newBin (Equity)
Funding Details
Awarder
StartEngine
Date Award
January 1, 2022
Vertical
Recycling
Funding URL
View Funding Page
Premoney Valuation
$25,000,000
Valuation
$25,000,000
Funding Amount
$268,970,250,000
Company Info
Founding Year
2022
Traction
The company has established a partnership with ZeLoop for Eco Rewards and is developing an in-house resin sortation system. They aim to reduce landfill or incineration of plastics by one billion pounds a year within seven years.
Founders
Mitch Hecht, Christopher Dow, Yannick Lord
Market
Environmental Sustainability
Location
Erie, PA, US
Company Description

newBin is a free, on-demand gig-economy curbside recycling service that promises to reduce plastic in landfills. The newBin app aims to bring recycling into the 21st century by allowing users to schedule recycling pickups at their convenience and earn Eco Rewards for discounts at local stores. The company is founded by individuals passionate about the environment, with a senior team having extensive experience in recycling, marketing, and financing.

Links
Website
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