When was Scrapays founded?

Scrapays was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Where is Scrapays located?

Scrapays is headquartered in Lagos, Nigeria.

How many employees does Scrapays have?

As of Jul 01, 2024, the latest employee count at Scrapays is 10.

Is Scrapays a funded company?

Scrapays is a funded company, having raised a total of $200K across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2022.

When was the latest funding round of Scrapays?

Scrapays' latest funding was a $***** Seed round on Feb 15, 2024, with participation from 1 investor.

Where does Scrapays rank among its competitors?

Scrapays ranks 32nd amongst 247 active competitors, of which 29 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was ScrapUncle, which secured $2.4M in Jan, 2026.

Who are the top competitors of Scrapays?

Scrapays' top competitors include ScrapUncle, WeVOIS Labs and Plastic Bank. Among them, ScrapUncle secured the most recent funding round in January, 2026.

Scrapays - 2026 Company Profile, Funding & Competitors

Scrapays is a seed company based in Lagos (Nigeria), founded in 2019. It operates as an AI-based platform offering solutions for waste collection. Scrapays has raised $200K in funding from Startup Wise Guys and Catalyst Fund. The company has 247 active competitors, including 29 funded and 3 that have exited. Its top competitors include companies like ScrapUncle, WeVOIS Labs and Plastic Bank.

Company Details

AI-based platform offering solutions for waste collection. Its platform allows users to request a pickup for their recyclable materials.

Website: scrapays.com
Social
Email ID: *****@scrapays.com
Phone Number: +234 **********

Key Metrics

Founded Year

2019

Location

Lagos, Nigeria

Stage

Seed

Total Funding

$200K in 3 rounds

Latest Funding Round

Seed, Feb 15, 2024, $*****

Investors

Startup Wise Guys & 2 more

Ranked

32^nd among 247 active competitors

Employee Count

10 as on Jul 01, 2024

Similar Companies

WeVOIS Labs & 198 more

View Scrapays' full profile

Scrapays has raised a total funding of $200K over 3 rounds. Its first funding round was on 2022. Its latest funding round was a Seed round on Feb 15, 2024 for $*****. 1 investor participated in its latest round. Scrapays has 3 institutional investors.

Here is the list of recent funding rounds of Scrapays:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 15, 2024	9565130	Seed	1730828	8419401	2724477	5390853
Sep 06, 2022	8328826	Grant (prize money)	9897557	1037905	4263721	Black Founders Fund
2022	2795	Seed	8202	9764	Startup Wise Guys	7187

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View details of Scrapays's funding rounds and investors

Scrapays' employee count trend

Scrapays has 10 employees as of Jul 24. Here is Scrapays's employee count trend over the years:

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Top competitors of Scrapays include ScrapUncle, WeVOIS Labs and Plastic Bank. Here is the list of Top 10 competitors of Scrapays, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ScrapUncle 2019, Delhi (India), Seed	Provider of a digital recycling platform	$4.32M	Orios Venture Partners, Venture Catalysts ... & 21 others	64/100
2nd	WeVOIS Labs 2018, Jaipur (India), Series A	Provider of eco-friendly waste management services	$10.2M	Negen Angel Fund, Recur Club & 54 others	63/100
3rd	Plastic Bank 2013, Vancouver (Canada), Seed	Provider of a social fintech platform for plastic waste collection and recycling	-	Ethosasset, Unreasonable & 1 others	54/100
4th	Bintix 2005, Hyderabad (India), Seed	Platform utilizing technology to collect, tag, and analyze household dry waste for recycling purposes	$1.22M	Social Alpha, Kamaljyot Investments & 79 others	54/100
5th	RecycleSmart 2019, Sydney (Australia), Seed	Provider of waste collection solution	$3.16M	LVT Capital, Plug and Play Tech Center & 4 others	53/100
6th	Bower 2020, Stockholm (Sweden), Seed	Provider of reward-based recycling solutions	$5.73M	Almi Invest, Verdane & 3 others	51/100
7th	Rapidue 2015, Hyderabad (India), Unfunded	Provider of end-to-end digital solutions for waste generators, connecting them with recyclers and offering sustainable waste-commerce solutions	-	-	50/100
8th	Recyclebank 2004, New York City (United States), Acquired	Discounts and deals based recycling program	$90.1M	Generation Investment Management, Kleiner Perkins ... & 9 others	47/100
9th	AAKRI 2019, Kochi (India), Funding Raised	Company is a provider of on demand waste collection services	-	Kerala Startup Mission	44/100
10th	RTS 2015, New York City (United States), Series C	Smart waste collection company	$110M	Volition Capital, Edison Partners & 8 others	44/100
32nd	Scrapays 2019, Lagos (Nigeria), Seed	AI-based platform offering solutions for waste collection	$200K	Startup Wise Guys, Black Founders Fund & 1 others	33/100