Smarter Sorting’s Seed Funding Now Totals $9.3M

Funding Rounds

Summary

Smarter Sorting, an Austin, Texas-based energy tech startup, announced the raise of an additional $4.3m. The seed round now amounts to $9.3m in total. The company is using the funds to continue to expand its development efforts and its business reach. Led by Chris Ripley, CEO, Smarter Sorting provides a platform that charts new path for environmental regulatory compliance to help meet global sustainability goals, Through its innovative technology, the company gives cities and retailers the tools to identify all items in their regulated waste stream by their reuse opportunity, effectively turning waste bound for incineration into products that can be reused. The intelligent platform, the compliance cloud, is currently being used by 17 municipalities across the country, including in San Mateo and Marin counties, and by several of the United States’ largest retailers.

$ Funding

$
Amount $25.0M Total raised
Date January 31, 2018 Announcement date
Investors - Lead investors
Company http://smartersorting.com Funded company

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies