WasteZero Inc., a waste-reduction company, has raised another $800,000 in equity, according to a filing Wednesday with the Securities and Exchange Commission.

Earlier this month, the Raleigh-based company raised $1.2 million.

WasteZero has reached its prior goal of raising $2 million and still has to raise $1 million in order to reach the company’s new goal of $3 million.

The company raised the money from 20 investors, according to the filing.

WasteZero had raised $1.5 million in June, $3.3 million in 2016 for working capital and another $7 million in 2015, according to SEC filings.

Founded in 1991, WasteZero partners with more than 800 municipalities, state agencies and private organizations to help them reduce waste and increase recycling rates.

It designs, implements and runs pay-as-you-throw programs, which it calls WasteZero Trash Metering programs. Instead of paying a flat fee for waste disposal, consumers are charged based on the amount of trash they throw away.

The pay-as-you-throw program, called WasteZero Trash Metering, has resulted in cutting its consumers solid waste by 44 percent annually.

Mark Dancy is the president of WasteZero. Prior to becoming president, he was WasteZero’s vice president of sales and marketing as well as the manager of manufacturing. In May 2012, the South Carolina Department of Commerce recognized Dancy as a South Carolina Ambassador for Economic Development.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically after they first sell their securities.