SurplusLoop provides an AI-powered B2B platform for comprehensive surplus asset management, covering identification, disposal, and reporting. The platform facilitates the circular economy by enabling businesses to effortlessly recover value and reduce waste from idle assets. This streamlined process helps organizations maximize asset potential while meeting their environmental, social, and governance (ESG) objectives.
Funding
$110K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Asset-heavy industries, such as construction and manufacturing, often struggle with inefficient liquidation and sourcing of surplus assets, leading to reduced asset value recovery and increased landfill waste. Traditional methods lack the ability to predict optimal liquidation times and efficiently match buyers with sellers.
Solution
SurplusLoop provides an AI-driven platform designed to optimize the entire lifecycle of assets, focusing on efficient liquidation and sourcing in asset-heavy industries. The platform uses predictive analytics to determine the optimal time to liquidate assets for maximum returns, ensuring companies recoup investments instead of writing assets off. By facilitating efficient matchmaking between buyers and sellers, SurplusLoop enhances asset value recovery and promotes sustainability by reducing landfill waste. The platform notifies users when it’s the optimal time to liquidate, maximizing returns on surplus assets.
Target Audience
The primary customers are companies in asset-heavy industries such as construction and manufacturing that need to efficiently manage and liquidate surplus assets.
Features
- AI-driven predictive analytics for optimal liquidation timing.
- Efficient matchmaking between buyers and sellers of surplus assets.
- Platform to manage the entire lifecycle of assets.
- Notifications for optimal liquidation times to maximize returns.