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Greenspark is a technology company.
Greenspark provides a platform that enables businesses to integrate and track their environmental impact initiatives directly into their operations. The company offers a suite of verifiable actions, including tree planting, ocean plastic removal, and carbon offsetting, with transparent tracking and reporting mechanisms. Its technical approach emphasizes simple integration and verified impact data to ensure credibility and effectiveness for participating businesses.
The company was founded in 2020 by Lenny Leemann and Virgil Leung. Their insight stemmed from a belief that conventional business practices no longer suffice, and every enterprise, regardless of size, possesses the potential to be a powerful force for positive change. They created the platform to harness this collective power and facilitate meaningful environmental contributions.
Greenspark serves businesses across various sectors seeking to enhance their sustainability footprint and communicate these efforts to their customers. The company’s mission is to inspire and empower businesses to take proactive environmental action, guiding them toward a sustainable future. It aims to maximize collective impact through carefully vetted and verified planet-positive projects globally.
Greenspark has raised $1.0M across 1 funding round.
Greenspark has raised $1.0M in total across 1 funding round.
Greenspark has raised $1.0M in total across 1 funding round.
Greenspark's investors include Mike Stevenson, Pitchdrive, Boris Bogaert, 1818 Venture Capital, Anthemis, BBVA, Boost Fund, Great Stuff Ventures, Perivoli Innovations, QC Ventures, Zone2Boost.
GreenSpark is a technology company that builds a modern, web-based software platform specifically designed for the metal recycling and scrap yard industry. Its product streamlines scrap yard operations by integrating ticketing, dispatch, inventory management, compliance, and sales into a single system. This platform helps scrap yard operators save time, reduce manual work by up to 80%, cut pricing errors, and increase profit margins by as much as 20%. GreenSpark serves metal recyclers of all sizes, from small yards to multi-location businesses, enabling them to scale efficiently while optimizing workflow and reducing operational waste[1][2][3][5].
Founded in 2021 and headquartered in Brooklyn, New York, GreenSpark was created to address the inefficiencies and outdated processes prevalent in the scrap recycling industry. The founders, drawing on their understanding of the sector’s challenges, developed a software platform built specifically for scrap yards rather than retrofitting solutions from other industries. Early traction came from customers who reported significant operational improvements, such as doubling business volume without increasing headcount and managing yards remotely with greater clarity and control[1][2][3][4].
GreenSpark rides the wave of digital transformation in traditional industries, specifically targeting the scrap recycling sector, which has historically relied on manual, paper-heavy processes. The timing is critical as the recycling industry faces increasing pressure to improve efficiency, compliance, and profitability amid growing environmental regulations and market demands. By providing a modern, data-driven platform, GreenSpark supports the circular economy and sustainability goals while enabling scrap yards to operate more competitively. This positions GreenSpark as a key enabler of technology adoption in a niche but vital segment of the broader waste management and recycling ecosystem[1][3].
Looking ahead, GreenSpark is poised to expand its product suite and customer base, leveraging recent funding rounds led by prominent investors like Tiger Global. Trends such as increased automation, AI-driven analytics, and sustainability mandates will likely shape its growth trajectory. As scrap yards continue to digitize, GreenSpark’s influence may extend beyond operational software into broader resource management and environmental compliance solutions, further embedding it in the circular economy infrastructure. Its commitment to building “10x better” solutions suggests ongoing innovation aimed at transforming the metal recycling industry’s future[2][4].
In sum, GreenSpark is not just modernizing scrap yard operations—it is setting a new standard for how technology can drive efficiency, profitability, and sustainability in a traditionally underserved industry.
Greenspark has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in January 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2023 | $1.0M Seed | Mike Stevenson | Pitchdrive, Boris Bogaert, 1818 Venture Capital, Anthemis, BBVA, Boost Fund, Great Stuff Ventures, Perivoli Innovations, QC Ventures, Zone2Boost |