Chuck Waste

About the offering

Chuck Waste, Inc. (operating under the brands Woodchuck.AI and Chuck) is an early-stage company founded in October 2023 and headquartered in Walker, Michigan. The company combines physical construction-material recovery operations with an AI-powered identification and tracking platform to divert wood, cardboard, plastic, metal, concrete, asphalt, and other construction and demolition debris from landfills. Its integrated model follows a four-step process: Capture (materials are identified and separated at the job site), Verify (material type, imagery, location, and movement are digitally recorded in an auditable chain of custody), Recover (materials are routed to their highest-value downstream destination), and Transform (recovered wood can be processed into biomass, biochar, energy, or new construction materials via pyrolysis). The company differentiates itself from traditional waste haulers and software-only reporting platforms by operating both the physical recovery process and the software layer that records it, creating proprietary material-flow data. It subcontracts local hauling to incumbent national waste haulers rather than replicating all hauling assets itself, keeping its focus on the operating system, data layer, and higher-value material pathways. Management states there is currently no other company operating at the same intersection of job-site material diversion and auditable digital chain-of-custody tracking, though it acknowledges competitors may develop similar capabilities. Notable projects include a major Michigan data-center development (approximately $7 million in total contracted multi-year scope across wood, cardboard, plastic, and other streams; $2.4 million recognized as FY2025 revenue) and the completed Ford BlueOval Battery Park engagement, where the company self-reports 9,000 tons diverted, 8,000 tons of wood recovered, $1.8 million in client savings, $1.2 million in project operating profit, a 38% reduction in client cost, and a 40% project operating margin. These figures appear in the company's own project sustainability report and have not been independently audited or verified. The company also reports job-site presence on projects for Google, Amazon, and Ford, working alongside national general contractors. Financially, the company is early-stage and not yet profitable. Reported revenue grew from $58,888 in FY2024 to $2.4 million in FY2025. Management projects $18 million in 2026, $52.8 million in 2027, and $84.6 million in 2028; these are internal management targets and have not been independently verified. The current Regulation Crowdfunding raise on Fundify Portal is offered at $1.55 per share of Series A-1 Preferred Stock on a $40 million pre-money valuation (company-determined, not independently verified). Investors in this offering hold membership interests in a crowdfunding vehicle (Fundify Woodchuck AI CFV I, LLC) rather than direct shares in Chuck Waste, Inc. Proceeds at the $1,050,000 maximum are allocated primarily to capital equipment and fleet (52.9%), site and operations buildout (29.4%), intermediary fees (8.5%), sales and business development (6.8%), and working capital (2.4%). The company's expansion strategy centers on building regional networks using mobile processing and pyrolysis equipment that can be redeployed across multiple projects rather than being permanently committed to a single site. As additional contracts are awarded, management expects a growing portion of expansion could be financed through project and equipment debt rather than repeated equity issuance. The team consists of 8 full-time employees, including Founder and CEO Todd Thomas (directing strategy, operations, and fundraising since the 2023 founding) and Co-Founder and Chief Product Officer Andre Nitze (leading AI platform product development). The board comprises Todd Thomas, Mason Fink, and Josh Weeks. Key risks include early-stage and pre-profitability status, unaudited chain-of-custody and environmental claims, capital intensity, uncertainty around regulatory mandates for construction waste tracking, investment-structure risk (indirect ownership via crowdfunding vehicle), key-person dependence, competitive risk, and potential dilution from future financing rounds.

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