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Myro isn't accepting new investments

Myro’s deadline was May 1, 2021

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Logo of Myro

Myro

Refillable plant-powered body care that's reducing plastic waste by up to 50%
B2C B2B Green Power
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$138,491
Raised
535
Investors
Successfully funded and closed on May 1, 2021.
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Closed on May 1, 2021. Information may not be up-to-date. Campaign closed on May 1, 2021. Information displayed may not be up-to-date.
Problem Solution Product Traction Customers Biz. model Market Competition Vision and strategy Funding Founders
About Team Press

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Serface Care, Inc. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Myro Crowd SAFE Myro Form C.pdf
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Hear from some of the 535 investors in Myro


Show more

Highlights


$5M+ raised
Company has previously raised over $5M in capital
$5M+ revenue
Company had over $5M in revenue in the past 12 months
Notable angel backing
Company is backed by a notable angel investor
  • Refillable plant-powered body care line, starting with deodorant
  • Booked $8M+ in revenue while eliminating 16.5 tons of plastic in 2 years
  • Retail footprint growing to 2,300+ stores in Q1, 2021
  • $10M+ raised from Serena Williams, Carmelo Anthony, Obvious Ventures
  • 2020 Glamour Beauty Award winner and Parent Magazine Green Pick of 2020
  • Creating an innovative refillable body wash and body mist in 2021
  • Addressing $25B bodycare market

Problem


Traditional bodycare products are wasteful and full of chemicals. Plus, few "natural" alternatives actually work

Millennials and Gen Z consumers demand a higher standard from brands and products, especially when it comes to personal health, environmental impact and customer experience. For them, traditional body care products, including deodorant, must not sacrifice performance or product experience at the expense of using natural ingredients or wasteful plastic over-packaging.

Solution


Refillable, plant-powered bodycare that does what it should, and then some

Myro makes clean, environmentally-friendly body care products, starting with deodorant. We heavily invest in R&D to create plant-powered formulas that meet or exceed desired performance and, while we're at it, deliver mood-boosting benefits through natural fragrances and essential oils.

Our formulas are long-lasting and entirely non-toxic, and our packaging is pro-planet too! 

Myro's refillable cases, recyclable refill pods and subscription service model help eliminate plastic waste and promote sustainable consumption practices.

Product


99% natural deodorant that 100% works

We made Myro the right way, with a harder-working formula and fewer ingredients than other deodorants. Our product is vegan, gluten, soy and mineral oil free, and aloe-based for a soothing, comfortable glide. 



Myro's formula also includes bacteria-neutralizing probiotics and sage to keep you feeling fresh. And, yes, it really works! Our new Myro+ line has been clinically tested for 24-hour odor protection!

Myro is totally customizable!

Customers can choose from 9 scents and 7 case colors, and our easy-to-use refill system means you can change your scent at any time so that Myro always matches your mood.

We deliver refill pods at the frequency that's right for you. You can update your scent preferences, press pause, or cancel your subscription at any time.

Myro's refillable cases are made for keeps, not the landfill. They're dishwasher safe and TSA compliant. Our fully recyclable refill pods use 50% less plastic than typical deodorants. In 2019 alone, Myro consumers have saved the equivalent of 3M+ plastic bags by switching to our sustainable refill system. 

Traction


Over $8M+ sold!

We booked $8M+ in revenue by growing our direct-to-consumer presence as well as testing retail channels.

We also won the 2020 Glamour Beauty Award, Parents Magazine's Green Picks of 2020, Wallpaper* Design Award, Refinery29's Beauty Innovator Award among many others....

The Best Deodorants For Women

"Work hard and smell great"


Best Natural Deodorants For Men

"Natural deodorant that’s also eco-friendly — and Myro nailed it"



Best Refillable Deodorant

"Check out Myro..."


Grooming Products For Guys Emerging From Quarantine

"Myro is ... first of it's kind plant-powered aluminum-free deodorant brand meant for both women AND men. "


Myro, The Refillable, Eco-Friendly Deodorant Wants To Be The New Star In People's Bathrooms

"...a deodorant subscription service that is 50 percent less wasteful, and uses a better natural formula, and on top of that, has an Instagram-worthy design"


Meet 3 Founders Who Helped Turn Deodorant Into the
Hottest Skin Care Product

"New York City-based Laptevsky, saw room for a chic-smelling, beautifully packaged deodorant with a minimal environmental footprint."

Customers


Over 1,000,000 units sold!

Myro has seen an incredibly positive reaction to every part of our product offering, and have accumulated a large social media following as a result.

We also have 1k+ reviews... 

