How Much Did Adaptable Computer Raise?
Funding & Key Investors

Adaptable Computer has secured substantial capital, with total funding reaching $379K. The company recently announced a significant strategic investment of $229K, underscoring its established position in the market. This latest financing round, occurring on January 19, 2021, follows previous debt financing rounds, indicating a shift towards growth-oriented capital infusion as the company navigates its large-scale, late-stage development.

What is Adaptable Computer?

Adaptable Computer
RetailEcommerce PlatformsConsumer Services

Founded in 2004, Adaptable Computer has carved a niche as a premier provider of used and refurbished IT assets. The company's core philosophy centers on environmental responsibility, emphasizing the reuse of electronic equipment as the ultimate form of recycling to divert materials from landfills. Their operations are supported by a team of seasoned professionals with extensive experience in the IT Asset Disposition (ITAD) industry. Adaptable Computer demonstrates a strong commitment to social and environmental stewardship, prioritizing employee safety, client asset security, and sustainable practices for a cleaner planet.

How much funding has Adaptable Computer raised?

Adaptable Computer has raised a total of $379K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$229K

Debt (2020): $150K with participation from PPP

Debt (2021): $229K led by PPP

Key Investors in Adaptable Computer

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Adaptable Computer?

The substantial capital infusion, particularly the recent strategic investment, positions Adaptable Computer for significant expansion and operational enhancement. As a company in a large-scale, late-stage funding phase, this backing is likely to fuel initiatives such as scaling infrastructure, expanding service offerings, and potentially exploring new markets. The focus on reuse and refurbishment aligns with growing market demand for sustainable IT solutions, suggesting a strategic direction towards solidifying its leadership in the circular economy for electronics.

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Frequently Asked Questions Regarding Adaptable Computer Financial Insights

What are the most recent funding rounds that Adaptable Computer has completed, and what were the funding rounds?
Adaptable Computer has recently completed 2 funding rounds: Debt on Jan 19, 2021, Debt on Apr 4, 2020.
What is the total amount of funding Adaptable Computer has raised to date?
Adaptable Computer has raised a total of $379K in funding to date.
How many funding rounds has Adaptable Computer completed?
Adaptable Computer has completed 2 funding rounds.
How much funding did Adaptable Computer raise in its most recent funding round?
Adaptable Computer raised $229K in its most recent funding round.
Who are the lead investors in Adaptable Computer's latest funding round?
The lead investor in Adaptable Computer'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 Adaptable Computer's history?
The largest funding round in Adaptable Computer's history was $229K.
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