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About GreenSpark Software
Industries
Data & Analytics
Enterprise Software
Company Size
11-50
Company Stage
Seed
Total Funding
$14M
Headquarters
New York
Founded
2021
Overview
GreenSpark Software develops software solutions specifically designed for scrap yards, aiming to improve their operations and facilitate growth. The software combines functions such as receiving scrap, tracking inventory, and managing customer relationships into a single platform, which helps eliminate the need for multiple systems and enhances efficiency and data accuracy. This service primarily targets scrap yard owners and managers who want to modernize their operations in an industry that has been slow to adopt new technologies. GreenSpark operates on a subscription-based model, where clients pay a recurring fee for access to features like inventory reconciliation, data analytics, and customer management, along with tech support and continuous product improvements based on user feedback. The company's goal is to streamline operations for scrap yards, making them more efficient and capable of scaling their businesses.
Simplify's Take
What believers are saying
- GreenSpark raised $9.4M to expand its metal recycling software platform.
- Integration with IoT devices enhances real-time inventory tracking and operational efficiency.
- The rise of AI-driven predictive analytics optimizes scrap yard operations.
What critics are saying
- Increased competition could pressure GreenSpark's market share and pricing power.
- Rapid technological advancements may strain resources for continuous software updates.
- Economic downturns could reduce budgets for scrap yards, impacting subscription revenue.
What makes GreenSpark Software unique
- GreenSpark offers an all-in-one software solution for scrap yard operations.
- The software integrates inventory tracking, customer management, and data analytics.
- GreenSpark's user-friendly platform eliminates the need for multiple disparate systems.
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Funding
Total Funding
$14M
Meets
Industry Average
Funded Over
2 Rounds
Tiger GlobalBenefits
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
401(k) Company Match
Great start-up culture
Growth & Insights and Company News
6 month growth
↑ 4%1 year growth
↑ 8%2 year growth
↑ 4%GreenSpark Software, a modern operating system for the metal recycling industry, announced it has closed on its investment into UptimePM, a market-lea
GreenSpark, a software platform for the metal recycling industry, secures new funding led by Zero Infinity Partners and Third Prime to support expansion and optimization for metal recyclers.
BROOKLYN, N.Y.--(BUSINESS WIRE)--GreenSpark Software, a modern software platform for the metal recycling industry, today announced it has raised $9.4 million in new funding, bringing GreenSpark’s total financing to ~$19 million. The investment was led by Zero Infinity Partners and Third Prime with participation from Bienville Capital and select strategic individuals. This round of fundraising positions GreenSpark to expand its product suite and employee base while continuing to help metal recyclers optimize their operations and drive profitability. GreenSpark builds tools to help scrap yards and other metal recyclers create stronger relationships with their customers, grow revenue more quickly, and increase profit margins. The company’s end-to-end product suite helps metal recyclers streamline their entire operation and workflow from point of purchase through to ultimate sale. "As we pursue this next phase of growth, one principle that will remain constant at GreenSpark is the obsession with providing our customers the best software experience in the industry,” said Gordon Driscoll, co-founder and CEO of GreenSpark
GreenSpark has raised ~$19 million in venture financing from Tiger Global, Zero Infinity Partners, Third Prime, Bienville Capital, and more.
GreenSpark Software, a NYC-based modern software platform for the metal recycling industry, raised $5m in Series A financing
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About GreenSpark Software
Industries
Data & Analytics
Enterprise Software
Company Size
11-50
Company Stage
Seed
Total Funding
$14M
Headquarters
New York
Founded
2021
GreenSpark Software is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today