And endless deodorant selfies
(believe it)

From customers & influencers

Men & women alike

Your browser does not support HTML5 video.Your browser does not support HTML5 video.Your browser does not support HTML5 video.

Business model


Omni-channel strategy unlocks quick scale and profitability

Our first source of revenue is DTC e-commerce, through subscription offerings for deodorant refills as well as one-time purchases.

Our second is retail, through partnerships with companies such as Amazon, Anthropologie, Grove, with more launching in early 2021 for a total footprint of 2300+ stores.

Super "sticky" refill model

The refill model has proven to be "sticky." Since launch, we've sold 2x as many refills as starter kits on the DTC side, and have observed a quick adoption from starter kits to refills in retail stores.

Based on our current traction and rapid retail door expansion planned for 2021, we project a revenue opportunity north of $50M/yr within a few years.

Market


$25B bodycare market

Our initial target market is the $3.5B deodorant segment of the broader $25B bodycare industry. While our current product offering only targets this market niche, Myro is in the research and development phase for several new bodycare items, two of which are expected to hit the market in early 2021. These new product lines will allow us to expand our market reach considerably over the next few years.

Competition


Sustainable consumer products are on fire! 


----

----

----

Beauty products generate over 75  billion plastic units of packaging per year. 

We see whitespace in developing a plastic-reducing bodycare line aimed at a mass-premium segment.

Vision and strategy


Myro will own sustainable bodycare

Our goal is to turn personal care necessities into pro-you, pro-planet, obsession-worthy essentials. 

Radical product innovation

It's our fundamental belief that people will always choose better sustainable products when given an easy, economical choice.
So, next up... We are creating a refillable body wash. 100% plastic free, 100% customizable.

Refillable body mist too. 

Watch for both in 2021.

Funding


$10M+ raised from visionaries and operators

Our shareholders include top VCs, entrepreneurs and high-performance athletes who share the vision of building Myro into a sustainable bodycare category leader.

Other founders backing us

A few of our institutional investors

Founders


Founder and CEO, Greg Laptevsky is a growth hacker turned founder. Born and raised in the Siberian-border city of Chelyabinsk, Russia (try saying that 5 times fast), his 10+ year marketing career has covered diverse industries from personal finance to wine, to cars and even food—the latter landing him at a meal kit service, Plated, where the idea for Myro was born. Leading the customer acquisition function at Plated (all the way to $100M+/yr in revenue), Laptevsky put his fascination with behavioral economics to good use. Greg holds a BA in Economics & Political Science, and MBA in Marketing from City University of New York.

Money Magazine interview:


Chief Operating Officer, John Wergeles is a beauty and personal care industry veteran with over $1B+ in new products created and launched over his 3 decade career. John is a graduate of Lafayette College who always had a knack for turning new product concepts on a napkin into real-life best-sellers. From handling food operations at Heinz to manufacturing razors at Edgewell, John has had a unique experience delivering millions of units of goods through retail, D2C and everything-in-between to end consumers.

Head of Sales, Jenna Boff is a graduate of SLU Chaifetz School of Business’ Entrepreneurship program. For the past decade, she has been helping aggressive, growth minded consumer product companies develop and execute strategic national and global growth. As such, she played a meaningful role in bringing dozens of premium brand stories to life including Yurbuds (transacted, Harman International / Samsung), Ring Doorbell (transacted, Amazon), Misfit (transacted, Fossil Group), (ZAGG Brands, transacted, Evercel), & more.

Creative Director, Yael Eisele is a Founding Partner and Creative Director of Deerfield, a multi-disciplinary design studio focused on ground-up brand launches, product design and branding within the fashion, beauty and lifestyle space. Yael started her 20+ year career in highly respected design studios–both in New York and abroad—and has played a leading creative role for notable in-house departments including Martha Stewart Living Omnimedia and Kate Spade New York. Together with Melanie Wiesenthal, Yael founded Deerfield in 2013. Deerfield has received prestigious awards for their creative direction and product development, including Myro. They have been recognized by Print Magazine, The Dieline, The Art Directors Club, Core 77 and Wallpaper Magazine, Dezeen, Design Milk, Beauty Independent and Refinery 29 among others. Yael was born in Germany, raised in San Francisco and is a graduate of The Rhode Island School of Design. She lives in Brooklyn with her husband and two children.

Deal terms


Valuation cap

$15,000,000

The maximum valuation at which your investment converts into equity shares or cash.
Learn more

Discount

0%

If a trigger event for Myro occurs, the discount provision gives investors equity shares (or equal value in cash) at a reduced price.
Learn more.

