The Best Bees Company partners with Enduring Planet to improve bee health and global biodiversity
Science-based beekeeping that helps large enterprises execute and measure their sustainability initiatives
The Best Bees Company installs and maintains beehives on commercial, institutional, and residential properties in cities across the US. Founded in 2010 by Noah Wilson-Rich, Ph.D., the Certified LGBTBE® company takes an innovative, science-based approach to beekeeping that helps companies measure the impact of their sustainability initiatives.
Through partnerships with institutions like Toyota, national commercial real estate companies like Beacon Capital Partners, and citizen scientists around the world, The Best Bees Company is scaling the science of pollinators and improving bee and biodiversity health, one beehive at a time.
The Best Bees Company has created the world's largest library of standardized data on honey bee health. With this data, and other innovations such as e-DNA and SmartHive technology, they are able to measure the health of pollinators and their surrounding landscapes. They then report back to clients to take data-driven action to mitigate nature-related risks on their properties and beyond.
The Best Bees Company contributes to the UN’s Sustainable Development Goal 15 (Life on land).
The Best Bees Company partnered with Enduring Planet to:
- Smooth seasonal cash flow
- Expand their team and product offering
Scale cutting edge technology while honoring people and the planet
The Best Bees Company's revenue is highly seasonal. The majority of their business client contracts renew in Q4 and Q1, so the majority of their revenue comes in during these months. With Enduring Planet financing, they are able to pay back a higher amount during strong revenue months and have more flexibility in loan repayment amounts during lower revenue yield quarters.
The Best Bees Company found succinct values alignment with Enduring Planet’s focus on inclusivity, collective action, and transparency. Over the last decade, the fruits of their labor have been cultivated by hard work and passion, and The Best Bees Company wanted to find a debt partner who would honor their people and the planet as much as they do.
Attracted to capital without collateral, personal guarantees, or hassle, they are now leveraging Enduring Planet funding to complete their current capital raise. They are scaling their cutting-edge technology to further advance their mission of improving bee health while increasing our revenue, margin, and shareholder value. Additionally, they will expand their team and regions, deepen roots in existing markets, and roll out new products and services.
Working with Enduring Planet has allowed us to push our current capital raise to the next level, by giving us the runway and resources to reach investment communities who want to make a positive impact on the planet.
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