SJF Ventures Invests in CleanScapes $10MM Financing

DURHAM, N.C. & SEATTLE. SJF Ventures II, LP closed today on a $1,600,000 investment as part of a $10,000,000 Series A preferred financing for CleanScapes, Inc. CleanScapes is a recycling, organics, and waste collection company with operations in Seattle and Shoreline, WA, Portland, OR and San Francisco, CA. The ten-year-old company initially provided innovative ‘Dumpster Free Alley’ streetscape services and has since expanded to provide municipal collection services. CleanScapes recently won contracts totaling $40MM annually in Shoreline and Seattle, WA.

Chris Martin, CEO of CleanScapes added “We are excited to have SJF Ventures join the CleanScapes team. SJF’s focus on companies whose positive impacts drive business results is perfectly aligned with our company, and the SJF team’s in-depth understanding of the recycling and waste management industries is a great addition to our investor syndicate.”

“SJF seeks out forward-looking ventures that bring cleantech innovations to inefficient, mainstream industries and CleanScapes fits the bill,” said Cody Apperson, SJF Ventures Associate. “The company’s strong environmental, civic, and workforce strategies helped it win new major contracts and bring a breath of fresh air to the waste management industry.”

About CleanScapes

CleanScapes, based in Seattle, Washington, provides sustainable solid waste and recycling collection and comprehensive StreetScape management services to municipalities, commercial properties, business improvement districts, and stadiums in Washington, Oregon and California. The company has pioneered environmental and civic strategies to clean up and strengthen urban neighborhoods, provide excellent employment opportunities, and reduce the environmental footprint of their clients. www.cleanscapes.com

About SJF Ventures

SJF Ventures is a venture capital firm with $45 million under management and offices in Durham, NC and New York. SJF focuses on companies with several million in revenues seeking $1 to $10 million in equity capital to pursue new opportunities and acquisitions. Portfolio firms include CleanScapes, Truist, groSolar, Intechra, EdMap, and MedpageToday. An allied firm, SJF Advisory Services, provides events and assistance to positive impact entrepreneurs. www.sjfund.com