Cabinet Health P.B.C. reported raising $3.88 Million in an initial SEC Form D filing, from an offering of $5.86 Million

Company

Location

About

Cabinet Health is a sustainable healthcare company that has invented the world’s first refillable and compostable medicine system, offering an impactful solution to the growing plastic waste crisis. Co-founders Russell Gong and Achal Patel launched Cabinet Health in 2018 with a vision to reimagine the way the industry packages and fills every type of medicine. The company is on a mission to eliminate single-use plastic from the pharmaceutical industry altogether, which produces more than 190 billion single-use plastic medicine bottles every year, with an estimated 97% landing in our oceans, landfills, and eventually, our bodies as microplastics. The Cabinet Health system offers high-quality over-the-counter medicines and supplements in elevated glass bottles that can be infinitely re-used, providing customers with a more beautiful, streamlined, and low-waste alternative to the dozens of plastic pill bottles in their medicine cabinets today. All Cabinet Health medicines are third-party batch-tested, use FDA-approved active ingredients, and are free of known carcinogens, toxins, and allergens, including gluten. Cabinet Health is a certified B-Corp with a growing base of customers who have helped divert thousands of pounds of plastic from landfills. To learn more visit cabinethealth.com and follow at @cabinet.health.