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CurbWaste, which builds vertical SaaS software for independent waste haulers, raised $28 million in Series B funding, CEO Mike Marmo tells Axios.

Why it matters: Many independent haulers still rely on manual dispatching, paper invoices and payments by check.

Zoom in: Socium Ventures led the round, joined by Flourish Ventures, TTV Capital, B Capital Group and new investor Squarepoint.

The financing brings total funding to $50 million, which includes a $4 million seed round in early 2023 and a $10 million Series A later that year.

How it works: CurbWaste's platform helps small and mid-sized haulers automate dispatch, routing, invoicing and payments.

Customers can send work orders digitally, track trucks in real time, and issue instant invoices through embedded payments.

Its payment platform supports ACH, card, and wallet options, reducing collection times and manual errors.

"We want to become the system of record for the waste business," Marmo says.

Behind the scenes: CurbWaste has been moving up-market from five- to 50-truck fleets toward larger regional players.

New modules include residential routing and a rebuilt transportation toolset aimed at enterprise buyers.

"We're more enterprise-focused now," Marmo says. "The platform supports every line of business."

By the numbers: CurbWaste works with about 150 haulers and transfer stations, and says revenue has roughly tripled since 2023.

Marmo says software and payments revenue are typically split about 50/50, with payments volume peaking at 60% of revenue in the summer months.

What's next: CurbWaste plans to expand into recycling and landfill-compliance modules and aims to reach 300 haulers by mid-2026.

It also plans to add AI tools for route optimization, pricing, and compliance reporting.

Disclosure: Socium Ventures is the venture arm of Cox Enterprises, Axios' parent company.

CurbWaste raises $28M to digitize waste hauling

Its vertical SaaS automates dispatch, invoicing and payments.

Illustration of a dollar bill being tossed in a garbage

CurbWaste, which builds vertical SaaS software for independent waste haulers, raised $28 million in Series B funding, CEO Mike Marmo tells Axios.Why it matters: Many independent haulers still rely on manual dispatching, paper invoices and payments by check.

CurbWaste raises $28M to digitize waste hauling

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