NYC-based GreenSpark secures $9.4million in funding. Led by Zero Infinity Partners and Third Prime, the round raised a total of approximately $19 million. Bienville Capital and a few other strategic participants also contributed.
With the money, the company plans to grow both its workforce and range of products, all the while assisting metal recyclers in streamlining their processes and increasing their bottom line.
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Under the direction of CEO Gordon Driscoll, GreenSpark offers metal recyclers complete web-based software solutions that streamline operations and improve data access, allowing them to increase income and reduce time and costs.
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.”
About GreenSpark
A cutting-edge platform for managing and streaming every facet of a metal recycler’s activities is offered by GreenSpark. Their solution tracks materials from the moment of procurement to the final sale, handling every step of the journey under one roof.
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