Minimum investment

$100

The smallest investment amount that Myro is accepting.
Learn more

Funding goal

$1.07M

The maximum amount the offering can raise is $1.07M.
Learn more

Deadline
Myro needs to reach their minimum funding goal before the deadline ( ). If they don’t, all investments will be refunded.
Learn more
Type of security

Crowd SAFE

A SAFE allows an investor to make a cash investment in a company, with rights to receive certain company stock at a later date, in connection with a specific event. · Learn more

How it works

Documents

Republic (OpenDeal Portal LLC, CRD #283874) is hosting this Reg CF securities offering by Serface Care, Inc. View the official SEC filing and all updates:
Official SEC Logo Form C SEC.gov
Company documents
Myro Crowd SAFE Myro Form C.pdf

Bonus perks

In addition to your Crowd SAFE, you'll receive perks for investing in Myro.
Invest
$150
Receive
  • 50% off Myro Starter Kit (1 refillable case + 1 deodorant pod) with FREE shipping
Invest
$250
Receive
  • FREE Myro Starter Kit (1 refillable case + 1 deodorant pod)
Invest
$1,000
Receive
  • FREE Myro 3-pack bundle (1 refillable case + 3 deodorant pods)
  • PERSONALIZATION of your Myro Case with your name/hashtag/handle
Invest
$2,500
Receive
  • FREE Myro 3-pack bundle (1 refillable case + 3 deodorant pods)
  • PERSONALIZATION of your Myro Case with your name/hashtag/handle
  • EXCLUSIVE Myro branded tote
  • Quarterly investor updates
Invest
$5,000
Receive
  • FREE 1-YEAR supply of Myro (1 refillable case + 3 multi-pack quarterly refills)
  • EXTRA Myro Case of any color
  • PERSONALIZATION of your Myro Case(s) with your name/hashtag/handle
  • EXCLUSIVE Myro branded tote
  • Quarterly investor updates
Invest
$10,000
Receive
  • FREE 1-YEAR supply of Myro (1 refillable case + 3 multi-pack quarterly refills)
  • EXTRA Myro Case of any color
  • PERSONALIZATION of your Myro Case(s) with your name/hashtag/handle
  • EXCLUSIVE Myro branded tote
  • Quarterly investor updates
  • PRIVATE sampling and pre-production access to Body Wash & Body Mist
Invest
$25,000
Receive
  • FREE 1-YEAR supply of Myro (1 refillable case + 3 multi-pack quarterly refills)
  • EXTRA Myro Case of any color
  • PERSONALIZATION of your Myro Case(s) with your name/hashtag/handle
  • EXCLUSIVE Myro branded tote
  • Quarterly investor updates
  • PRIVATE sampling and pre-production access to Body Wash & Body Mist
  • STRATEGY call with the Founder

Why others invested

See all reviews (0) See all (0)

I invested because I am committed to taking active measures to reduce the use of petroleum-based plastic containers around the world.

Profile picture of Kathrina Peters
Kathrina Peters
Active investor
over 4 years ago

Greg is an outstanding entrepreneur. Scrappy, tenacious, mission-driven. I got to invest $25,000 in the company as an angel - and am now increasing my position to support this amplification on Republic.

Profile picture of Andy Dunn
Andy Dunn
Investor
over 4 years ago

The product is necessary. I hate my deodorant. Always have trouble finding a good one. Love the impact. Team is solid. Know one key investor.

Profile picture of Eduardo Holschneider
Eduardo Holschneider
Active investor
about 4 years ago

About Myro

Legal Name
Serface Care, Inc
Founded
Nov 2017
Form
Delaware Corporation
Employees
3
Website
mymyro.com
Social Media
Headquarters
Google Map location of of Myro
132 Mulberry St 503 , New York, NY
Headquarters
132 Mulberry St, 503, New York, NY, United States 10013

Myro Team
Everyone helping build Myro, not limited to employees

Profile picture of Greg Laptevsky
Greg Laptevsky
Founder & CEO
Featured in Superheroes · Read
Entrepreneur with a successful track record of scaling direct-to-consumer businesses.
Profile picture of Jenna Boff
Jenna Boff
Head of Sales
CPG rainmaker with multi-brand track record.
Profile picture of John Wergeles
John Wergeles
COO
Beauty and personal care industry veteran with over $1B+ in new product sales.
Profile picture of Yael Eisele
Yael Eisele
Creative Director
Profile picture of Lyudmila Berezner
Lyudmila Berezner
Chemistry
Profile picture of Corey Scholibo
Corey Scholibo
Advisor
Co-founder of Repurpose
Profile picture of Ben Oppenheimer
Ben Oppenheimer
Industrial Design
Profile picture of Liz McGuirl
Liz McGuirl
Graphic Design
Profile picture of Lisa Kintner
Lisa Kintner
Social
Profile picture of Artem Fomytskyi
Artem Fomytskyi
Customer Experience
Profile picture of Jon Bichar
Jon Bichar
Engineering
8 more team members
Greg Laptevsky
Founder & CEO
Jenna Boff
Head of Sales
John Wergeles
COO
Yael Eisele
Creative Director
Lyudmila Berezner
Chemistry
Corey Scholibo
Advisor
Ben Oppenheimer
Industrial Design
Liz McGuirl
Graphic Design
Lisa Kintner
Social
Artem Fomytskyi
Customer Experience
Jon Bichar
Engineering

