GreenSpark offers an end-to-end, web-based operating system for scrap yards and other metal recyclers that streamlines workflows from point of purchase through ultimate sale. Its tools are designed to help recyclers create stronger customer relationships, grow revenue more quickly, and increase profit margins. The company has raised about $19 million in venture financing to date, including $9.4 million in new funding. New investors in this round include Zero Infinity Partners and Third Prime, with participation from Bienville Capital and strategic individuals. GreenSpark intends to use the proceeds to expand its product suite and employee base while continuing to improve the software experience for the industry. Management says rising electrification and the circular-economy focus are increasing demand for modern tools in the $100+ billion metal recycling market. GreenSpark Software provides an end-to-end, web-based platform for metal recyclers, offering purchasing and sales features, inventory management, and CRM tools. The product moves paper-driven processes online to help recyclers buy metal more quickly and understand commodity positions. Its tools let operators follow metal through the yard, improve customer experience, and reduce clerical work. GreenSpark was founded by Gordon Driscoll and Evan Vandegriff and launched with support from Fractal. The company announced a $5 million Series A to expand its employee base and product suite, bringing total venture financing to $6 million. Leadership says the platform has received an overwhelmingly positive response across the U.S. metal recycling industry.

Total raised

$14M

Funding rounds

2

Latest round

Equity

Latest activity

Jan 2024