Buddy
A relationship-led marketplace for the scrap metal industry, connecting suppliers and buyers through verified profiles, in-app communication, and AI-driven trading insights. Built by operators who know the industry from the inside.
Buddy is a relationship-driven marketplace built by scrapies, for scrapies - drawing on over 30 years of hands-on experience in the metal recycling industry. By connecting traders with verified counterparties, providing in-app negotiation and freight services, and automating post-trade administration, Buddy simplifies every step of the metal recycling trading process.
Why we invested
The global scrap metal recycling industry moves hundreds of billions of dollars a year on WhatsApp and spreadsheets. Buddy is digitising that workflow without trying to replace it, meeting buyers and sellers where they already are. What sets it apart is the founder: Stu Kagan has 25 years in the industry, built NZ's fastest-growing scrap company, and has personal relationships with the biggest buyers on the planet. This is a market-defining platform being built by someone the industry already trusts.
- Headquarters
- Auckland, New Zealand
- GD1 lead
- John Kells
