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Scrap Connection / Tradefox

Business intelligence and trading tools for recycling industry professionals

Pitch Video
Investor Panel

Investor Panel

Jason and Claudius interviewed Scrap Connection / Tradefox on June 29, 2020. Play Video
Jason Levine
Founder @ Spirited Works. Stanford, NYU, Peerspace. Working move our economy and ways of living in a clear, ethical, sustainable direction.
Claudius Mbemba
CTO @ useneu.com. Alum: Techstars, Microsoft, OSU. Speaker & Tech Entrepreneur advising early-stage founders.
Strengths
says, "Digitizing an antiquated process and the potential to build a reservoir of reputational information on players in the marketplace. Possible opportunity to connect buyers and sellers in virtual conferences during COVID. "
says, "Team has prior industry/recyclable experience in trying to build a marketplace. They are investing in building the meeting space for the industry to come together, which will give them a lot of leverage. They’re employing a saas business model."
Advice
says, "Clearly explain why the marketplace did not succeed in its previous iteration and show learnings. It’s always difficult to get people to adopt a new platform or product, but that’s the process of selling and building the right thing. Be able to answer thoroughly why these buyers and sellers will adopt virtual conferences if they didn’t adopt digital transactions in the marketplace."
says, "There doesn’t seem to be strong barriers to entry into the space as many of the data sources being pulled from are available to others. Building up that proprietary data set of reviews of traders will be critical to establishing a moat."

What Investors Say


What Friends Say

Eric de Groot Owner and Founder, RevelX & Scrap Connection advisor & investor
Scrap Connection was my first pick amongst all other companies at Startup Bootcamp. It's a brilliant idea now put into practice. This is what this sector urgently needs: Trust, Reliability and Transparency
Gautam Ganariwal Owner, MS Agarwal Foundries Pvt. Ltd.
The able team at Scrap Connection is headed by Mr. Chris Yerbey. He has always been a relationship builder, and the vision for the company looks great. I personally believe all vendors and scrap users should join and utilize Scrap Connection. It makes sourcing easier, with more competitive prices, and it's a great time saver.
Jacco Maas Trader at Cronimet Holland
I think that people should join Scrap Connection, because Chris and his passioned team have a good view on how the scrap business will evolve in the near future into a more efficient and safe way of doing business using their trading platform.
David Teows General Manager, Tri County Scrap Metals, LLC
Scrap Connection for us brings together a guide, if you will, within the present and into the future of the metal recycling industry pricing, news and most importantly connections! We recommend anyone looking for verified, trustworthy and reliable scrap connections for ALL metal recycling aspects to join; in this business it's not what you know about the industry, it's who you know in the industry!
Bryan van Vranken Vice President, Liberty Mutual Insurance & Scrap Connection advisor
Scrap Connection brings differentiated value to buyers and sellers that is unmatched in this sector. Their keen focus to provide exceptional customer service and to do what's right will help them and their community members win in the marketplace!
Thijs Gitmans Fund Manager, Mainport Innovation Fund II
I like it when startups try to bring the "old world" to the "new world". That's where opportunities lie. However, given the nature of these middle man driven markets it's not an easy job the guys at Scrap Connection are trying to pull. But they seem very determined to make it a success. And I am confident they will, given their industry background combined with strong online focus.
Hans Klomp Econic Program Manager, ABN AMRO Bank
I'm right behind Scrap Connection, sharing my knowledge and networks. I'm convinced they're very well positioned to be successful, mixing leading edge innovation with an existing proven business model and technology to serve a new market. Scrap Connection has the power to solve big challenges within this sector.
Johnathan Marks International media advisor working out of New York, London and Amsterdam.
I've researched various community platforms and the way they build trust. I believe Scrap Connection fulfils a serious need and this team has the experience to both build, run and grow it. I'm impressed by the technology they are using to make the transaction as simple as possible for both parties.
Bryce Giemza Former VP of Finance at a Fortune 500 company & Scrap Connection advisor
Scrap Connection's value proposition and team is second to none. I have been onboard since day one, and am excited for the future. The operational efficiencies, transparency, and security that their business model brings to a terribly inefficient marketplace is going to create a paradigm shift in the industry where everyone wins!
Coen Frank Director Fundraising & Investor Relations, Goodwell Investments
Having worked in the brokerage environment I understand the need for the transparent and efficient exchange Scrap Connection has built. I believe the team has the knowledge, network and dedication to change the world of scrap metal trading.

In the news

RWM Exhibition
July 16, 2019
RWM Exhibition, 11 - 12 September, NEC Birmingham, is the leading recycling and water & energy waste management event in the UK
Scrap Connection uses crowd-funding to help counter fraud
March 27, 2017
The Netherlands: Tech start-up Scrap Connection is fighting to minimise risks encountered by buyers, sellers and brokers of scrap materials - a mission that is backed by a 'highly successful' crowd-funding campaign that has raised over US$ 340 000 to date.
Startup wants to reduce risks in scrap trading - E-Scrap
March 23, 2017
A tech startup is developing a new product to verify trustworthiness among traders of electronic scrap and other recyclable materials. Scrap Connection plans to offer reports on companies in the scrap materials trading industry, using information gleaned from confidential reviews ...Continue Reading→
New Recommendation: Scrap Connection - Early Investing
February 27, 2017
I'm excited to announce our newest recommendation. The company is called Scrap Connection. Before I get into why we're recommending this company, a little backstory... I've done a couple of mildly interesting things in my life. One was heading a trade and financing company based in Asia. It was fun.
Scrap Connection in Top 10% on Stratifund
November 17, 2016
Scrap Connection is a global platform providing B2B software solutions to companies that buy, sell or broker recyclable materials. The company connects scrap professionals with services including in-depth business and market intelligence, an online marketplace, and end-to-end trade workflow management and finance tools.
Acerium - Scrap Connection Partnership
April 11, 2016
Acerium is proud to announce a new partnership with Scrap Connection, the world’s leading open marketplace for scrap metal products. Founded by industry veterans with decades of experience, Scrap Connection brings scrap metal recycling companies, brokers, traders and end-users together through a trusted ecosystem of verified members. The partnership between Scrap Connection and Acerium promises to simplify business development and trade settlement in the scrap industry.
Scrap Connection trading platform goes live
July 16, 2012
Responding to the perceived need for a 'safer and more efficient trading environment', the newly-founded Scrap Connection launched an industry-specific digital marketplace on July 12. The on-line platform serves to connect communities worldwide and 'provides a market that never sleeps', says CEO Chris Yerbey.
New platform for e-trade of steel scrap lists first material - Metals | Platts News Article & Story
July 16, 2012
Scrap Connection, the electronic platform for physical trading of containerized scrap, listed its first transactions Thursday as it formally launched with a ceremony on the trading floor of the Amsterdam Stock Exchange
Scrap Connection platform to start with ferrous trading
July 12, 2012
Scrap trading platform Scrap Connection will begin with ferrous material trades when it is launched on Thursday July 12, a spokesman for the company told Metal Bulletin. The company said last week that it will launch an online marketplace at 15:00 local time on July 12 at the Amsterdam Stock Exchange.
Scrap Connection to launch online exchange for scrap metals
July 5, 2012
Scrap Connection will launch an online exchange through an auction mechanism for trading metal scrap on Thursday July 12, the Netherlands-based business-to-business marketplace said.
What People Say