Press

This Is Hands Down the Best-Smelling Natural Deodorant I'...
Byrdie Byrdie
·
Dec 22, 2020

Our Verdict: Would 10/10 use again Myro’s Refillable Deodorant is the rare fancy, natural deodorant that actually works. ...

Cnet: Best sustainable deodorant for 2021
CNET CNET
·
Oct 7, 2020

The best deodorants that help keep you odor-free.

The 10 Best Deodorants for Men
Gear Patrol Gear Patrol
·
Aug 18, 2020

There's no nice way to say it: guys are gonna sweat. And while you're mostly dealing with water here, some parts of your ...

Just 26 Random Products We Really Love
BuzzFeed BuzzFeed
·
Aug 5, 2020

Pick your case. Pick your scent. Then, select your plan based on whether you want a one-time purchase or regular refill p...

These Zero-Waste Deodorants Help You Reduce Your Plastic ...
Shape Shape
·
Jul 31, 2020

No single-use plastic, no stink. You've made the sweaty, possibly smelly, aluminum-expelling switch from an antiperspiran...

17 Natural Deodorants That Actually Work
Glamour Glamour
·
Jul 26, 2020

When they first came into the world, even the best natural deodorants reeked of issues. They weren't particularly easy to...

VIDEO: Myro on TODAY Show
TODAY.com TODAY.com
·
Jun 29, 2020

With scents like jasmine, spearmint and cucumber, this Myro deodorant will have you hooked from the start. The formula is...

7 Best Natural Deodorants To Test Drive While You're Soci...
Nylon Nylon
·
Jun 19, 2020

An ideal time for judgement-free trial and error.

Lasting Odor Protection (Without the Chemicals)
AskMen AskMen
·
May 28, 2020

The AskMen editorial team thoroughly researches & reviews the best gear, services and staples for life. AskMen may get pa...

Celebrate Earth Day with these eco-friendly beauty products
TODAY.com TODAY.com
·
Apr 22, 2020

Our editors independently selected these items because we think you will enjoy them and might like them at these prices. ...

5 Ways to Make Your Beauty Routine More Sustainable
Real Simple Real Simple
·
Mar 27, 2020

Limit your packaging consumption with refillable makeup and skincare products. Myro, a chic deodorant company, has a subs...

39 clean beauty products that will help you feel good whi...
Yahoo Yahoo
·
Mar 24, 2020

Over the years, we've seen plenty of beauty trends - from the "no makeup makeup" look to DIY hair treatments using items ...

Best Green Product Pick of 2020: Myro
Parents Parents
·
Mar 4, 2020

From natural deodorants that actually work to burgers made from plants and lawn products that are safe to use around kids...

Meet 3 Founders Who Helped Turn Deodorant Into the Hottes...
Inc.com
·
Jul 8, 2019

Marketing Natural deodorant was long the domain of the granola set--until Jaime Schmidt came along. In 2010, the then-32-...

Myro is alternative to disposable deodorants
Dezeen Dezeen
·
Sep 30, 2018

Myro's recyclable refill system offers alternative to disposable deodorants.

13 Essential Beauty Products You Need In Your Beach Bag
Condé Nast Traveler Condé Nast Traveler

Summer has arrived, and after months of self-isolation indoors, many of us can't wait to get outside and enjoy the sun. F...

Grooming Products For Guys Emerging From Quarantine
Forbes Forbes

The most important takeaway from the quarantine is that new exposure can truly bring great change. For example, in the me...

The 12 Most Innovative Sustainable Beauty Products Of 2019
Refinery29

At Refinery29, we're here to help you navigate this overwhelming world of stuff. All of our market picks are independentl...

Show all
Logo of Myro

Myro

Myro successfully raised $138,491 from 535 investors on May 1, 2021
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Heidi, Kevinee, Dale, Alpen, Kristin, and 530 others invested. 86 Reviews
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