WasteHero

Overview
Waste Recovery & Management Tech?
Product stageSegments
Go-to-Market
?
Waste monitoring
?

Based in Denmark, WasteHero provides an Internet of Things (IoT)-based waste collection system which includes a sensor, and navigation app to measure waste in bins, allow smart waste collection methods, and predict routes to collect waste. Its solutions are aimed at eliminating unnecessary waste collection pickups. The company provides solutions to cities, waste collectors, and organizations, and claims that its services will allow said clients to save 50% of their existing waste management services cost.

The company reports that its sensors can be used in any location around the world. The clients have the flexibility to use their own local SIM card to activate the sensor and monitor waste collection.

Key customers and partnerships

The company’s solution was first deployed in the City of Herning, which had used the solution to collect glass containers since 2018. The city reports that it has witnessed a reduced number of emptyings, less overflowing of waste, and seen an yearly saving of around 73%.

Funding and financials

In September 2020, the company raised USD 1.8 million in its seed round of funding.

HQ location:
153 Copenhagen DNK
Founded year:
2017
Employees:
11-50
IPO status:
Private
Total funding:
USD 6.7 mn
Last Funding:
USD 5.8 mn (Seed; Sep 2020)
Last valuation:
-
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Company profile
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