Puracy, a plant-based personal care and cleaning products company, will receive a $6 million line of credit from Gerber Finance, an eCapital company and finance partner for companies experiencing accelerated growth.
Funding from Gerber Finance will allow Puracy to focus on plastic reduction with pouch refills, water reduction with hyper concentrates and production automation. The funding will also aid Puracy to boost advertising and expansion into brick-and-mortar retailers.
Puracy’s range of products include hand and dish soaps, sanitizers, house sprays, laundry detergent, body wash, baby shampoo and pet shampoo.
All products are at least 99.3% natural. In the five years since launching the refill pouches, Puracy has prevented more than 300 tons of plastic packaging waste from entering the environment.
Sean Busch, CEO of Puracy, said, “We are impressed with how quick and easy the process with Gerber Finance has been. The Gerber Finance team has been extremely flexible and wonderful to work with, and we look forward to our continued partnership and their support in our growth.”