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SortFlow’s mission is to help reduce the environmental impact of waste. Their software solution has been designed by industry experts to optimise the design and operation of waste recovery & recycling plants. They are seeking funding to further develop their product and increase their market reach.

  • The platform launched in Q4 2020 and is already used in 5 countries
  • Early adopter customers include industry leaders such as Suez
  • Industry players say product addresses gap in market
  • The industry is valued at est £295 billion, growing at 6% annually

Idea

In order to reduce the environmental impact of waste, the UK, Europe & North America are expected to significantly increase their recycling capacity over the next decade. This requires building more sorting and recycling facilities and maximising the amount of waste they can process.

Designing new facilities and assessing how to operate them efficiently can be difficult. We have built our SaaS platform to solve this problem and help waste & recycling companies be more productive and more flexible. This could help them save time, recycle more materials, and be more profitable.

We have had good initial traction since creating a prototype of the platform in January 2020. We consulted industry players and using their feedback, with our industry experience, developed V1 of our platform. This was released in October 2020 and is still used in 5 countries by our early adopter customers, including leading industry players such as Suez & Bollegraaf. We plan to release V2 later in 2021 and commercially roll it out to the broader market. We have a clear roadmap to expand the scope and market reach of our product and aim to become an industry standard.

Our revenue model is simple: we charge a monthly fee to our customers based on the number of users.

We are raising to accelerate our growth by investing in product development, boosting our sales & marketing effort and growing our team.

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This pitch is approved by Crowdcube

This pitch is approved as a financial promotion by Crowdcube Capital Limited. Every pitch on Crowdcube is reviewed to ensure it is fair, clear and not misleading.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

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SortFlow Limited has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.