Lesto is a B2B circular economy platform that gives businesses visibility, control, and financial intelligence over their physical assets—from equipment and inventory to surplus and waste materials. The platform combines a surplus recovery marketplace, operational workflow tools, and AI-driven analytics to turn fragmented asset operations into audit-ready, decision-ready records. Backed by PETRONAS Innovation Garage, Lesto helps organizations reduce write-offs, pass audits, and recover capital from underutilized assets.
Funding
Funding not disclosed
Founders
Product
Problem
Most businesses operate without a structured record of what's happening with their physical assets on the ground. Equipment goes missing, sits idle, or gets written off with no trail, audits require scrambling through spreadsheets and paper records, and underutilised assets sit in storage while the same items are rented or purchased elsewhere. Sustainability reporting and grant applications also fail due to a lack of structured operational evidence.
Solution
Lesto provides a connected circular economy platform that gives businesses visibility, control, and financial intelligence over their equipment, inventory, and operational workflows. The platform connects what happens on the ground to what gets reported to auditors, funders, and leadership, turning fragmented operations into audit-ready, decision-ready records. Lesto combines a B2B surplus recovery marketplace with operational workflow tools, AI-powered intelligence, and financial compliance tracking to keep valuable resources in circulation for longer. The system is designed to scale into a global data layer for circular resource flows, starting with real transactions today.
Target Audience
Primary users are any organisation that owns or manages material assets across their lifecycle—including surplus, waste, and recyclable materials—from small workshops and factories to large corporations, equipment rental companies, manufacturing SMEs, logistics and warehousing operations, construction and supply chain firms, industrial services, and multi-site operators.
Features
- Surplus Recovery Marketplace: A B2B industrial marketplace where companies can list, browse, and transact on surplus industrial equipment, redeploying underutilised assets internally or recovering capital through verified resale or rental
- Asset Visibility & Tracking: Real-time knowledge of where every asset is, what condition it's in, and who's responsible for it
- AI Operational Intelligence: Surface problems before they become costs, including idle assets, anomalies, and utilisation gaps
- Financial & Compliance Intelligence: Turns operational activity into structured documentation for audits, grants, and ESG reporting
- Operational Workflow Control: Replaces informal handoffs with structured, accountable processes across sites and teams
- Managed Visibility Service: An outsourced option where Lesto handles asset tracking and reporting so businesses get results without running an internal project