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Stojo isn't accepting new investments

Stojo’s deadline was April 16, 2021

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Stojo

On a mission to end disposable culture—one reusable product at a time
Consumer B2B SaaS Reduce, Reuse, Recycle
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$503,485
Raised
1,176
Investors
Successfully funded and closed on April 16, 2021.
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Pitch Updates 17 Reviews 360
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Closed on April 16, 2021. Information may not be up-to-date. Campaign closed on April 16, 2021. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Stojo Products, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Stojo Crowd SAFE Stojo Form C-A 01.27.2021.pdf Stojo Form C.pdf
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Hear from some of the 1,176 investors in Stojo


Show more

Highlights


$1M+ raised
Company has previously raised over $1M in capital
$5M+ revenue
Company had over $5M in revenue in the past 12 months
Venture-backed
Company is backed by a venture capital firm
  • Earth-conscious reusable products that make it easier to live sustainably
  • $14M in lifetime revenue with just $1M in funding
  • Grew revenue to $6.5M in 2019, a ~140% YoY increase
  • U.S. revenue grew 97% in 2020; profitable in August & September
  • Sold in over 40 countries
  • Launching 3 new product lines: food storage, kids, & recycled ocean plastic
  • #245 on the Inc. 500 List for 2020 (#26 in Consumer Products)

Problem


Consumers are demanding better reusables 

Conscious consumers want to do the right thing, but it needs to be convenient and to fit into their busy lives

Half of all plastic today is used only once. That means thousands of years sitting in a landfill or floating in our oceans, for just moments of use. We think that’s outrageous.  

Today’s consumers—particularly Millennials and Gen Z—share our outrage. They’re leading the charge in the zero waste + plastic-free movements, by taking steps in their own lives and encouraging others to live more sustainably.

And they’re demanding that companies act accordingly.

Solutions to our waste problem need to be simple, convenient, and fit into busy lives in order to create mass, systems change.

Most reusable products of the past have been ugly, bulky and leaky—hardly an inspiring way to evoke change

With more than half of consumers willing to pay more for reusable, sustainable products, we found a massive opportunity to make reusables more convenient.

Solution


Stojo is a collapsible and portable lifestyle brand

Stylish products that make it easier to live sustainably

We create products that solve the world’s waste problem and give consumers the products they need to make sustainable lifestyle changes.

And we’re arming our passionate community with products that make it fun and inspiring to choose reusables every day.  

Stojo is on a mission to end disposable culture, one convenient, collapsible, reusable container at a time.

Product


Introducing the Stojo family

A collection of reusable, collapsible cups, bottles, and (coming soon!) food storage containers for the whole family

Stojo’s signature design is iconic. Each item collapses into a leak-proof sphere for easy storage and portability.

Our cup goes from flat to functional, fast, and features a slide-on sleeve for on-the-go stability.

The Stojo bottle holds more than its disposable counterparts, while collapsing to half their size.

Stojo is made from best-in-class materials that are safe, easy to clean, and fun!

A mix of everyday colors and seasonal launches means a Stojo for every style.

Traction


$14M in lifetime revenue with only $1M in funding

We are capital efficient and have a line of sight to profitability

  • Achieved $6.5M revenue in 2019
    • 2.4x revenue growth from 2018 ($2.7M)
  • In 2020, U.S. revenue grew 97% YTD
    • DTC revenue grew 141%
    • U.S. wholesale revenue grew 72%
  • In 2019, DTC revenue grew 305% and U.S. wholesale revenue grew 356%
    • We also achieved a profitable Q4
  • Increased gross margin to 37% in 2020 (and still increasing) compared to 27% in 2019
    • Expected to reach 50% gross margin in 2021
  • Sold over 2 million Stojo Products in 40 countries since we launched
  • Found in leading retailers like Starbucks, Urban Outfitters, and Whole Foods

Stojo is at an exciting inflection point. Combining our projected revenue growth and gross margin improvement, we plan to operate at or near break-even or profitability on a monthly basis going forward. 

Customers


The next generation of (conscious) consumers

Our customers are driving the zero waste and plastic-free movements.

Our customers are our biggest cheerleaders and brand ambassadors. They’re so passionate about our mission, and they can’t stop talking about Stojo.

We’ve built an incredible and passionate community that spans the globe. Our customers have found creative ways to incorporate Stojo and sustainability into their daily lives: from commuting, to road trips, to enjoying some tea at home.

Stojo is a press darling, and we continue to be featured in top-tier publications.

Business model


We sell our products in 40+ countries

Sales channels include wholesale,  DTC & B2B

Our omni-channel strategy allows us to reach more consumers while increasing brand awareness and promoting our sustainability mission. We call it the Stojo "flywheel."

