Tradefox
Trust in Recycling Risk out, money in, planet win
Overview
$516,091 - Total
Rolling Commitments ($USD)
Active
06/09/2023
325
91%
15%
$1,719
2012
Industrial Services
MarketplaceTech
B2B
High
Low
Summary Profit and Loss Statement
FY 2022 | FY 2021 | |
---|---|---|
Revenue |
$4,373 |
$10,036 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$-803,608 |
$-618,515 |
Summary Balance Sheet
FY 2022 | FY 2021 | |
---|---|---|
Cash |
$12,394 |
$22,173 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$284,561 |
$280,174 |
Short-Term Debt |
$247,246 |
$323,364 |
Long-Term Debt |
$57,064 |
$0 |
Total Liabilities |
$304,310 |
$323,364 |
Raise History
Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
Tradefox | 04/29/2024 | Wefunder | $30,000,000 | $516,091 | SAFE | Active | RegCF / RegD 506(c) |
Scrap Connection, Inc. | 08/31/2020 | Wefunder | $7,000,000 | $293,506 | SAFE | Funded | RegCF |
Scrap Connection, Inc. | 10/31/2017 | Wefunder | $4,500,000 | $969,727 | SAFE | Funded | RegCF |
Upgrade to gain access
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Company Updates
In 2020, KingsCrowd rated Tradefox’s Wefunder raise a Deal to Watch and gave it a five-star rating. In its new raise on Wefunder, Tradefox (formerly known as Scrap Connection) has broadened its mission from protecting buyers of recyclables to protecting the planet. Tradefox’s new emphasis on the environment is less of a pivot and more of an attempt to place the company’s services in a broader global perspective that puts the planet’s health front and center.
But why? And why now?