2 SaaS Startups in the Recycling Industry

January 24, 2023

SaaS startups have become the darling of Venture Capital investors, especially in the Recycling industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.

In this article, we are examining 2 VC funded SaaS startups in the Recycling industry.

Cyrkl

The largest platform in Europe for managing industrial waste and using green sourcing. An multinational technology and consulting firm with a focus on circular waste management is called Cyrkl. Cyrkl assists businesses in converting trash into resources and, consequently, into money thanks to cutting-edge technology solutions. We rely on our team of specialists in waste management for consultation. We examine the waste streams generated by your business and look for opportunities to reduce CO2 and costs with our Circular Waste Scans. Cyrkl offers market assessments and aids in the transmission of recycling laws and technology. With these initiatives, Cyrkl innovates the waste management industry and promotes the ideas of the circular economy.

Company details:
Founders:
Cyril Klepek, David Mattersdorfer, Peter Kisel
Founded:
2018
Based in:
Prague, Hlavni mesto Praha, Czech Republic
Website:
Cyrkl
Industries:
B2B, Recycling, SaaS, Trading Platform, Waste Management
Latest funding:
$1,917,121
Seed
20 December 2021
Total funding:
$2,154,061
Investors
Tilia Impact Ventures

Spoiler Alert

A Boston-based software startup called Spoiler Alert assists perishable CPG brands in managing excess and sluggish inventory. Spoiler Alert, which only operates at the manufacturing plant or distribution center level, provides a best-in-class B2B sales platform that enables food and beverage brands to manage their liquidation processes across a private network of discount retailers and nonprofit channels - with a strong emphasis on maximizing value recovery, strengthening customer relationships, and improving the effectiveness of supply chain managers tasked with managing these typically manual sales processes. Spoiler Alert, a company founded by MIT graduates, collaborates with some of the biggest companies in the world, such as Campbell's, Danone, HelloFresh, KeHE Distributors, and Kraft Heinz, as well as a growing network of discount channels devoted to expanding access to inexpensive food.

Company details:
Founders:
Emily Malina, Marty Sirkin, Ricky Ashenfelter
Founded:
2015
Based in:
Boston, Massachusetts, United States
Industries:
B2B, E-Commerce Platforms, Enterprise Software, Food and Beverage, Recycling, SaaS, Software, Supply Chain Management, Sustainability, Waste Management
Latest funding:
$11,000,000
Series A
1 December 2021
Total funding:
$16,168,000
Investors
Techstars, Collaborative Fund, MassChallenge, Maersk Growth, Acre Venture Partners

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