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GreenSpark Announces $9.4 Million in New Funding To Expand Its Modern Operating System for the Metal Recycling Industry

Jan 25, 2024almost 2 years ago

Amount Raised

$9.4 Million

New YorkSoftware Development

Investors

Bienville CapitalThird PrimeZero Infinity Partners

Description

GreenSpark Software announced a $9.4 million funding round led by Zero Infinity Partners and Third Prime, with participation from Bienville Capital and select strategic individuals. The funding brings GreenSpark’s total financing to ~$19 million and positions the company to expand its product suite and employee base while continuing to help metal recyclers optimize their operations and drive profitability.

Company Information

Company

GreenSpark Software

Location

112 N 7TH ST

New York, New York, United States

About

GreenSpark is a provider of a modern platform to stream and manage all aspects of a metal recycler's operations. Our solution follows materials from the point of purchase all the way to the ultimate sale, with everything that those processes entail, all under one roof. By connecting a scrap yard’s operation through the scrap's life cycle, we increase our customers’ access to data, save them time and money, and ultimately improve their overall experience.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers