What is Advanced Technology Recycling?
Founded in 1992 and family-owned, Advanced Technology Recycling (ATR) specializes in Information Technology Asset Disposition (ITAD). The company operates with a debt-free, fiscally responsible business model, mitigating client risk associated with bankruptcies and private equity partnerships. ATR boasts eight R2, ISO:14001, and OHSAS:18001 certified facilities across the U.S., supported by technologically advanced infrastructure unmatched in the recycling and ITAD industry. Their comprehensive services include secure reverse logistics, destruction programs, transparent profit-sharing with quarterly P&L statements, and a wide array of customizable recycling and asset management solutions tailored to specific customer needs.
How much funding has Advanced Technology Recycling raised?
Advanced Technology Recycling has raised a total of $2.3M across 2 funding rounds:
Debt
$1M
Debt
$1.3M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.3M led by PPP
Key Investors in Advanced Technology Recycling
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Advanced Technology Recycling?
The recent major strategic investment signals a pivotal phase for Advanced Technology Recycling, likely indicating a move towards scaling operations and potentially expanding its market reach. This capital injection, following previous debt financing rounds, suggests a strategic focus on strengthening its infrastructure and service capabilities. ATR's commitment to certifications like R2, ISO:14001, and OHSAS:18001, combined with its debt-free model, positions it favorably for sustainable growth and continued leadership in the secure IT asset disposition and recycling market. Future developments may include enhanced technological integration and broader service deployment.
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