[Funding alert] Hamburg-based Resourcify Secures €14 million Series A Round Funding

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On a Mission to Reduce Companies’ Waste and Build a Circular Economy.The successful fundraising points to investor confidence in the tangible results the software-as-a-service company has already shown in reducing waste, recycling and reusing materials.

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Waste is a pressing issue for individuals, communities and the environment, and companies need to tackle this by improving their waste management and recycling. Resourcify’s platform digitises this process for them, in a market that is projected to be worth around €800bn by 2030 – double the size of the logistics market.

Resourcify’s platform connects global companies with local recyclers to optimise their sorting and recycling, improving existing processes, saving hundreds of hours of labour per client, and reducing total costs.

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Gary Lewis, CEO of Resourcify, said: “Reaching a Series A is an important milestone which helps us to grow our reach across Europe to reduce waste and save companies money in the process. By now, we’ve reached €100m waste under management, with another €100m coming through our partnership with Interzero. With a strong team, and fantastic customers our focus is to double this again next year, to build Europe’s leading circular platform.”

Elix Heinricy, Resourcify’s CBDO and Managing Director, said: “We have built a great business model that is applicable across multiple verticals and markets, and we are now looking to offer more services to bring a truly circular economy to life for even more customers.”

About Resourcify

Resourcify is on a mission to enable a zero-waste future!!! ♻️

Through the digitisation of daily operations, our recycling platform enables all businesses to manage, track, and improve their recycling while having less administration, and saving up to 40% of the costs compared to conventional waste management.

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Resourcify is trusted by thousands of the most leading companies & organisations around the globe including : Cargill, McDonalds, Hornbach, Johnson & Johnson, Edeka, Frankfurt Airport, UK Bonn, and more! Our award-winning recycling platform improves the approach to sustainability as a best practice and enhances the recycling processes to reduce waste.

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