Safi
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Safi - overview
Established
2021
Location
London, England, UK
Primary Industry
Environmental Services
About
Based in London, UK, and founded in 2021 Safi formerly known as TrueCircle Technologies Ltd. operates as a technology company that provides software and hardware products for recycling companies. As of 2024, the company is headed by its CEO Rishi Stocker. In November 2023, raised GBP 16.
28 million in Series A funding led by investor Nosara Capital, with participation from returning investors Lowercarbon Capital and Transition. Individual investors also participated in the round. The Series A round of financing values TrueCircle Technologies Ltd at GBP 57. 65 million post-money.
The company offers an artificial intelligence platform that provides a data and insight dashboard for recycling companies to operate efficiently and profitably. It also provides an automated sampling cabin that automatically identifies the waste, sorts the waste, and reduces the risk of fire. The firm has partnered with recycling companies like Cory, Bright Green, Glanway, and many more. The company plans to use the November 2023 funding to advance its artificial intelligence, automation, and embedded finance.
Current Investors
Passion Capital, Firstminute Capital, Giant Ventures
Primary Industry
Environmental Services
Sub Industries
Business Support Services, Recycling, Pollution Control, Green IT, Sales & Marketing Software
Website
www.safi.co
Verticals
Artificial Intelligence, Clean Technology, Cloud Computing, Cloud Computing, FinTech
Company Stage
Series A
Total Amount Raised
Subscriber access only
Safi - timeline of key events
Safi - financials
| Fiscal Year Ended | Dec 31, 2024 |
|---|---|
| Revenue (USD) | - |
| % Revenue Growth (YoY) | - |
| EBITDA (USD) | - |
| Operating Income (USD) | - |
| Operating Margin | - |
| % EBITDA Margin | - |
| NET Income (USD) | - |
| % Net Margin | - |
Safi - employee data
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