INVESTOR OVERVIEW
KOLLECT - Online marketplace connecting customers who need to dispose of waste with our waste removal partners
About Kollect
Kollect on demand has two main business areas:
A technology enabled marketplace connecting waste customers and suppliers
ONLINE PLATFORM
Physical compactors with smart technology that are placed on shop forecourts
BIGbin WASTE DROP
Our company mission at Kollect is to create simple ways to have all waste collected and recycled globally, always exceeding customer expectations.
RESULTS & PRESENTATIONS
Access to all Company Results, Reports and Presentations. The archive of our results.
CORPORATE GOVERNANCE
Learn about the people behind Kollect; Meet the Board of Directors and the Executive Suite
WHY INVEST IN KOLLECT
Learn more about Kollect, and why invest in us. We're people on a mission
Our Mission
Our mission is “to create simple ways to get all waste collected and recycled globally”. For our online platform, simple means that when a customer (Business and Domestic) has a waste need they find us easily online, receive a quote for the job, a date for collection and the ability to book and pay online. Fulfilment of waste collection is subcontracted to our network of, licensed & vetted waste collection partners. With regards to our other business BIGbin (www.bigbin.ie) , we provide physical compactors on petrol forecourts which allow for customers to drop off their bags of rubbish and recycling. This further ties into our mission “to create simple ways to get all waste collected and recycled globally”
The waste industry is generally made up of four verticals and we serve all of these:
- Domestic, door-to-door bin collection.
- Commercial bin collection for businesses such as cafe/hotels and restaurants
- Container/Skip hire
- Junk removal, which is one off items such as furniture, mattresses and other large objects.
Our Growth Strategy
Our growth strategy for the online platform is a City-by-City approach, only focusing on cities that have 3 of these 4 verticals privatised (where customers pay the waste collectors directly and there is no municipality involvement). In the UK and Ireland there are 75 target cities and a population of over 40 Million within these cities. The size of the addressable market in the UK alone is €9 Billion or 96 Billion kr per year.
Our growth strategy for BIGbin is a mix of partnerships with independent retailers and a mix of the big multiplies like Circle K throughout Ireland and the UK. As of March 2021 we are on 31 sites in Ireland and we have identified a further 270 that are suitable/Viable for BIGbin.