[qi:_earth2tech] Most people hate junk mail — how many are willing to pay to stop it? Palo Alto-based startup GreenDimes is betting a lot will, and according to PEHub has raised a whopping $20.5 million in a first round of funding, led by Tudor Investment Corporation. Now that’s a lot of dimes, enough to fill up a big landfill. More information is here.
8 thoughts on “Greendimes gets $20.5M to stop junk mail”
I’m not sure how you could create any script that would catch 75-90% of spam without also catching actual desired e-mail. But if it worked, $3 a month wouldn’t be that hefty a price tag, especially for the unfortunate sould that have to sift through thousands of pieces of it a day.
@mikeelliott1… the post does not mention spam anywhere… what they’re talking about is junk SNAIL mail.
They also plan trees on your behalf while you are a customer so not only do you save trees by reducing snail mail – you also create new ones. It’s a great example of eco-friendly business.
thanks sean and el fiscal to point those important points out. but $20.5 million. yikes.
I signed up for http://41pounds.org/ a few months ago and have noticed a sizable drop off in the number of catalogs filling the mail box.
I feel like I should point out that $20 million in dimes would only fill up about 20 cubic metres, which is barely enough to fill a large room.
I don’t know why I feel compelled to say that.
Thanks for the info about stopping junk mail. 41pounds is another great service that does the leg-work to stop junk mail – and it costs just $8.20 a year (2 cents a day). 41pounds also donates more than 1/3 of the fee to its nonprofit partners such as StopGlobalWarming.org, American Forests and Habitat for Humanity (East Bay).
Is that Debbie from 41 pounds? You might also try our service stopthejunkmail.com, we have been stopping consumer junk mail since 2001 and planting trees with American Forests for every new member. Check out our blog for advice on stopping junk mail.
Margot at stopthejunkmail.com