Resourcify

Resourcify GmbH operates as a digital platform focused on waste management and recycling, aiming to facilitate a circular economy. Founded in 2015 by Gary Lewis, Felix Heinricy, and Pascal Alich, the Hamburg-based company seeks to address the inefficiencies and lack of transparency in traditional waste disposal by connecting businesses with a network of recycling partners. CEO Gary Lewis, originally from New Zealand, brings a passion for technology and sustainability to the company's mission. The founding idea was first presented at a Startup Weekend, which validated the concept of applying technology to the waste sector.

The company's core offering is a Software-as-a-Service (SaaS) platform that enables clients to manage and optimize their entire waste and recycling operations. This centralized system provides transparency into waste streams, allowing businesses to track recycling rates, ensure regulatory compliance, and identify opportunities for cost reduction and material reuse. The platform digitizes workflows, from waste collection and sorting to invoicing, thereby reducing administrative overhead. Clients can reportedly save up to 40% on costs compared to conventional waste management methods. Resourcify's business model is primarily subscription-based, with tiered pricing to serve a range of clients from mid-market companies to large enterprises. It also generates revenue through partnerships with waste management providers and by offering premium consulting services.

Resourcify serves a diverse client base across Europe, including major corporations like McDonald's, Bosch, Johnson & Johnson, and Hornbach. The platform is tailored for various industries, such as retail, manufacturing, construction, and healthcare, each with distinct waste management needs. By connecting clients with a network of over 650 verified recyclers, the platform facilitates the transition of waste from a cost center to a potential profit center by turning discarded materials into valuable secondary raw materials. The company has demonstrated significant traction, managing over 100 million tonnes of waste and processing over 3 million disposal orders annually across more than 25,000 active locations. Since its inception, Resourcify has raised a total of $25.4 million over five funding rounds, including a €14 million Series A round in September 2023 led by Vorwerk Ventures.

Keywords: waste management, recycling platform, circular economy, SaaS, sustainability, B2B, waste stream optimization, environmental services, cleantech, resource management