Circularity Startup CheckSammy Raises $45 Million to Scale Waste Diversion & Sustainability Solutions
Circularity startup CheckSammy announced today that it has raised $45 million through a strategic investment aimed at supporting its services and solutions for companies to meet sustainability goals including waste diversion and carbon reduction.
Founded in 2018, Texas-based CheckSammy provides on-demand, same-day bulk waste removal and bespoke sustainability services, including connecting independent waste haulers and service providers with enterprise customers through its two-sided marketplace.
In addition to enabling CheckSammy to help companies achieve and verify their waste diversion goals, the company said that the new funding will also support the launch of its sustainability software platform, Veridiant, which provides detailed diversion analytics, carbon inset and offset capabilities, a materials marketplace, and integrates with customers’ existing ESG technology stack.
Sam Scoten, CEO and Founder of CheckSammy said:
“The continued support of our work allows us to accelerate our mission to build waste diversion technology and data aggregation. We look forward to expanding our role as enablers of the circular economy by providing new tools to strategically optimize our clients’ ESG scores and diversion efforts.”
The growth equity round was led by I Squared Capital, with participation from previous investor Zero Infinity Partners. In addition, CheckSammy has entered into a growth capital and revolving credit facility with TriplePoint Capital, LLC. Ross Berger from I Squared Capital and John Kwaak from Zero Infinity Partners will join CheckSammy’s Board of Directors as part of the funding agreement.
Kevin Crull, Global InfraTech Fund Partner at I Squared Capital said:
“CheckSammy has quickly established itself as a leading provider of bulk junk removal services in North America. The company is providing an essential service to enterprise customers, while delivering tangible sustainability benefits, primarily in the form of landfill diversion.”