GreenSpark, a NYC-based provider of a software platform for the metal recycling industry, raised $9.4M in funding.
The round, which brought thew total amount to ~$19M, was led by Zero Infinity Partners and Third Prime with participation from Bienville Capital and select strategic individuals.
The company intends to use the funds to expand its product suite and employee base while continuing to help metal recyclers optimize their operations and drive profitability.
Led by CEO Gordon Driscoll, GreenSpark provides end-to-end, web-based software solutions for metal recyclers, helping them grow revenue and save time and money by streamlining operations and increasing access to data.
Commenting on the news, Gordon Driscoll said: “Over the last few years we’ve learned a lot about how to best serve this industry, and this next chapter will enable us to keep pushing the boundaries of what software can do in metal recycling. We’ve seen firsthand that the $100+ billion metal recycling industry desperately needs more modern tools – as the industry grows in both size and importance, catalyzed by an increased focus on electrification and the circular economy, this need will only become more acute. GreenSpark has been laser focused on providing our customers with more efficient ways to manage their business and grow revenue, this latest milestone shows that we’re just getting started.”
FinSMEs
26/01/2024