Alongside our DTC channel, Stojo products are also sold through our retail partners including Whole Foods, Urban Outfitters, and Starbucks. We also offer gifting & co-branding opportunities and have worked with clients such as American Express, Peets Coffee, and Starbucks.

Our gross margin increased from 27% in 2019 to 37% in 2020. Additionally, we have a line of sight to hitting a 50% gross margin in 2021.

With our increasing gross margins, we believe we can achieve consistent profitability by 2021. 

Market


A $164 billion market looking for eco-friendly alternatives

Stojo products are tapping into the drinkware and food storage markets that are growing ~5% annually

Stojo is positioned to grow within these markets because:

  • Environmental concerns are driving consumers to eco-friendly alternatives with 50% of CPG growth coming from sustainability-marketed products
  • More than HALF of consumers are willing to pay more for sustainable, reusable products 
  • 130+ countries have adopted a form of legislation to regulate single-use plastics and are looking for viable alternatives

Competition


Stojo is the affordable premium sustainability brand

Unlike most of our competitors, we have a healthy innovative product pipeline and a brand that consumers believe truly understands them and is aligned with their core values and beliefs regarding sustainability.

Stojo has differentiated from the competition by listening to consumers and creating products that are easy to bring with you, can be used anywhere, and let customers know we are working towards the same mission of ending disposable culture.

Vision and strategy


Stojo is on a mission to end disposable culture

Imagine a world where the things we buy actually clean up the environment

Stojo's mission to end disposable culture drives everything we do. 

We are building Stojo to create beautifully designed products that make it easy for anyone to change their habits to help eliminate single-use waste. Our product roadmap showcases our dedication to the mission, and to giving our customers the beautifully crafted products they’re asking for.

We still live in a mostly Linear Economy. While the Recycling Economy is here to stay, and Stojo is very much a part of that, much work still needs to be done globally to:

  • Phase out Linear Economy thinking and practices
  • Achieve Recycling Economy-based consumer habits, commercial critical mass and economies of scale
  • Pave the way for a truly global Circular Economy 

That's where we are focused. Imagine a world without single-use plastic. A world where you can order takeout and your daily latte without the guilt of wasteful packaging. Stojo is focused on making this happen by propelling Circular Economy solutions for consumers and businesses.

Funding


Raised $1M in funding to date

Stojo has raised a combined $1M through convertible notes, a SAFE and equity from The Seed Lab and WeWork, in addition to friends & family.

We are a capital-efficient organization, and have turned $1M in funding into $14M in revenue.  

We plan to continue our disciplined, capital-efficient approach with the capital raised through Republic.

Founders


Designed by a dad on a mission

Jurrien Swarts, Founder & CEO

As a dad and CEO, I started Stojo because I wanted to leave the world a better place for my kids. I wanted to create a brand that reflects my values, employs smart circular design, and adheres to regenerative business principles and practices.

I am committed to using the power of brand and storytelling to shift the single-use culture contributing to the destruction of our precious oceans and waterways.

+8 teammates making sustainable living easy

Deal terms


Valuation cap

$13,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

0%

If a trigger event for Stojo occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$150

The smallest investment amount that Stojo is accepting.
Learn more

Funding goal

$1.07M

The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Stojo needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Stojo Products, Inc.. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Stojo Crowd SAFE Stojo Form C-A 01.27.2021.pdf Stojo Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Stojo.
Invest
$150
Receive
  • A shoutout on our website
122 investors
Invest
$500
Receive
  • 1 Free Stojo Cup or Bottle
  • A shoutout on our website
  • Limited (3 left of 125)
119 investors
Invest
$1,000
Receive
  • 3 Free Stojo Cups or Bottles
  • A shoutout on our website
  • Limited (1 left of 120)
12 investors
Invest
$5,000
Receive
  • 1 Free Stojo Bowl
  • 3 Free Stojo Cups or Bottles
  • A shoutout on our website
  • Limited (13 left of 25)
1 investor
Invest
$10,000
Receive
  • Have a 1-1 conversation with the CEO
  • 1 Free Stojo Bowl
  • 3 Free Stojo Cups or Bottles
  • A shoutout on our website
  • Limited (9 left of 10)
2 investors
Invest
$25,000
Receive
  • Invitation to attend our Annual Investor Update call
  • Have a 1-1 conversation with the CEO
  • 1 Free Stojo Bowl
  • 3 Free Stojo Cups or Bottles
  • A shoutout on our website
  • Limited (8 left of 10)

Why others invested

See all reviews (360) See all (360)

I had purchased two of the products to see what they were like and loved them. I appreciate that they are collapsable and that the 24oz cup includes a sturdy collapsable straw.

Profile picture of Mary Gurney
Mary Gurney
Value-add investor
over 5 years ago

Nowadays, people are more conscious about the green lifestyle. Using tumbler to buy a coffee is one of them. But some of the tumbler available in the market is sometimes bulky and hard to be carried. Stojo solves this problem by creating this collapsible cup. Although the product concept can be easily duplicated by others, but the branding builds pretty well. In Jakarta, I see some of the coffeeshop works with Stojo providing their own tumbler.

Profile picture of Boris Lianto
Boris Lianto
Active investor
over 5 years ago

Based on the team, vision, and traction, I believe Stojo is positioned to be a leader in the sustainable drinkware and home/kitchenware category.

Profile picture of McKenzie Hagan
McKenzie Hagan
Value-add investor
over 5 years ago

About Stojo

Legal Name
Stojo Products, Inc.
Founded
Mar 2018
Form
Delaware Corporation
Employees
9
Website
stojo.co
Social Media
Headquarters
Google Map location of of Stojo
1 Dock 72 Way 6 floor , Brooklyn, NY
Headquarters
1 Dock 72 Way, 6 floor, Brooklyn, NY, United States 11205

Stojo Team
Everyone helping build Stojo, not limited to employees

Profile picture of Jurrien  Swarts
Jurrien Swarts
CEO & Founder
Profile picture of Jake Kelsey
Jake Kelsey
COO
Profile picture of Susie Lee
Susie Lee
Customer & Community Experience Manager
Profile picture of Armando Gomez
Armando Gomez
Director of Finance
Profile picture of Irene Tang
Irene Tang
Director of E-Commerce
Profile picture of Jennifer Evans
Jennifer Evans
Operations Manager
Profile picture of Dimitris Kouvaros
Dimitris Kouvaros
Director of Strategy
Profile picture of Erin Butrica
Erin Butrica
Graphic Designer
Profile picture of Meghan Holzhauer
Meghan Holzhauer
Brand & Growth Marketing (Fractional)
Profile picture of Rick Sadofsky
Rick Sadofsky
Sales (Fractional)
7 more team members
Jurrien Swarts
CEO & Founder
Jake Kelsey
COO
Susie Lee
Customer & Community Experience Manager
Armando Gomez
Director of Finance
Irene Tang
Director of E-Commerce
Jennifer Evans
Operations Manager
Dimitris Kouvaros
Director of Strategy
Erin Butrica
Graphic Designer
Meghan Holzhauer
Brand & Growth Marketing (Fractional)
Rick Sadofsky
Sales (Fractional)

Press

Here Are 9 of the Coolest Products From America's Top Com...
Inc.com Inc.com
·
Aug 11, 2020

Inc. 5000 To-Go Go-To Sixteen billion single-use coffee cups get thrown out each year. Enter Stojo's reusable, dishwasher...

10 best reusable water bottles for 2020
Good Housekeeping Good Housekeeping
·
Aug 8, 2020

Stojo: Best for On The Go This lightweight collapsible water bottle comes in handy when you’re out and about. It squashes...

35 Cute Finds That'll Make You Smile While WFH
Refinery29
·
Jul 20, 2020

We won't try and sugarcoat the fact that we'll be spending more time at home for the foreseeable future - but, we will tr...

These Coffee Mugs Are So Cute They'll Turn You Into a Mor...
Glamour Glamour
·
May 12, 2020

The Stojo is your hack for large, clunky travel mugs. Reviewers love the BPA-free silicone option because it’s collapsibl...

Earth Day tech roundup: Protect the planet with your purc...
CNN Underscored CNN Underscored
·
Apr 23, 2020

This coffee cup is perfect for hot and cold beverages. Made of silicone and other recyclable materials, this reusable opt...

The Best Products for a Sustainable Kitchen, According to...
The Strategist The Strategist
·
Mar 12, 2020

For Fenton, the discovery of this collapsible coffee cup was “nothing short of life-changing for my zero waste ambitions....

6 Clever Items to Simplify Your Life
Real Simple Real Simple
·
Feb 28, 2020

You'll break the habit of leaving behind your water bottle when you can crush it down to a mere three inches and toss it ...

7 Collapsible Kitchen Tools That Will Solve Your Storage ...
Food Network Food Network
·
Feb 20, 2020

Made from recyclable materials, this bottle holds 20 ounces and collapses to just over three inches in height — so you’ll...

Windy City Love, Intuitive Astrology, and 13 Other Things...
Goop Goop
·
Nov 28, 2019

“I love bringing a cup of coffee with me to work. In LA, I had the perk of just throwing whatever I needed to into my car...

Show all
Logo of Stojo

Stojo

Stojo successfully raised $503,486 from 1176 investors on April 16, 2021
Profile picture of Vera Rutherford
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Vera, Kelvin, Eric, Desiree, Reza, and 1171 others invested. 360 Reviews
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