WasteZero, Inc.
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WasteZero, Inc. - overview
Established
1991
Location
Raleigh, NC, US
Primary Industry
Power & Utilities
About
WasteZero, Inc. provides advanced waste management solutions that promote sustainability through innovative material management systems for various sectors, including municipalities and healthcare facilities. Founded in 1991 in Raleigh, US, WasteZero, Inc. specializes in innovative waste management solutions.
The company has undergone strategic changes to enhance its service offerings and was co-founded by individuals with notable backgrounds in environmental sustainability. Under the leadership of CEO Dave Bryla, WasteZero has secured USD 3. 1 mn in funding through its latest round in October 2017, which is part of a larger financing deal totaling USD 3. 2 mn.
All funds raised are allocated towards enhancing their service framework and expanding their market reach. WasteZero specializes in providing innovative waste management solutions designed to promote sustainability and a circular economy. Their core offerings include co-collection incentive systems and generator communication strategies, focused on optimizing materials management for various sectors such as municipalities, state governments, commercial businesses, and healthcare facilities. These solutions encourage clients to source separate materials efficiently and economically, driving significant reductions in waste generation.
WasteZero's clientele consists of over 600 organizations, including multi-family housing, disposal facilities, end market processors, schools, military institutions, and material recovery facilities. Their products and services are deployed across various geographical markets, addressing the unique waste management challenges faced by urban and suburban areas in North America. WasteZero generates revenue through partnerships and collaborative contracts with its diverse client base, focusing primarily on B2B transactions. Clients engage with the company to implement WasteZero’s sustainable solutions, which often involve tailored service agreements that include ongoing support and performance assessments.
These agreements are structured to align with the specific needs of clients, ensuring effective waste diversion strategies that yield measurable financial and environmental benefits. Revenue is derived from the successful implementation of their co-collection systems and ongoing consulting services, reinforcing WasteZero’s commitment to transforming waste management practices. The financial impact realized by their clients, including substantial waste diversion and greenhouse gas reductions, underscores the value of their offerings, contributing to WasteZero’s reputation as a leader in the sustainability sector. WasteZero plans to leverage the recent funding of USD 3.
1 mn raised in October 2017 to enhance their product offerings and expand into new geographical markets. The company aims to introduce innovative waste management solutions in urban regions across North America by 2025. This initiative will focus on developing new systems that cater specifically to the needs of municipalities and commercial entities, ensuring that their strategies align with evolving market demands. Ultimately, the funding will bolster WasteZero's capacity to deliver effective waste management solutions that further promote sustainability initiatives.
Primary Industry
Power & Utilities
Sub Industries
Waste Management
Website
www.wastezero.com
Verticals
Clean Technology
Company Stage
Early Stage
Total Amount Raised
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