online farmers market for home gardeners, we help people easily buy and sell homegrown produce with their neighbors. This not only incentivizes home gardeners to grow fresh, amazing fruits and vegetables but opens up communities to more personal connections. We keep those relationships personal by allowing those connections to form organically, taking only a 20% transaction fee on the buyer side. So far, this has resulted in a 90% retention rate for growers and 77% for buyers.

Why you may want to invest
  1. Online beta marketplace organically grew to over 90 cities in 19 states in 4 months.

  2. Winners of the 2017 Silicon Valley Business Plan competition.

  3. Average order size is $15.88.

  4. Our mobile app, which goes live on Android + iOS on August 21, has 700+ pre-registered users.

  5. Retention rate for growers is 90% and 77% for buyers.

  6. CEO Sam Lillie was named the Young Entrepreneur of the Year by Jefferson County, Washington in April 2018.

  7. Graduate of the MassChallenge Business Accelerator.

  8. Sam started by knocking on his neighbor's doors, and in the first 3 months of business, hand-delivered over 300 lbs of produce on his bicycle.

Learn more about this company

Company Details

Location
Port Townsend, WA
Founded
2018
Employees
4

Key Team Members

Sam Lillie
Founder/CEO

Financials

Most recent Fiscal Year

Income Statement

Revenue
$37
Cost of Goods Sold
$44
Gross Profit
-$8
Taxes
$0
Net Income
-$76,501

Balance Sheet

Total Assets
$24,966
Cash
$24,966
Accounts Receivable
$0
Short Term Debt
$0
Long Term Debt
$0

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