Sourgum
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Sourgum - overview
Established
2019
Location
Jersey City, NJ, US
Primary Industry
Power & Utilities
About
Sourgum provides innovative waste management solutions, optimizing disposal and recycling processes with advanced technology and data analytics for a diverse client base. Sourgum specializes in waste management solutions, offering services like waste collection and dumpster rentals. Founded in 2019 in Jersey City, US, the company has recently raised USD 12. 5 mn in a Series A funding round led by Spark Capital on April 2, 2025.
The company has completed only one deal so far. The founder, whose background is not detailed, is likely focused on waste management innovation. Sourgum Waste specializes in providing innovative waste management solutions through a suite of products and services aimed at optimizing waste disposal and recycling processes. The company's core offerings include recurring waste collection services, one-time temporary dumpster rentals, and garbage compactors, all powered by advanced data analytics and intelligent automation.
These services cater to a diverse range of clients, including businesses in sectors such as real estate, manufacturing, and retail, as well as individual consumers seeking efficient waste management solutions. Sourgum Waste operates across various geographical markets, with a notable presence in major urban areas such as Boston, Philadelphia, Miami, and Atlanta, delivering streamlined waste services tailored to the unique needs of each region. Sourgum Waste generates revenue primarily through subscription-based services and on-demand rentals, catering to both commercial and residential clients. Clients can opt for recurring service plans that provide regular waste collection, or choose temporary dumpster rentals for specific projects.
The company’s pricing structure reflects its commitment to efficiency and cost-effectiveness, with clients benefiting from an average savings of 35% on their monthly waste bills. Flagship offerings include roll-off dumpsters available in a range of sizes, from 10 to 40 cubic yards, which are essential for businesses that require flexible waste disposal solutions. By leveraging automation for scheduling and billing, Sourgum Waste ensures a seamless transactional experience for its customers while focusing on sustainability and operational excellence. In April 2025, Sourgum raised USD 12.
5 mn in Series A funding led by Spark Capital, with participation from Suffolk Technologies, Founder Collective, 186 Ventures, RiverPark Ventures, BD Investment Management, and Broadway Venture Partners. The funding will support the development of its platform and AI capabilities. The company plans to launch new products designed to enhance waste management efficiency, although specific release dates have not been disclosed. Additionally, Sourgum aims to expand its service offerings into new markets, specifically targeting urban areas across the US by the end of 2026.
Current Investors
Spark Capital, Founder Collective, RiverPark Advisors
Primary Industry
Power & Utilities
Sub Industries
Waste Management, Recycling
Website
www.sourgum.com
Verticals
Artificial Intelligence, Clean Technology, Mobile Apps
Company Stage
Series A
Total Amount Raised
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