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The 411: Investment Opportunity - Neighbors Feeding Neighbors
Found on: - https://wefunder.com/vinder
veggievinder.com
Neighbors Feeding Neighbors
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.
Sam Lillie
Founder/CEO
Sam started Vinder by knocking on the doors of his neighbors and selling/delivering on his bicycle.
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. |
Our Ambition
Bring the now-global food system back to the local community by connecting local gardeners with their neighbors. Already in 90 cities in 19 states, we've grown completely organically through word of mouth and demand, proving our market on a nationwide scale. With a new mobile app on the way, our ambition is to be the largest homemade grocery in the country, one that relies on communities and neighbors without needing any inventory or delivery vehicles.
Vinder is a trusted community marketplace for people to list, discover, and buy local produce. We connect home growers who have an abundant garden with community members looking for local produce. We're here to create a transparent agricultural system that informs consumers about who's growing their food, how it's being grown, and where. Vinder makes it easy to buy ultra local food, boost your community's economy, and promote sustainable agriculture.
Let's Make Produce Local Again
In the modern age, grocery stores source fruits and vegetables from all over the globe. Unsurprisingly, our produce just isn't as fresh anymore. The solution? Vinder.
We allow users to easily buy the freshest produce possible by connecting home gardeners to their neighbors through an online marketplace. Gardeners post their produce, then neighborhood buyers purchase and handle the pickup and delivery. We take a 20% service fee from the buyer, keeping gardener costs low to encourage a market full of diverse, interesting, local produce.
Vinder Creates Value for Both Buyer and Gardener
For home gardeners, using Vinder is a no-brainer. Instead of just enjoying the fruits of their labors themselves -- or, worse, letting excess fruits and veggies go to waste -- they now have an easy-to-use marketplace where buyers are actively clamoring for the same produce they'd be growing anyway. We encourage a diverse set of crops by not taking a service fee, encouraging home gardeners to connect to as many of their neighbors as possible. Now that they can sell on Vinder, many of our gardeners have even said they plan on increasing their garden sizes.
Our buyers are generally between 25 and 45 and work full time. They are people who prefer organic produce but might not have the money or time to source that produce. Instead, they use Vinder, sacrificing a small 20% service fee to eat food they know was grown in their neighborhood. Rather than supporting huge grocery store conglomerates, they get to support their neighbors while eating fresher food. It's a winning relationship for our users, which we know because right now, we have more buyers than growers.
We've Grown to 90 Cities Organically
We started out of Port Townsend, Washington. Our founder, Sam, went from one small order to delivering more than 300 pounds of produce on his bike in just three months. In 2017, we were still focusing on our one location with our beta testing, but users around the country just started using our marketplace. Without an ounce of marketing, we grew to over 90 cities in 19 states in 4 months
Now, with some momentum, we're launching an app on August 21 that will make it even easier to interact with our online marketplace. We're imagining a future where Vinder becomes the largest homemade grocery distributor in the country. By relying on communities and neighbors and not requiring any inventory or delivery vehicles, we can help create a more sustainable food ecosystem.
WF: What is Vinder?
LILLIE: Vinder is an online farmers market for home gardeners to buy, sell, and trade with their neighbors. Our goal is to revolutionize the food system and become the world's largest neighbor-made grocery store with zero inventory and zero delivery vehicles.
WF: What led you to start the company?
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