LiquiDonate is proud to join the pledge 1% community, through a commitment of time, equity, and product.
LiquiDonate provides retailers with a sustainable solution for handling the costly and cumbersome reverse logistics flow of returns and excess inventory. Specifically LiquiDonate helps retailers donate such goods to nonprofit organizations, schools, and community groups nationwide. LiquiDonate’s tech-based solution for landfill diversion uses their Donation as a Service API (DaaS) and matching algorithm, to save retailers significant capital while providing them with an opportunity to have a direct social impact within their community. Recipients receive free goods, allowing them to spend their donation dollars on other programmatic costs.
Founded by two ex-Postmates employees - Diz Petit who led the sustainability and social impact efforts at Postmates, and Chai Nadig who built tech for good products at Postmates - were inspired by a notion that there was immense room for improvement within a system that produces 6 billion pounds of waste every year. 80% of retail returns end up in landfills, while the other 20% goes into a costly, inefficient, and often wasteful liquidation process.
“Our goal is to do some of the most extreme landfill diversion in the world through LiquiDonate, while increasing the accessibility of quality items for nonprofits who need them the most.” -Diz Petit, LiquiDonate Founder & CEO.
LiquiDonate’s scalable API is being built to handle millions of item donations from enterprise retailers, and instantaneously match them to nonprofits.
A solution like LiquiDonate, which helps retailers meet their sustainability goals, is required now more than ever. Driving factors include an increased interest and requirement for ESG (Environmental, Social, and Governance) reporting, a growing consumer demand for companies to move in a sustainable direction, as well as a brightening spotlight on Retail’s ‘Dark Side,’ as reported by the New York Times.
In line with Pledge 1% initiatives, it was important to both the founders and early employees to establish a company culture that values and creates opportunities to give back to our local communities. With hopes to inspire joining the movement of tech for good within the tech space, LiquiDonate employees are given 24 hours of paid volunteer time to spend in their communities as they see fit to make the biggest impact on issues they care about. LiquiDonate prioritizes efforts to volunteer together at every company offsite as part of team building and giving back, as they did recently with Project Open Hand in San Francisco. LiquiDonate also plans to create the largest, accessible database of nonprofits to bridge the gap between givers and nonprofits.
Nonprofits are invited to register at www.liquidonate.com/register-a-nonprofit
Retailers are invited to request a demo at www.liquidonate.com/retail
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