Fundraising Fox

Sustainable Composites

Lancaster, US · Pennsylvania LLC

Sustainable Composites upcycles leather waste scrap into a finished material usable like new leather, offering products made from traceable-source scrap as well as programs to process cutting-room scrap and post-consumer returns for manufacturers. It operates in the sustainable materials and circular economy space.

Founders & leadership

DM
Donald MorrisonExecutive
TT
Thomas TymonExecutive
FF
Franklin FoxExecutive

Board

EA
Elizabeth AlessiBoard director

Reported raises · per SEC filings

Form D private placements

$1.2M disclosed across 3 rounds · 2017–2024

$75KraisedSep 2024 · 2 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Elizabeth AlessiDirector
  • Franklin FoxExecutive Officer, Director
  • Donald MorrisonExecutive Officer, Director
  • Thomas TymonExecutive Officer, Director
Offering amount
$2.5M
Amount sold
$75K
Minimum investment
$50K
Sales commissions
$650K
Proceeds to insiders
$158.3K
Placement agents
Weild & Co.
First sale
Aug 2024
Incorporated
Limited Liability Company, Pennsylvania
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$800KraisedSep 2024 · 12 investors · Manufacturing
Rule 506(b)
Officers, directors & promoters on the filing
  • Donald MorrisonExecutive Officer, Director
  • Elizabeth AlessiDirector
  • Thomas TymonExecutive Officer, Director
  • Franklin FoxExecutive Officer, Director
Offering amount
$800K
Amount sold
$800K
Minimum investment
$15K
Proceeds to insiders
$164.6K
First sale
Sep 2023
Incorporated
Limited Liability Company, Pennsylvania
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$300KraisedOct 2017 · 4 investors · Manufacturing
Officers, directors & promoters on the filing
  • Franklin L FoxExecutive Officer, Promoter
  • Thomas M TymonExecutive Officer, Promoter
Offering amount
$700K
Amount sold
$300K
Minimum investment
$50K
Proceeds to insiders
$275K
First sale
Jul 2017
Incorporated
Limited Liability Company, Pennsylvania
Federal exemptions
04
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Sustainable Composites do?
Sustainable Composites upcycles leather waste scrap into a finished material usable like new leather, offering products made from traceable-source scrap as well as programs to process cutting-room scrap and post-consumer returns for manufacturers. It operates in the sustainable materials and circular economy space.
How much funding has Sustainable Composites raised?
Sustainable Composites has disclosed $1.2M raised across 3 rounds.
Where is Sustainable Composites headquartered?
Sustainable Composites is headquartered in Lancaster, US.