*NEWS: Holistic Hospitality Startup in SJC Raises $5M in Series A Round. Soul Community Planet Also Donates 5% of its Profits to Charitable Causes…..
A holistic hospitality company, that provides “fair-priced lodging, co-working and fitness experiences,” based on personal wellness, social good and the environment today announced it has raised $5 million in a Series A Preferred round.
The aptly-named Soul Community Planet, with HQ in San Juan Capistrano, said in a press release from today that the raise reflects approximately 17% of its total capitalization. A second Series A closing is planned for February 2020.
Ken Cruse is the CEO and co-founder.
The first two venues for the startup – in Colorado Springs and Redmond, WA. – incorporate lodging, co-working memberships and boutique fitness.
The third venue is slated to open in Q1 2020.
SCP Adds Advisory Committee
To help guide its strategic execution, Soul Community Planet also has formed a 14-person advisory committee comprised of key industry leaders, conscious capitalists and social entrepreneurs.
Troy Arntsen – Voluspa President & Co-Founder
Alex Bhathal – RAJ Capital Management and RevOZ Founder & Managing Partner
Steve Bilt – Smile Brands CEO & Smiles For Everyone Foundation
Brian Cescolini – Universal Protection Service Founder; Conscious Investor
Chris Copps – Corient Capital Partners Founding Partner; The Center for Peace and Kindness Co-Founder
Kelly Vlahakis-Hanks – Earth Friendly Products President and Co-Founder in OC
Steve Fisk – Marsh & McLennan Agency Principal, Conscious Investor
Brian Flornes – Entrepreneur, Conscious Investor
Neel Grover – Indi CEO here in OC; Former CEO of Rakuten.com, Buy.com and Bluefly
John Jastrem – UpWire Capital CEO, Serial Entrepreneur and Conscious Investor
Brent Leffel – Equity38 Founder and Managing Partner, owner of TRX
Boaz Shonfeld – Modern Gourmet Foods Chairman and Founder; The Center for Peace and Kindness Co-Founder
Travis Trask – Gen Next Co-Founder; Business Owner and Conscious Investor
Ken Wickwar – Business Owner and Conscious Investor
More About Soul Community Planet
Its vision is to provide holistic hospitality experiences for individuals desiring to make positive choices for themselves, humankind and the planet.
Colorado Springs was the first venue to launch in 2018, with Redmond opening in 2019.
Soul Community Planet donates 5% of its profits to charitable causes that share its core values.