GreenQ

Company Overview

Snapshot

Founded in June 2015 by Shlomy Ashkenazi, Edy Candel, and Moshe Peleg, GreenQ operates with 1–10 employees. The company has raised $500,000 across one funding round from four investors. In November 2018, GreenQ received funding from investors including Technion DRIVE Accelerator and URBAN-X.

Business overview

GreenQ provides a connected garbage-collection platform designed for municipalities. The company's core technology optimizes waste collection by offering real-time tracking of garbage trucks and monitoring the capacity of residents' trash cans. Its smart waste management services cater to municipalities, haulers, and system integrators, operating within the Automotive & Mobility Technologies sector and specializing in areas like Smart Mobility, Sustainable Materials & Circularity, and Eco-Efficient Mobility Optimization & Logistics.

Strategic signal

GreenQ's focus on the "Internet of Garbage" concept, as highlighted in a May 2017 article, signals a strategic move towards leveraging IoT and data analytics to transform municipal waste management. This approach indicates a forward-looking strategy to enhance efficiency and sustainability in urban services, positioning the company as a key player in smart city infrastructure and resource optimization for investors and innovation teams.

Company Intelligence Q&A

What is GreenQ's primary focus?

GreenQ focuses on optimizing and monitoring waste collection for municipalities through a connected platform that tracks truck locations and trash can capacity.

When was GreenQ founded and by whom?

GreenQ was founded in June 2015 by Shlomy Ashkenazi, Edy Candel, and Moshe Peleg.

What was a significant funding event for GreenQ?

In November 2018, GreenQ received funding from investors including Technion DRIVE Accelerator and URBAN-X.

What technology does GreenQ utilize in its solutions?

GreenQ utilizes IoT and data analytics to create smart waste management services, including products like Smart Grapple Trucks and Underground Container Fill Level Sensors.

Which markets does GreenQ currently serve?

GreenQ currently serves geomarkets including the United States, Europe, and Israel.