Beneath the skyline where New York’s lights shine but the garbage trucks grind, a quiet revolution just roared to life. CurbWaste, the operating system for independent waste haulers, just raised $28M in Series B funding, bringing total funding to $50M. The round was led by Socium Ventures (backed by Cox Enterprises) with returning investors Flourish Ventures, TTV Capital & B Capital Group, plus a sharp new entrant, quantitative investor Squarepoint Capital. This isn’t just about capital, it’s about clarity in a $300B industry that’s been running on muscle, instinct & paper for decades.
Founder & CEO Mike Marmo knows the grind from the ground up. Fourth-generation in the waste biz, started as a scale operator, built his own hauling company Curbside in 2016, and when COVID hit, he saw opportunity in chaos. He sold the trucks, kept the tech, and in 2022, launched CurbWaste, a SaaS built for the backbone of America: independent haulers who make cities move long before anyone’s had coffee. Co-Founder & Principal Product Manager Ashley Patel brought precision from Wall Street (J.P. Morgan, Citi) to the curb, transforming process into profit. Add Co-Founder & Advisor Vach Hovsepyan, the SaaS whisperer behind ServiceTitan’s climb from $5M to $150M ARR, and you’ve got a trio who understand grit & scale in equal measure.
The growth numbers hit harder than a compactor. 900% ARR growth in 2023. $3M in monthly payments processed. Customers reporting up to 20% better cash flow, 10 mins saved per stop & 5 hrs a week back from admin hell. 150 haulers across 40 states now run smoother, faster, smarter, because CurbWaste turns chaos into choreography. Trashgurl’s Melissa Polutta can now dispatch from anywhere, ADM Waste’s Sean Bartam says it made his company “inherently better,” and Tom Kraemer Inc.’s president calls it “a partner who understands our world.”
Socium Ventures Partner David Yang joins the board, bringing 15 yrs of investment firepower from Warburg Pincus, TA Associates & Activant Capital. With this round, CurbWaste is going all in on AI, route optimization, predictive analytics & business intelligence tools built for the industry where one wrong turn costs real dollars. It’s a move toward turning waste data into decision gold.
The $4.3B U.S. waste software market is set to nearly double by 2030, and CurbWaste is positioning itself as the system of record for a sector finally ditching the clipboard. Mike Marmo isn’t chasing hype, he’s building legacy. The waste game’s been dirty for too long. Now, it’s getting data-clean.
