Business intelligence and trading tools for recycling industry professionals
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15.0% discount
$25K+ pro rata right threshold
To fix some big problems.Our founder, Chris Yerbey, has been in the recycling business for over 22 years. He started out brokering, and later traded internationally. Over the years, he and his partner built up a very successful business, but as revenue increased so did their exposure to financial risks. Fraud, contract cancellations, and losses in settlement of quality claims plague every honest buyer, seller and broker of scrap materials. With experience in platform based technology gained from his previous startup, he had a unique cross-industry perspective on how to solve the very problems he was experiencing as a trader. Motivated to use his knowledge to help others avoid these types of losses, Chris founded Scrap Connection in 2012.
If $50,000 is raised:
94% -- Funds will be used for paying critical business development costs 6% -- Wefunder intermediary fee
If $100,000 is raised:
94% -- Funds will be used for paying business development costs with a focus on rapidly increasing monthly recurring subscription revenue 6% -- Wefunder intermediary fee
If $250,000 is raised:
94% -- We plan to expand the business development focus by hiring new team members who will focus on revenue from subscriptions. Additional funds can be used for marketing and sales. We also plan to hire a data scientist to help us improve the quality of our product. 6% -- Wefunder intermediary fee
If $500,000 is raised:
94% -- We plan to further expand sales in 2020. We also plan focus on expanding or product offering into additional verticals such as industry raw materials and agricultural products based on the success and learnings from 2019. 6% -- Wefunder intermediary fee
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