How Much Did Absolute Shredding Raise?
Funding & Key Investors

Absolute Shredding, a provider of paper shredding and data destruction services, has secured $18K in recent financing, contributing to its overall capital base of $18K. This strategic investment underscores the company's position in the secure information disposal market.

What is Absolute Shredding?

Absolute Shredding
Energy, Utilities & WasteWaste Treatment, Environmental Services & RecyclingBusiness Services

Absolute Shredding specializes in comprehensive paper shredding and data destruction solutions, serving both residential and commercial clientele. The company offers a range of services including scheduled shredding, bulk destruction, and the secure disposal of sensitive media like hard drives. A strong emphasis is placed on environmental stewardship, with all shredded paper being recycled and strict adherence to information destruction regulations. This commitment to security and sustainability positions Absolute Shredding as a reliable partner for safeguarding sensitive data.

How much funding has Absolute Shredding raised?

Absolute Shredding has raised a total of $18K across 1 funding round:

2021

Debt

$18K

Debt (2021): $18K with participation from PPP

Key Investors in Absolute Shredding

PPP

Public-Private Partnership

What's next for Absolute Shredding?

Operating within the Series A/B growth stage, Absolute Shredding's recent capital infusion is indicative of a strategic push for expansion and enhanced service capabilities. The moderate growth capital suggests a focus on scaling operations, potentially through increased market penetration, technological upgrades in their destruction processes, or broadening their service portfolio. This financial backing is poised to accelerate their trajectory in the competitive data destruction industry, reinforcing their commitment to secure and environmentally responsible information management.

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Frequently Asked Questions Regarding Absolute Shredding Financial Insights

What are the most recent funding rounds that Absolute Shredding has completed, and what were the funding rounds?
Absolute Shredding has recently completed 1 funding rounds: Debt on Mar 2, 2021.
What is the total amount of funding Absolute Shredding has raised to date?
Absolute Shredding has raised a total of $18K in funding to date.
How many funding rounds has Absolute Shredding completed?
Absolute Shredding has completed 1 funding rounds.
How much funding did Absolute Shredding raise in its most recent funding round?
Absolute Shredding raised $18K in its most recent funding round.
Who are the lead investors in Absolute Shredding's latest funding round?
The lead investor in Absolute Shredding's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Absolute Shredding's history?
The largest funding round in Absolute Shredding's history was $18K.
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