CurbWaste receives funding

CurbWaste has announced the closing of $6 million in funding led by B Capital Ascent Fund, bringing the company’s total financing to $7.2 million. This new round of financing also comes from Mucker Capital, which has one of the most successful vertical software as a service (SaaS) portfolios in venture.

The New York City-based company provides a SaaS solution that is designed to help waste service companies manage and streamline their operations from haul to disposal.

Waste haulers deal with a host of complicated elements, ranging from where, how often and what is picked up to employee manifests divided by routes and partnerships with other companies to deal with collected waste on the back end, the company says. CurbWaste says it helps companies collect, understand and leverage their data so they can spend time on high-conviction, high-return activities.

CurbWaste founder and CEO Michael Marmo says, “CurbWaste’s mission is to provide waste haulers with the necessary tools to make their business successful and continue to service their communities safely and effectively.” 

Since its initial preseed investment, CurbWaste says it has implemented a solution for customer and order management, real-time dispatch and automated billing with waste industry customers in the U.S. This new funding will allow the company to build industry-specific products that give haulers and their customers a new and more informed way of dealing with their waste.

"The waste industry provides a core utility that is necessary for our society,” says Howard Morgan, chair of B Capital, who is based in New York City. “We are excited about CurbWaste’s ability to change the waste landscape because they have the right team building the right tools that will help haulers and waste companies thrive in an increasingly digital, on-demand world."

Will Hsu, co-founder and partner at Mucker Capital, Santa Monica, California, adds, “Running a waste company is much more than picking up trash and bringing it to a dump. The day-to-day operations can change minute to minute. Michael Marmo knows this firsthand. He started his career in waste working at a transfer station scale, weighing trucks in and out. We know the main objective is to make the customer successful and he works toward that goal relentlessly.”