Resourcify

Based in Germany, Resourcify is a digital waste management platform that allows businesses, including waste companies, to digitize and optimize their waste recycling process. The cloud-based platform manages and automates all procedures from waste collection through transfer to a central recycling facility, markets various recycled waste, and handles the billing process as well. The platform dashboard also displays the amount of waste and helps report how well the waste has been managed, which helps increase recycling rates. The company claims that its solution reduces administration work involved in managing and tracking the recycling process and, as a result, saves around 40% of the costs compared to conventional waste management. 

As of September 2023, Resourcify has processed over 500,000 tons of waste via the platform. Since the end of 2018, it has facilitated over 1 million waste disposal orders annually across seven European countries.

Key customers and partnerships

In January 2023, Resourcify and OTTO DÖRNER launched the Resourcify-GO interface for the waste disposal and bulk solids industry allowing GO partners to process their customers' Resourcify orders automatically. In July 2023, Resourcify partnered with Interzero, a circular service provider, for an integrated digital solution “Zero Waste Manager” to organize waste management more efficiently. 

As of September 2023, Resourcify manages over EUR 115 million worth of waste for 15,000 businesses and more than 50 paying customers. The company's platform is used by top European firms like McDonald's and Johnson & Johnson, along with major German companies such as Hornbach, REWE, and Frankfurt Airport.

Funding and financials

The company’s most recent funding round was in September 2023, when it raised EUR 14 million (~USD 15 million) in a Series A funding round led by Vorwerk Ventures, to enhance its SaaS product, expand to international markets, and scale commercial teams. In July 2023, Interzero made a strategic investment of 5 % in Resourcify without co-determination or data rights.