Smarter Sorting

Smarter Sorting

Financials

Estimates*

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Revenues, earnings & profits over time
USD201820192020202120222023
Revenues2.8m4.4m4.5m4.5m9.1m9.1m
% growth-57 %2 %-103 %-
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DateInvestorsAmountRound
-

N/A

-

$5.0m

Seed
N/A

$4.3m

Seed

$4.7m

Convertible

$10.9m

Seed

$17.0m

Series A
N/A

$5.6m

Series A
N/A

$3.2m

Convertible
*

$22.1m

Series A
*

$7.0m

Valuation: $111m

Early VC
Total Funding€72.5m

Recent News about Smarter Sorting

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Smarter Sorting operates in the product intelligence sector, offering advanced solutions for retailers and suppliers to manage hazardous waste and ensure compliance with regulatory standards. The company leverages machine learning technology to decode complex waste classifications, making it easier for businesses to handle and dispose of hazardous materials safely. Smarter Sorting serves a diverse range of clients, including major retailers and suppliers who need to navigate the complexities of hazardous waste management and compliance. The company operates primarily in the retail and supply chain markets, providing tools that enable clients to reduce waste, lower costs, and improve operational efficiency.

Smarter Sorting's business model revolves around a subscription-based service, where clients pay for access to their platform and its various features. This model ensures a steady revenue stream while providing clients with continuous updates and support. The company makes money by offering tiered pricing plans based on the size and needs of the client, as well as additional services such as training and consulting.

By focusing on the niche market of hazardous waste management and compliance, Smarter Sorting has carved out a unique position in the industry. Their innovative use of technology not only simplifies complex processes but also helps businesses stay ahead of regulatory changes.

Keywords: product intelligence, hazardous waste, compliance, machine learning, retail, supply chain, waste management, regulatory standards, subscription service, operational efficiency.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.