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.

Sustainable Composites

Lancaster, US · Pennsylvania LLC

Find your way into Sustainable Composites

80 people in our graph share verified history with the Sustainable Composites team — schools, employers, funds. One of them is your warm intro.

Bob Stefanskiunlockedknows Don Morrison · together at Northern Michigan University

knows the team · via Northern Michigan University

×5knows the team · via University of Nebraska at Omaha

×5knows the team · via University of Missouri-Saint Louis

Sustainable Composites develops technologies to recycle scrap leather into new materials, creating circular supply chain solutions for companies while supporting their ESG goals. The company uses environmentally friendly processing to maximize waste utilization in the leather and composite materials industry.

Advanced Manufacturing Circular Economy Cleantech New Materials

Founders & leadership

Don Morrison inCEODon Morrison is CEO of Sustainable Composites, which recycles scrap leather into new materials for circular supply chains. He previously held executive roles in consumer products and provides mentorship to early-stage companies on business strategy and funding.

Tom TymoninCTO

Board

Elizabeth AlessiBoard director

Frank FoxChairman

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 develops technologies to recycle scrap leather into new materials, creating circular supply chain solutions for companies while supporting their ESG goals. The company uses environmentally friendly processing to maximize waste utilization in the leather and composite materials industry.
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.