Salvex

Salvex is a company dedicated to implementing sustainable procurement programs by efficiently redeploying underutilized assets, as reflected in their slogan, "Salvex implements sustainable procurement programs by identifying and efficiently redeploying underutilized assets." Founded in 2002, the company has developed an efficient and comprehensive asset recovery program for major corporations, providing online tools and a global database to maximize the recovery of unneeded assets. They facilitate a global reach, allowing equipment and commodities to be directed to areas of necessity, and have positioned commodity traders worldwide to assist in logistics and payment schedules to bridge cultural business gaps. Engaging in 16 major sectors of commerce, Salvex focuses on commercial products, offering innovative ways to match buyers and sellers through sophisticated database categorization. By facilitating easy access to global salvage opportunities, they elevate these products back into the world of commerce, demonstrating recycling at its optimum level. Having handled over 20,000 salvage deals globally, Salvex has developed significant relationships with adjusters, inspectors, and marine surveyors, utilizing these contacts and experts to offer back inspection work from major clients. Their experience, backed by an enterprise claims software, provides competitive advantages to clients. Overall, Salvex has positioned itself as a crucial player in the sustainable procurement space, demonstrating a track record of success and a strong global network, which could be of interest to venture capital firms looking for opportunities in the sustainability and procurement sectors.