When you think of waste management, you may not think about all the different parties that sort and transport garbage from its many origins to a landfill or recycling center. But overseeing and optimizing that process is where Compology, a new kind of waste management company, shines. The San Francisco-based startup offers a suite of sensors and a software platform that work in concert to monitor containers and driver routes to cut back on the cost of picking up half-full dumpsters.
The market is there. Many cities have set zero waste goals, with the idea of making most waste recyclable or reusable. In the meantime, there’s still a lot of trash accumulating. According to a 2013 report from the World Bank, global waste is on track to triple by the year 2100. Even by 2025, the cost of dealing with so much trash will hit $375 billion, with developing nations the most impacted by the price.