CoCircular Company Profile

Background

CoCircular, founded in 2020 and headquartered in Valencia, Spain, is dedicated to transforming waste management within the construction industry. The company's mission is to prevent construction waste from ending up in landfills by implementing circular waste management practices. CoCircular's vision is to lead the industry towards sustainability by converting waste into secondary raw materials, thereby contributing to the circular economy and aligning with the European Union's guidelines on waste management.

Key Strategic Focus

CoCircular's strategic focus centers on providing comprehensive circular waste management services to construction companies, architecture firms, engineering companies, and public institutions. The company specializes in:

Digitalizing Waste Management: Utilizing their proprietary 360º Advisor software to optimize waste management processes.

Ensuring Waste Traceability: Certifying the complete traceability of each waste from the worksite to its final recovery.

Compliance and Certification: Helping clients comply with EU regulations and obtain certifications like the "Sello Valoriza" and "Sello Recicla," which indicate the percentage of waste recovery achieved.

Financials and Funding

Since its inception, CoCircular has demonstrated significant financial growth:

Revenue: Achieved a revenue of €1,100,000, tripling the previous year's figures.

Funding Rounds:

2021: Raised €400,000 through a funding round involving investors, family, and friends.

2023: Secured €800,000 in a subsequent funding round.

2025: Initiated a third funding round with a target of €1.5 to €2 million to support expansion into other sectors and countries, and to position the company as the first digital certifier of waste.

Technological Platform and Innovation

CoCircular's innovation is anchored in its proprietary 360º Advisor software, an AI-driven platform that:

Digitalizes Waste Management: Streamlines the entire waste management process, from on-site execution to final recovery.

Provides Real-Time Metrics: Offers impact metrics to the entire value chain, including construction, quality and environment, marketing, and finance departments.

Ensures Compliance: Helps clients comply with EU regulations on circular economy and contributes to the Sustainable Development Goals (SDGs) 8, 11, 12, and 13 of the 2030 Agenda.

Leadership Team

Paula Sánchez Collado: Co-Founder and Chief Executive Officer. With over 15 years in the construction sector, Paula leads CoCircular with a mission to prevent construction waste from ending up in landfills.

Leo Martinez: Co-Founder and Chief Technology Officer. Leo oversees the technological development of CoCircular's platforms.

Iker Marcaide: Co-Founder, Advisor, and Chairman. Iker brings entrepreneurial experience to the team, having founded Flywire, a global payments company.

Virginia Muñoz: Co-Founder, Advisor, and Board Member. Virginia contributes strategic insights to the company's growth and development.

Competitor Profile

Market Insights and Dynamics

The construction waste management market is evolving, with increasing emphasis on sustainability and circular economy practices. The market is characterized by:

Growing Demand: Rising awareness and regulatory pressures are driving demand for sustainable waste management solutions.

Technological Integration: Adoption of digital platforms and AI to optimize waste management processes.

Regulatory Compliance: Stricter EU regulations necessitate comprehensive waste traceability and recovery.

Competitor Analysis

While specific direct competitors are not detailed in the available information, the industry includes various companies offering waste management and recycling services. CoCircular differentiates itself through its AI-driven platform and comprehensive service offerings, positioning itself as a leader in digital waste certification and circular economy practices.

Strategic Collaborations and Partnerships

CoCircular has engaged in strategic collaborations to enhance its market position:

Venture Builder Zubi Labs: Supported the company's foundation and growth.

Lanzadera Accelerator: Provided acceleration support to scale operations.

Órbita Accelerator: Assisted in business development and strategic planning.

Club Impact Angels Social Bag: Offered investment and mentorship to drive impact-focused growth.

Operational Insights

CoCircular's operational strategy focuses on:

Client-Centric Services: Tailoring solutions to meet the specific needs of construction companies and related stakeholders.

Technological Integration: Continuously enhancing the 360º Advisor platform to provide real-time data and analytics.

Sustainability Metrics: Providing clients with measurable environmental impact metrics to demonstrate compliance and corporate responsibility.

Strategic Opportunities and Future Directions

Looking ahead, CoCircular aims to:

Expand into New Sectors: Leverage its expertise to offer waste management solutions in industries beyond construction.

Geographical Expansion: Enter new markets, with pilot projects already initiated in countries like Portugal.

Digital Certification Leadership: Establish itself as the premier digital certifier of waste, setting industry standards for waste traceability and recovery.