Sortera Technologies, Inc.

📍 Markle, United States🗓 Founded 2020👥 39 employees💰 Last funded Jul 2022
Climate Technology Product Manufacturing🌐 sorteratechnologies.com
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Sortera Technologies brings state-of-the-art artificial intelligence data analytics and advanced sensors to the industrial scrap metal recycling and re-use industry. VISION Sorteras vision is to enable 100% reuse of metals recovered from end-of-life products for manufacturing of similar products. BUSINESS CASE Currently, almost 25 million tons (~50 billion lbs) of automotive shredder metal scrap is produced in US each year from end-of-life automobiles and other products, and a large fraction of this is shipped overseas to be hand sorted into aluminum, copper, brass, zinc and stainless steel, and manufactured into parts. Sortera’s highly automated sorting facilities perform highly accurate sortation of metal alloys at much lower cost making these valuable feedstocks for domestic manufacturing. SORTERA’S INNOVATIONS AND PRODUCTS OFFER COST, QUALITY AND PERFORMANCE ADVANTAGES TO DOMESTIC INDUSTRY WHILE ENSURING A SAFER & BETTER ENVIRONMENT FOR THE FUTURE. ADVANTAGES OF SORTERA TECHNOLOGY: 1. Fully automated Intelligent sorters for manufacturing lower cost, higher quality metal alloys for domestic industry 2. Decrease reliance on foreign imported metals 3. 20 times higher energy efficiency for aluminum parts manufacturing 4. Increase local manufacturing of innovative metal parts 5. Local supply chains reducing procurement time & inventory 6. Reduce green-house gas emissions 7. Reduce/eliminate need for landfills
2
Total investors
2
Early stage
0
Mid stage
0
Late stage
2020
Founded

Investors

2 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
United States
2
Frequently asked questions
Who invested in Sortera Technologies, Inc.?
Sortera Technologies, Inc. has 2 investors on record on gritt.io, including 2 early-stage backers.
When did Sortera Technologies, Inc. last raise funding?
The most recent investment in Sortera Technologies, Inc. recorded on gritt.io was in July 2022.
When was Sortera Technologies, Inc. founded?
Sortera Technologies, Inc. was founded in 2020.
What industry is Sortera Technologies, Inc. in?
Sortera Technologies, Inc. operates in Climate Technology Product Manufacturing. Find similar Climate Technology Product Manufacturing investors on gritt.io.
Where is Sortera Technologies, Inc. based?
Sortera Technologies, Inc. is headquartered in Markle, United States.