SORTERA ALLOYS Revenue and Competitors

Location

#670

Growjo Ranking

Estimated Revenue & Valuation

  • SORTERA ALLOYS's estimated annual revenue is currently $7.6M per year.(i)
  • SORTERA ALLOYS's estimated revenue per employee is $168,000

Employee Data

  • SORTERA ALLOYS has 45 Employees.(i)
  • SORTERA ALLOYS grew their employee count by 50% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$27.1M12913%N/AN/A
#2
$5.4M320%N/AN/A
#3
$8.2M490%N/AN/A
#4
$67.7M3004%N/AN/A
#5
$8.1M4820%N/AN/A
#6
$54.1M234-6%N/AN/A
#7
$4M274%N/AN/A
#8
$5.9M35-8%N/AN/A
#9
$3.7M25-31%N/AN/A
#10
$10.6M5617%N/AN/A
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Sortera uses its patented artificial intelligence technology for production of low-cost high-quality metal alloys for domestic manufacturing. VISION Sortera's vision is to enable 100% reuse of metals recovered from end-of-life products for manufacturing of similar products. BUSINESS CASE Currently, almost 25 million tons (~50 billion lbs) of automotive shredder metal scrap is produced in US each year from end-of-life automobiles and other products, and a large fraction of this is shipped overseas to be hand sorted into aluminum, copper, brass, zinc and stainless steel, and manufactured into parts. Sortera's highly automated sorting facilities perform highly accurate sortation of metal alloys at much lower cost making these valuable feedstocks for domestic manufacturing. SORTERA'S INNOVATIONS AND PRODUCTS OFFER COST, QUALITY AND PERFORMANCE ADVANTAGES TO DOMESTIC INDUSTRY WHILE ENSURING A SAFER & BETTER ENVIRONMENT FOR THE FUTURE. ADVANTAGES OF SORTERA TECHNOLOGY: 1. Fully automated Intelligent sorters for manufacturing lower cost, higher quality metal alloys for domestic industry 2. Decrease reliance on foreign imported metals 3. 20 times higher energy efficiency for aluminum parts manufacturing 4. Increase local manufacturing of innovative metal parts 5. Local supply chains reducing procurement time & inventory 6. Reduce green-house gas emissions 7. Reduce/eliminate need for landfills

keywords:N/A

N/A

Total Funding

45

Number of Employees

$7.6M

Revenue (est)

50%

Employee Growth %

N/A

Valuation

N/A

Accelerator

SORTERA ALLOYS News

2022-04-17 - Dallas Invents: 129 Patents Granted for Week of March 22 ...

Sortera Alloys's multiple stage sorting ... Assignee(s): Sortera Alloys, Inc. (Fort Worth, TX) Law Firm: No Counsel

2022-03-30 - Sortera Set to Scale High Tech Recycling

- Fort Wayne-based Sortera Alloys, a high-tech metal recycling company, says it is ready to advance from a pilot stage to commercial operations...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$9.7M45-10%N/A
#2
$11.6M4510%N/A
#3
$3.5M450%N/A
#4
$7.9M455%N/A
#5
$10.7M467%N/A

SORTERA ALLOYS Executives


NameTitle
Michael SiemerCEO and President
Francis GallagherVice President of Accounting and Administration
Ben PopeVice President of Commercialization
Michael SiemerCEO and President
Manuel GarciaCo-Founder & VP, Artificial Intelligence & Data Science
Kelly KordzikVP & General Counsel