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Rizome

Operating

BAMBOO ECOLOGIC, CORP.

Energy & Cleantech · Bradenton, CA · Founded 2013

Climate-Positive Bamboo Building Materials

Valuation cap ⓘ
$27.0M
As of Jun 2022 · from Reg CF Offering (2021) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$3,814,335
Crowd $2.0M · Private $1.8M · 8 rounds since 2018
Latest share price
$0.0341
Section 4(a)(2) · Common Stock · Nov 2022 offering price

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$32.8M
pre-money
$27.0M
Valuation cap
$3.8M
est. pre-money
$3.8M
est. pre-money
Reg CF · Common · Nov 2021
Reg CF · Note · Feb 2021
Private · Common · Aug 2022
Section 4(a)(2) · Common · Nov 2022

Blue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher. Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth, so don't compare them with the other bars.

Share price over rounds

log scale
$0.72$0.1567$0.0341
Nov 20212024
Round offering price or verified disclosed saleDisclosed sale, unverified or year-onlyDown round · Aug 2022 (-91%)

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Cap table

Share counts as of Dec 31, 2023
preferred stock · 2.97%common stock · 97.0%
ClassOutstandingVotes / shareShare of totalLast price
preferred stockpreferred3,650,617—2.97%—
common stock119,149,907—97.0%$0.0341Nov 2022
Total122,800,524100%

Shares outstanding over timein today's share terms

123M61M0
Jan 2020Jan 2023
common stockpreferred stockRound opened

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $300KInvestors 1
Raised $100KEst. pre-money $3.8M
Raised $750KEst. pre-money $3.8M
Raised $1.1M / $1.1MInvestors 1,249Valuation cap $27M
Raised $981.6K / $3.9MInvestors 1,250Post-money $33.8M

Team

6 people
David Sands
Chief Design Officer, Founder and Director

David Sands’ work and experience at Bamboo Living, the prefab bamboo structure provider that he co-founded, provided the foundation for Rizome’s engineered bamboo lumber technologies and processes. As Chief Design Officer, David drives the development of Rizome products to meet international standards. He believes strongly that renewable building materials such as bamboo will make up the majority of construction in the near future. David’s interests continue to center on climate change, green architecture, and community planning. He is also an avid yogi and yoga teacher. He holds a Master of Arts in Architecture from the University of Florida. Mr. Sands' primary occupation is being the Chief Architect and Managing Member of Bamboo Living/Bamboo Technologies, LLC. He works 20 hours per week for Rizome.

Frederick J. Murrell
Chairman of the Board, Co-Founder, and Chief Legal Officer

With 20 years of corporate law experience, Fred serves as Rizome’s Chief Legal Officer. He previously served as corporate counsel of a Florida-based electric power company. Fred is inspired by bamboo’s strength, beauty, regenerative properties, and its ability to draw down carbon. He holds a J.D. from the University of Florida and a Bachelor of Arts in Economics from Florida State University. He continues to serve as president of Carbon Resources of Florida, Inc. Mr. Murrell's primary occupation is being the President of Carbon Resources of Florida, Inc. He works 25 hours per week for Rizome.

Fredrick Sands, MD
Co-Founder and Director

Dr. Sands is Primary Care Physican and brings a wealth of experience to our board of directors.

Russell Smith
President, CEO, Co-Founder, and Director

Russell Smith thinks of himself a Regenerative Entrepreneur, committed to promoting the use of bamboo as a renewable building material. Inspired by the hurricane & earthquake-proofed structures that Bamboo Living was building in Hawaii, Russell teamed with David and Fred to form a company solely focused on bringing engineered bamboo to the building industry. A graduate of Westminster College with a Bachelor of Arts in Economics, Russell was previously a director at Sabre Airline Solutions, the leading software solutions provider to the aviation industry, where he worked for 19 years.

Troy Carter
Co-Founder and Director

Visionary regenerative entrepreneur, Stanford graduate and extensive background in financing renewable energy and regenerative agriculture.

Chara Panagopoulos
Chief Financial Officer

Before RIZOME (aka Bamboo Ecologic Corporation), Chara was the CFO of CelebYou and Carbon Resources of Florida. In addition to providing strategic financial leadership, Chara also develops and implements policies to enhance operational efficiency. Chara holds a Bachelor of Science in Accounting from the American College of Greece in Athens and an MBA in Accounting from Golden Gate University in San Francisco. She is fluent in Greek.

Names and titles as disclosed on StartEngine, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFiled Form C-TR (terminated reporting)

Filed 3 of 6 annual reports (FY2020–FY2025)

1,250 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

  • Form C-TRApr 30, 20250001844202-25-000003
    EDGAR
  • Form C-AR/AApr 30, 20250001844202-25-000002
    EDGAR
  • Form C-ARApr 29, 20240001844202-24-000001
    EDGAR
  • Form C-ARApr 28, 20230001844202-23-000003
    EDGAR
  • Form DMar 17, 20230001844202-23-000001
    EDGAR
  • Form C-UJun 21, 20220001665160-22-001839
    EDGAR
  • Form C/AJun 16, 20220001665160-22-001813
    EDGAR
  • Form C-ARApr 29, 20220001665160-22-001164
    EDGAR
Source: ManualCIK 0001844202NVShare price $0.0341

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.