Edit ModuleShow Tags

Tech startup: PrintReleaf


Published:

INITIAL LIGHTBULB: After 11 years with Louisville-based LaserCycle, Jordan Darragh pivoted to clean-tech before debuting his innovative printing business. At energy intelligence provider EnerNOC, Darragh became familiar with carbon offsets and sought to apply the principles to corporate printing with PrintReleaf, planting a new tree for each one that was logged for paper.

“There’s been 5 billion acres deforested over the last century – 100 billion trees,” said Darragh. “There’s obviously a need … as we evaluate the global forestry system.”

In a Nutshell: After three years of R&D, Darragh officially got started this March.

“We had to figure out how we were going to reforest on a cost-per-page basis,” said Darragh. Working with SGS International, PrintReleaf developed “an entire standard on what it means to be a PrintReleaf reforesting partner,” and then developed the software, he explained.

PRX, PrintReleaf’s proprietary platform “is the first of its kind,” tracking companies’ paper use and translating that into tree planting, said Darragh,

The wholesale cost per page is about $0.0107, just above the industry standard of $0.01 – a price tag customers seem more than willing to bear.

“That’s an idea we support,” says Daniel Halter, IT manager at Boulder’s St Julien Hotel & Spa. Halter says the hotel prints about 25,000 sheets a month, the equivalent of three trees from PrintReleaf partners.

PrintReleaf’s planting partners work primarily in Asia and South America, “where the planet needs it most,” Darragh said.

The Market:

PrintReleaf markets its services through a network of reseller partners that target a global market of 10,000 print-services dealers. The company attracted 20 customers in the first month after the launch, including its first Fortune 500 account, Western Union.

Financing:

PrintReleaf is not actively pursuing outside capital. The company is angel-funded and Darragh expects financing will cover costs until it is cash-flow positive, at which point a decision will be made about pursuing growth capital.

where Denver    |    FOUNDED 2011    |   web printreleaf.com

Edit Module
Eric Peterson

Denver-based writer Eric Peterson is the author of Frommer's Colorado, Frommer's Montana & Wyoming, Frommer's Yellowstone & Grand Teton National Parks and the Ramble series of guidebooks, featuring first-person travelogues covering everything from atomic landmarks in New Mexico to celebrity gone wrong in Hollywood. Peterson has also recently written about backpacking in Yosemite, cross-country skiing in Yellowstone and downhill skiing in Colorado for such publications as Denver's Westword and The New York Daily News. He can be reached at Eptcb126@msn.com

Get more content like this: Subscribe to the magazine | Sign up for our Free e-newsletter

Edit ModuleShow Tags

Archive »Related Articles

Most Powerful Salespeople 2019: Cisco Systems' Jennifer Chang

She now leads the Federal Civilian Scientific team at Cisco Systems, which is responsible for $250 million in business. The team is made up of 10 sales professionals, nine systems engineers and 20 integrated team members across Cisco.

5 Reasons to Invest Your Opportunity Zone Funds in Grand Junction

Mesa County has seven Opportunity Zones. Six of those zones are in the City of Grand Junction and one zone covers the top of the Grand Mesa, which includes Powderhorn Mountain Resort.

How Essentialism Applies to Your Business

Time is precious and finite. Your time as a business owner is precious. Your focus as a business owner is finite. Your time and how you use it make the difference for your business.
Edit ModuleShow Tags
Edit ModuleEdit ModuleShow Tags
Edit ModuleShow Tags Edit ModuleShow Tags
Edit ModuleShow Tags Edit ModuleShow Tags
Edit ModuleShow Tags Edit ModuleShow Tags