# Compology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/compology

- Industry: Environmental Services
- Headquarters: San Francisco, US
- Website: www.compology.com
- Total disclosed funding: $6.8M
- Latest round: Series A (Mar 30, 2016)
- Investors on record: 4

## About

Compology Inc. provides innovative waste metering technology that enables businesses to optimize their waste management processes through real-time monitoring and data-driven solutions.Founded in 2012, Compology Inc. is based in San Francisco, US. The company specializes in waste metering technology, focusing on providing solutions for effective waste management. In October 2022, Compology was acquired by RoadRunner Recycling, Inc. Financial terms of the acquisition were not disclosed. The company has successfully completed 11 deals to date, with its most recent funding round being Series C, raising a total of USD 17.15 mn, establishing a current company valuation of USD 68.68 mn. Jason Gates serves as the CEO.Compology specializes in waste metering technology, primarily through its innovative hardware and software solutions designed to optimize waste management for businesses. Their core offering includes smart cameras that monitor waste levels in real time, enabling businesses to track their waste generation and service needs more effectively. This technology is particularly beneficial for commercial enterprises, including restaurants, retail chains, and municipalities, helping them reduce costs related to waste disposal and improve their sustainability efforts. Compology's solutions are utilized across various geographical markets, with a strong presence in metropolitan areas in the United States, where waste management inefficiencies are more pronounced. The company aims to empower its clients, which range from small businesses to large corporations, by providing insights that facilitate smarter waste management decisions.Compology's revenue model is primarily based on B2B subscriptions and partnerships, wherein clients pay for access to the waste metering technology and associated services. The company engages in direct transactions with its clients, offering tailored solutions that meet specific waste management needs. The pricing structure typically includes monthly subscription fees for software access, along with potential costs for the installation and maintenance of smart cameras. These financial arrangements allow clients to capitalize on the efficiencies gained from using Compology's technology while providing a steady revenue stream for the company. By serving a diverse range of industries, from hospitality to healthcare, Compology positions itself to capture a variety of waste management needs through its flagship services.Following the acquisition in October 2022, Compology plans to expand its workforce and enhance its market presence. The company aims to develop new products that further streamline waste management practices, though specific details on upcoming launches have not been disclosed. Compology is focused on expanding into additional metropolitan regions within the United States, leveraging the recent funding from the Series C round to support these initiatives and drive growth.

## Funding rounds

- Series A, Mar 30, 2016, $6.8M — August Capital, LaunchCapital, Lemnos Labs, Draper

## Investors

- August Capital (https://capitalatlas.ai/funds/august-capital) — Series A
- LaunchCapital (https://capitalatlas.ai/funds/launchcapital) — Series A
- Lemnos Labs (https://capitalatlas.ai/funds/lemnos-labs) — Series A
- Draper (https://capitalatlas.ai/funds/draper) — Series A
