👊🏽 Special Edition: Ganas Ventures Invests in LiquiDonate
This is a special edition of Lolita's Newsletter, a monthly newsletter of curated actionable insights and resources for over 20,000 underestimated founders, funders, and friends.
Ganas Ventures is excited to announce our investment in LiquiDonate's seed round. We're excited to be part of this round alongside lead Laconia Capital and participating investors Uncork Capital, Blue Ventures, Graham & Walker, and more. This marks our 19th investment since launching, adding to our growing portfolio that includes Latitud, Around, Shappi, Leadsales, Masa, Storybook, Ask Alex, Distribute, Papaya, Chptr, The Swarm, Careerflow, Avify, Vitrinnea, Manzana Verde, Zócalo, Nufi, and Toolhouse. We're excited to support LiquiDonate's vision for leveraging community in the sustainability space and remain committed to investing in passionate founders who are building the future of Latin America and the US.
💰 Founders, apply for investment here. 👊🏽 LPs, apply to invest in Ganas here.
TL;DR on Why We Invested in LiquiDonate
Massive Market Potential: Tackling the $5.32 trillion global issue of unsold inventory with a focus on sustainability and social impact
Strong Growth Trajectory: LiquiDonate has seen impressive traction with over 10 million items donated, 103 brand partners, and a fast-growing network of 3,900+ nonprofits
Operational Efficiency: Offering significant cost savings for retailers ($816B loss) through tech-driven solutions that decrease overhead and prevent landfills
Community-Focused: Creating real impact by diverting excess inventory to nonprofits and supporting circular economy practices.
Experienced Leadership: Led by Disney Petit, whose track record includes transformative work at Postmates, with deep expertise in tech and social impact.
🌱 LiquiDonate
LiquiDonate is reshaping the way businesses handle unsellable inventory by matching excess products with nonprofits across the U.S. Their innovative platform not only reduces waste but also supports community organizations, setting a new standard in inventory management. LiquiDonate offers a seamless solution for businesses to make sustainable and impactful contributions to society.
Team: The LiquiDonate team, led by visionary co-founder and CEO Disney Petit, is a powerhouse of diverse talent poised to redefine unsold inventory management. Petit, who revolutionized last-mile delivery at Postmates, is joined by Aisya Aziz, a seasoned engineer; Dan Cooper, who has managed logistics; Peter Harten, a supply chain expert; Renee Barker, a recognized sustainability leader; and Sheeva Javid, a strategic manager from Zoom and Postmates. With support from Cormac Pujals, an ex-European Central Bank analyst, and Devi Durvasula from American Express, LiquiDonate leverages its team's expertise and ties to giants like Walmart and 7-Eleven to drive transformative change in sustainability and logistics.
Market Opportunity: LiquiDonate is tapping into the colossal $30 trillion retail market, predicted to grow to $47 trillion by 2029. With 19% of goods unsold, creating a $5.32 trillion global TAM, LiquiDonate is set to revolutionize how we handle unsellable inventory.
Traction and Growth: LiquiDonate is on a remarkable growth path, with $300k ARR and over 10 million items donated. Their partnerships with 100+ brands and 3,900+ nonprofits highlight the scalability and impact of their model. Early signals from enterprises like Room & Board and Liquid Death, which expanded LiquiDonate's partnership across all their warehouses, indicate LiquiDonate's potential as a key player in the supply chain.
Community Power: LiquiDonate leverages community strength by aligning business interests with social impact. This ensures a positive, lasting effect on communities while supporting retailers in achieving sustainability goals.
Unicorn Potential: LiquiDonate's strategy includes expanding its network and enhancing technology integration, positioning them for substantial growth. Their community-driven approach and focus on sustainable impact are set to redefine the industry, offering investors a unique opportunity to be part of a transformative venture.
🙌🏽 Join the LiquiDonate Family
Become part of the LiquiDonate family as a customer here or as a Ganas Ventures LP at ganas.vc.
✨ Lolita Taub, GP at Ganas Ventures | X | luma
Ganas Ventures is actively investing $100K into pre-seed and seed community-driven startups in the US & Latin America. Learn more at ganas.vc.
Disclaimer: Ganas Ventures is a 506c fund that allows us to publicly solicit for our raise. All are welcome to apply to become an LP; however, commitments to Ganas Ventures will only be accepted by accredited investors.