In an era where equity, sustainability, and governance issues have become paramount for many businesses, Dallas-based CheckSammy announced a $15 million strategic investment to boost its technology and better divert waste for its customers.
CheckSammy, the self-described world’s largest bulk junk/recycler, said the equity investment was provided by New York-based Zero Infinity Partners, and a term debt facility was provided by Canadian firms FirePower Capital and PaceZero Capital Partners.
“Business owners and facility managers have long needed an ‘easy button’ for waste management and sustainability services to quickly, yet smartly, free up space,” Sam Scoten, co-founder and CEO at CheckSammy, said in a statement. “This strategic investment in our technology reinforces our ability to bring greater visibility and convenience to the process, help customers better reach their sustainability goals and reduce their carbon footprint. We provide detailed data on where and how much waste is redirected along with documented proof of the outcome.”
The company said that as a result of the investment, John Kwaak, founder and managing partner of Zero Infinity Partners, will join its board of directors as an observer.
Diverting waste from landfills toward sustainable outcomes
The company said that via its asset-light digital marketplace of haulers, partners, and service providers nationwide, CheckSammy cost-effectively diverts waste from landfills toward sustainable outcomes. Calling itself the largest sustainability and waste services disruptor, the company said the $15 million investment will address driver shortages and sustainable logistics opportunities.
CheckSammy says it brings greater transparency to bulk waste removal and sustainability services by leveraging data to empower fiscally and environmentally responsible decision-making.
Network of 5,000 drivers and 25,000 reverse recycling carriers
The company’s network of more than 5,000 drivers and 25,000 reverse recycling carriers provides same-day waste removal services and subscription-based options that take on such challenges as speed, space, sorting, and logistics, CheckSammy said.
The company uses an extensive database of disposal facilities and track-and-trace technology to provide custom logistics, disposal, waste diversion, and recycling services across industries, it said.
“We’re the single-source solution, whether it’s donating textiles from a residential property manager, recycling cardboard for a major retailer, servicing a municipality, or converting restaurant food waste into eco-friendly biogas for use as fuel, electricity production, or heating,” Scoten said.
“We’re energized by the potential for CheckSammy to accelerate their growth and support the demand in an industry that is long overdue for disruption,” Trevor Simpson, partner, private debt at FirePower Capital, added in a statement.
Scoten saw an increased shortage of landfill space—and a market to tap
Founded in 2018, CheckSammy’s story has its beginnings in Scoten’s realization that there was an increased shortage of landfill space.
“I was inspired to create CheckSammy because I saw an increased shortage of landfill space due to an acceleration in consumer consumption and post-consumer waste,” Scoten wrote on LinkedIn. “By offering nationwide recycling services through thousands of independent operators and 52-foot fleet carriers, we not only collect and redirect items but also data on every job. Corporations, cities, and households entrust our organization to provide world-class nationwide services and data. It’s a privilege to be a part of the global sustainability movement.”
Scoten, who co-founded the company with CTO Paul Botelho, added that by “addressing the North American waste industry driver shortage and empowering sustainable logistics, I wanted to tackle one of the last unregulated utilities —the waste services sector. I saw an opportunity to create an asset-light waste/recycle network, that enables data collection and world-class services for businesses, governments, and individual households.”
The result? “CheckSammy offers a differentiated bulk waste removal and bespoke recycling solutions to more efficiently manage niche waste and recycling streams underserved by the broader market,” Scoten wrote on LinkedIn.
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