Early Stage

Trust in Recycling Risk out, money in, planet win


Raised to Date:
$91,091 - RegCF
$516,091 - Total

Total Commitments ($USD)



Start Date


Close Date


Min. Goal
Max. Goal
Min. Investment


Security Type




SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Early Bird Val. Cap


Valuation Cap




Rolling Commitments ($USD)



Reporting Date


Days Remaining


% of Min. Goal


% of Max. Goal


Likelihood of Max
Avg. Daily Raise


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Year Founded



Industrial Services

Tech Sector


Distribution Model




Capital Intensity



Lewes, Delaware

Business Type

High Growth

Tradefox, with a valuation of $30 million, is raising funds on Wefunder. The company connects recycling industry professionals and provides them with trading tools and business intelligence. Tradefox generates Trade Reputation Reports for the companies to give details about the reliability of the companies. It has 6,000 members from 183 countries with an average year-over-year increase of 65% and has been used to review more than 136,000 buyer-seller transactions. Chris Yerbey founded Tradefox in July 2012. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $618,000. The campaign proceeds will be used for paying critical business development costs, tech development, and trade show budgets to expand reach in the global recycling trade.

Summary Profit and Loss Statement

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Net Income



Summary Balance Sheet

FY 2022 FY 2021




Accounts Receivable



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Long-Term Debt



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Financials as of: 04/17/2023
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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
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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?

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Tradefox on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $30,000,000

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