About BinIt
BinIt is an Environment company based in New York (United States) founded in 2018 by Raghav Mecheri and Ajit Akole. BinIt has raised $10.05 million across 3 funding rounds from investors including Neotribe. Its chief executive, as recorded, is Raghav Mecheri. BinIt offers products and services including Visia Platform, Hardware Systems, and Data Services. Its focus areas include Environment Tech, Solid Waste Management Tech, Collection and Software Solutions. Its legal entity is Binit, Inc.
Company details
Provider of AI-based intelligent analytics for waste management. It offers solution such as digitize waste stream, analyze, tracking, and more.
- Total Equity Funding$10.05M (USD)
in 3 rounds
- Latest Funding Round$3.65M (USD), Seed
Feb 2025
- Investors
Products & Services of BinIt
BinIt offers a comprehensive portfolio of products and services, including Visia Platform, Hardware Systems, and Data Services.
Software for hazard detection and real-time material analysis.
X-ray and camera tools for inbound material inspection.
Tools for material traceability and reporting integration.
Apps and channels of BinIt
its YouTube channel Raghav Mecheri has 13 subscribers.
Funding Insights of BinIt
BinIt has successfully raised a total of $10.05M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.65 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $10.05M
- Total Rounds 3
- Last Round Seed — $3.65M
- Investors Count 1
All 3 funding rounds of BinIt with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2025 | $3.65M | Seed | – | – | – |
| Jan 2024 | $6.4M | Seed | – | – | – |
| Jun 2022 | Seed | – | Neotribe | – |
1 investors in total: 1 institutional.
Investors in BinIt
BinIt has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Neotribe.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on tech sectors | neotribe.vc | Menlo Park, United States |
Investor details for BinIt
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
People of BinIt
3 people are tracked at BinIt (2 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Raghav Mecheri | Co-Founder & CEO | Leadership |
Ajit Akole | Co-Founder | Leadership |
Trey Gilliland | Founding Engineer | Team |
Complete people profiles for BinIt
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of BinIt
3 dated milestones of BinIt across 7 years, from founding to its latest funding, stage changes and deals.
- Founded BinIt is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $3.6M.
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as BinIt (Waste & Water Management Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | USD 25.2 B | 61,700 | ||
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | USD 16.59 B | 42,000 | ||
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | 102 |
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Related news about Binit
Complete news archive for BinIt
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Frequently Asked Questions about BinIt
BinIt was founded in 2018 and raised its 1st funding round 4 years after it was founded.
BinIt is headquartered in New York, United States. It is registered at New York, New York, United States.
Raghav Mecheri is the CEO of BinIt, as recorded in our data. They have also founded this company.
BinIt is a funded company, having raised a total of $10.05M across 3 funding rounds to date.
Provider of AI-based intelligent analytics for waste management. It offers solution such as digitize waste stream, analyze, tracking, and more.
BinIt offers Visia Platform, Hardware Systems, and Data Services.
BinIt has 1 investor. Key investors include Neotribe.
BinIt operates through Binit, Inc.