CurbWaste, a SaaS solution that empowers waste service companies to manage and streamline their operations from haul to disposal, announces the closing of a $6 million injection led by B Capital Ascent Fund, bringing the company鈥檚 total financing to $7.2 million.聽This new round of financing also comes from Mucker Capital, who has one of the most successful vertical SaaS portfolios in venture.
Waste management software revenue is projected to more than double over the next 5 years, with 69% of customers preferring an online and digital engagement. Waste haulers deal with a whole host of complicated elements, ranging from where, how often, and what is picked up, employee manifests divided by routes, and partnerships with other companies to deal with collected waste on the back end. CurbWaste helps companies to collect, understand, and leverage their data so they can spend time on high-conviction, high ROI activities.
鈥淚magine a world in which there was no one managing the 292 million tons of trash generated by Americans in an average year,鈥� said CurbWaste founder and CEO Michael Marmo. 鈥淲aste companies are evolving to meet these needs while adapting to meet the higher digital demands and environmental requirements from their clients. CurbWaste鈥檚 mission is to provide waste haulers with the necessary tools to make their business successful and continue to service their communities safely and effectively.鈥�
Since its initial pre-seed investment, CurbWaste has partnered with waste companies around the United States, implementing a solution for customer and order management, real time dispatch and automated billing. This new funding will allow the CurbWaste team to build industry specific and dynamic products giving haulers and their customers a new and more informed way of dealing with their waste. CurbWaste helps users become more data focused and will drive haulers to engage in more sustainable environmental initiatives.
“The waste industry provides a core utility that is necessary for our society.鈥� said Howard Morgan, Chair of B Capital. 鈥淲e are excited about CurbWaste鈥檚 ability to change the waste landscape because they have the right team building the right tools that will help haulers and waste companies thrive in an increasingly digital, on-demand world.”
鈥淩unning a waste company is much more than picking up trash and bringing it to a dump. The day to day operations can change minute to minute. Michael Marmo knows this first hand. He started his career in waste working at a transfer station scale, weighing trucks in and out鈥� said Will Hsu, Co-Founder and Partner at Mucker Capital. 鈥淲e know the main objective is to make the customer successful and he works toward that goal relentlessly.鈥