Rebundle

History

2022: Raising $1.4 million, start of mass sales

On January 17, 2022, Rebundle announced the attraction of $1.4 million in investments, thanks to which it will be able to launch full-scale plant-based hair production. Investments will also be used to expand the team within the company, to increase the supply chain, as well as to finalize logistics for the delivery of their goods.

To create its product, Rebundle uses banana fiber as the main material in nozzles that the company sells in various colors. It is noteworthy that Rebundle is building new production facilities in the United States, and not abroad, and one strand weighing about 100 grams costs $20-30.

Rebundle begins to massively sell banana fiber hair to build up

Venture firm M25 led the Rebundle funding round held in January 2022. The company prefers to invest in companies working in agriculture, e-commerce, retail, education, fashion, finance, food, healthcare, software and other entertainment.

Prior to raising additional capital, Rebundle sold inventory in an hour or less, which meant that previous funding sources were too small for the company to scale normally. The startup does not disclose the total estimate and revenue, as well as its revenue. According to the publication TechCrunch in Rebundle, the round of financing held in January 2022 will allow the company to realize its goals until at least mid-2023 without additional investment attractions, and possibly a little more.

2020-2021: Raising $10 thousand

According to Crunchbase, in August 2020, the startup Rebundle raised $10 thousand from Nc Idea, in May 2021 an unknown amount from RareBreed Ventures, and already in December 2021 - $100 thousand from Arch Grants.^[1]

Notes