
EcoSoul Home
Creating eco-friendly goods for all from Earth's most renewable resources - plant-based and compostable.
Date | Investors | Amount | Round |
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- | investor | €0.0 | round |
N/A | €0.0 | round | |
investor investor investor investor | €0.0 Valuation: €0.0 | round | |
investor investor | €0.0 | round | |
* | N/A | N/A | - |
Total Funding | 000k |
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EcoSoul Home Inc. operates as a consumer goods company with a clear mission to displace single-use plastic and tree-based paper products with sustainable alternatives. Founded in 2020 by Rahul Singh and Arvind Ganesan, the company emerged from the co-founders' shared passion for environmental sustainability and an identified gap in the market for affordable eco-friendly home essentials. The pair met while working at the American e-commerce giant Wayfair, where Singh was the General Manager of the Global Supply Chain and Ganesan was the General Manager of Home Improvement. Their experience revealed a significant consumer demand for sustainable products, but a lack of accessible and affordably priced options. This realization prompted them to leave their corporate careers and launch EcoSoul Home, initially bootstrapping the venture with personal savings, including funds from Singh selling his home.
The company's business model is centered on making eco-conscious living an achievable standard for the average consumer. It achieves this by disrupting the market with products priced competitively, within a 25% range of their conventional plastic or paper counterparts. This pricing strategy is supported by direct-sourcing from manufacturers in Asia, eliminating intermediaries, and utilizing an AI-supported supply chain for optimization. EcoSoul's revenue is generated through a multi-channel sales approach that includes direct-to-consumer (D2C) sales via its website, major e-commerce platforms like Amazon and Walmart.com, and a substantial retail presence in thousands of stores across the USA, Canada, India, and other countries. The company also has a significant business-to-business (B2B) segment, including partnerships in the hospitality sector.
EcoSoul Home's product portfolio encompasses a wide array of over 100 home essentials across categories like kitchenware, tableware, bath, home care, and baby care. The core of their product line is the use of renewable and upcycled materials such as fallen palm leaves, sugarcane bagasse, bamboo, and corn starch. Offerings include compostable plates, bowls, cutlery, serving trays, cutting boards, and trash bags. A key differentiator for the company is its commitment to certified products; they hold certifications from bodies like the USDA, TUV Austria, and the Biodegradable Products Institute, ensuring their claims of being compostable, plastic-free, and tree-free are verified. The firm is also expanding its product lines to include items like chemical-free detergents and eco-friendly diapers and sanitary pads. In April 2023, the company secured $10 million in a Series A funding round led by Accel and Singh Capital Partners to fuel international expansion into the UK and European markets, launch new products, and enhance its technology capabilities.
Keywords: sustainable home goods, eco-friendly disposables, compostable tableware, plastic-free products, tree-free paper goods, bamboo kitchenware, sugarcane bagasse products, palm leaf plates, Arvind Ganesan, Rahul Singh, D2C sustainability, retail eco-products, B2B sustainable supplies, affordable eco-friendly products, certified compostable, single-use plastic alternatives, green manufacturing, sustainable supply chain, biodegradable home essentials, consumer packaged goods (CPG), environmental impact reduction