Eco Tree Group S.R.L.

Eco Tree Group S. R. L. specializes in innovative waste management solutions through a digital platform, enhancing recycling processes for businesses in Romania while promoting sustainability and efficiency.

Founded in 2017 in Bucharest, Romania, Eco Tree Group S. R. L. operates a digital platform designed to streamline waste management.

The company has successfully raised EUR 0. 43 mn in Seed funding, led by Sparking Capital with participation from SeedBlink Crowd S. A. The latest funding round occurred on November 4, 2021, which contributed to the total amount raised by the company being EUR 0.

43 mn. The founder's history is not publicly available. EcoTree operates a comprehensive digital platform designed to facilitate waste management through streamlined documentation and transaction processes. The core offering consists of a virtual operational hub that simplifies recycling efforts for businesses by automating the generation of necessary documents and providing real-time access to licensed waste collectors nationwide.

This platform enables users to manage their waste disposal needs efficiently, eliminating traditional bureaucratic barriers associated with waste management. EcoTree primarily serves businesses across various sectors that generate waste, allowing them to connect directly with licensed collectors and optimize their recycling processes, providing tailored solutions based on the specific waste profiles of the companies it serves. EcoTree's revenue for the most recent year, 2021, was EUR 36,014. The company's EBITDA for the same year was EUR -178,614.

5. Revenue is generated through transactions facilitated on its digital platform, where businesses pay for services related to waste management and recycling solutions, establishing B2B relationships for ongoing support. In November 2021, Eco Tree Group S. R.

L. raised EUR 433,000 in Seed funding, led by Sparking Capital. This funding will be used to expand the company's business reach in 2022, with plans to launch new products and enter new markets. Specific markets targeted for expansion have not been disclosed.