San Francisco, October 5, 2022 /PRNewswire/ — Trash Warrior founded by CEO Lily Shen It is also the only technology-enabled, full-service waste management platform in the United States that is secure. $8 million In a pre-A investment round led by AltaIR Capital.
Amino Capital, Operator Partners, Vermilion Ventures, and Hyphen Capital also participated in the round, along with previous investors Primavera Capital, Sand Hill Angels, Lombard Street Ventures, and 500 Startups. Trash Warrior graduated from the Spring 2020 batch of 500 Startups.
Trash Warrior offers a completely new business approach to B2B waste management in the US market. By booking a waste management request on Trashwarrior.com, any business can solve their waste headaches in hours instead of days. This on-demand, high-volume domestic platform brings technology-enabled waste management to your fingertips. Eliminates the need for phone calls, layers of brokers, round trip negotiations and covers wasteful needs of all kinds.Trash Warrior’s mission is to increase US recycling rates from 35% to 75%, making America cleaner and environmentally friendly.
Igor RyavenskyCEO and GP of AltaIR Capital comment: “The US waste management market is growing all the time, but most continue to use traditional tools and methods. ensured sex. is growing rapidly. ”
Trash Warrior is a managed platform that provides waste removal and trash rental services to all B2B customers, potentially offering highly customized enterprise solutions for clients across the country. Similar to Uber, Trash Warrior’s two-sided marketplace matches client needs with the best-positioned waste provider to satisfy them, taking into account availability, sustainability requirements, and pricing. Let
The company plans to use the new funding to improve its technology, hire top talent, and boost sales and marketing. Lily Shen: “Our main plan is to acquire more enterprise B2B customers and deepen our product capabilities with a focus on sustainability and data transparency features. , and would like to build and utilize a very detailed database of all waste diversions.”
the company has achieved $10 million Annual GMV earlier this year and has maintained a high LTV since launch. Since launching in Q4 2019, his GMV at the company has grown 8x year over year. Clients include well-known companies such as Amazon, Instacart, Imperfect Foods, Weee!, Tuft & Needle, Holiday Inn, Hyatt and Hilton.
Founded in San Francisco Three years ago, this innovative company now offers corporate customers a full-service waste management service across the United States. With each new job completed, Trash Warrior learns more about pricing and waste diversion solutions from the broad provider market, allowing us to further improve our subsequent job offerings.
about AltaIR Capital
AltaIR Capital is an international investment company founded by Igor RyavenskyThe company has invested in over 300 technology companies and is active in the Future of Work, FinTech, InsureTech and Digital Health sectors. The firm is his second most active venture capital firm in the United States. Israel (Pitchbook, 2022).
Source AltaIR Capital