Alumni of UC Berkeley - Haas School of Business, B.S. 1997 (Undergraduate)
While an ever growing percentage of our shopping is done online, our current methods for sending and receiving goods are designed for an in-store retail experience. As a result, we're seeing a system that is heavily reliant on single-use plastic and cardboard shippers to ship goods B2B and B2C. We're also seeing a degradation of the consumer experience as brands struggle to translate person-to person-connections to the digital space, making it more difficult to attract and retain customers. LimeLoop is uniquely poised to take on these two retail challenges. Using recycled billboard vinyl, we've created, lightweight, durable, and returnable shippers that ecommerce businesses can use to ship goods to their consumers repeatedly. Our brand partners rent a fleet of shippers from us, they mail out their products in our bags the same way they would a cardboard box, except on receipt of the shipper, the consumer uses a prepaid shipping label to return the shipper so it can be used again and again. And with our proprietary software, brand partners can manage their fleet and the environmental impact of their shippers every step of the way. We launched our pilot in April of 2018 and are currently working with 10 brands, and have completed over 5000 shipments. As we continue to develop strategic partnerships with retailers, local and federal sustainability agencies, and courier organizations, we’ll continue to transform the future of how goods are transported and deepen our commitment to improving our environment.
Primary Industry Sector: Transportation
This is a a woman-founded Startup
Funding Status: Seed