US – British Columbia-based material and recycling hauler, CheckSammy has secured a US$15 million strategic investment to bolster its tech stack and better divert materials for customers of all sizes.
The equity investment has been provided by Zero Infinity Partners and a term debt facility provided by a pair of Toronto-based companies in FirePower Capital and PaceZero Capital Partners.
CheckSammy says it cost-effectively diverts materials from landfills and toward sustainable outcomes through an asset-light digital marketplace of haulers, partners and service providers across North America. The company offers on-demand and subscription-based services.
As a result of the strategic investment, Zero Infinity Partners founder and Managing Partner John Kwaak will join the CheckSammy board of directors as an observer.
CheckSammy says it brings increased transparency to bulk material removal and sustainability by leveraging data to empower fiscally and environmentally responsible decision-making.
The company claims a network of more than 5,000 drivers and 25,000 reverse recycling carriers that provide same-day removal services and subscription-based options that combat common challenges like speed, space, sorting and logistics.
Sam Scoten, co-founder, and CEO of CheckSammy said: “Business owners and facility managers have long needed an ‘easy button’ for waste management and sustainability services to quickly, yet smartly, free up space.
“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 says it uses an extensive database of disposal facilities and track-and-trace technology to provide custom logistics, disposal, material diversion and recycling services across industries, including commercial; shopping malls and retail; industrial; cities and municipalities; apartment communities; hospitals and nursing homes; hospitality; colleges and universities; airports; stadiums and venues; and residential homes.
“We are 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,” explains Scoten.
Partner, Private Debt at FirePower Capital Trevor Simpson concluded: “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.”
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