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Pela

169 employees

We are committed to creating a waste-free future! Who Are We? Pela has been around for over 10 years and has helped over 1 million customers make the switch to more eco-friendly products. Pela is famous for being the creators of the world's first compostable phone case, Apple watch strap + AirPods case, and fully biodegradable sunglasses (even the lenses!) Our newest venture LOMI is the must-have home appliance for anyone who cares about the environment or hates gross compost waste. What Is Our Why? Pela is on a mission to eliminate 1 Billion Pounds of waste from ever being made! In the end, we're just human like everyone else and trying our best to preserve the planet for our children and beyond. We don't claim to be perfect in our efforts but we are always pushing ourselves to believe in better, to be better, and to do better every single day. To us, that is when things begin to shift and where change is possible. Our Pela case was only the beginning. We know it's not perfect, but it is better. #BelieveInBetter

Investor insights

Funding rounds participated in

$5M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Manufacturing

Sectors

Manufacturing

Date founded

2007

Funding rounds raised

Total raised

$5M

from 3 investors over 1 rounds

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Pela raised $5M on November 8, 2019

Investors: Shawn Carter, Jay Brown and + 4 Other investors

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