GreenSpark Software – a modern software platform for the metal recycling industry – announced it has raised $9.4 million in new funding, bringing GreenSpark’s total funding to about $19 million.
The funding round was led by Zero Infinity Partners and Third Prime with participation from Bienville Capital and select strategic individuals. And 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 for helping scrap yards and other metal recyclers create stronger relationships with their customers, grow revenue more quickly, and increase profit margins. And 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.
KEY QUOTE:
”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. Over the last few years we’ve learned a lot about how to best serve this industry, and this next chapter will enable us to keep pushing the boundaries of what software can do in metal recycling. We’ve seen firsthand that the $100+ billion metal recycling industry desperately needs more modern tools – as the industry grows in both size and importance, catalyzed by an increased focus on electrification and the circular economy, this need will only become more acute. GreenSpark has been laser focused on providing our customers with more efficient ways to manage their business and grow revenue, this latest milestone shows that we’re just getting started.”
— Gordon Driscoll, co-founder and CEO of GreenSpark
