How Much Did CR Electronics Raise?
Funding & Key Investors

CR Electronics has successfully secured a significant capital injection, marking a pivotal moment in its corporate evolution. With a total funding accumulation of $56K, the firm is well-positioned to leverage the $56K recently acquired to accelerate its operational footprint. This latest financing round underscores investor confidence in the company's long-standing expertise within the electronics lifecycle management and secure data destruction sectors.

What is CR Electronics?

CR Electronics
RetailEcommerce PlatformsBusiness Services

Established in 1991, CR Electronics operates as a specialized provider of computer and electronics recycling, alongside secure data destruction services. Based on the border of Massachusetts and New Hampshire, the company has cultivated over two decades of industry experience. Beyond its core recycling operations, the firm maintains a dedicated personal computer division, offering comprehensive networking and computing solutions to a diverse client base. By bridging the gap between sustainable hardware disposal and enterprise-grade IT support, CR Electronics occupies a unique niche in the New England technology services landscape.

How much funding has CR Electronics raised?

CR Electronics has raised a total of $56K across 1 funding round:

2021

Debt

$56K

Debt (2021): $56K with participation from PPP

Key Investors in CR Electronics

PPP

Public-Private Partnership

What's next for CR Electronics?

The infusion of substantial expansion capital signals a strategic pivot toward scaling infrastructure and enhancing service delivery capabilities. As the company transitions through its current growth phase, management is expected to prioritize the modernization of its recycling facilities and the expansion of its secure data destruction protocols to meet increasing regulatory demands. By capitalizing on its established market presence, CR Electronics is poised to capture additional market share in the circular economy and IT services sector, ensuring long-term sustainability and operational resilience.

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Frequently Asked Questions Regarding CR Electronics Financial Insights

What are the most recent funding rounds that CR Electronics has completed, and what were the funding rounds?
CR Electronics has recently completed 1 funding rounds: Debt on Feb 2, 2021.
What is the total amount of funding CR Electronics has raised to date?
CR Electronics has raised a total of $56K in funding to date.
How many funding rounds has CR Electronics completed?
CR Electronics has completed 1 funding rounds.
How much funding did CR Electronics raise in its most recent funding round?
CR Electronics raised $56K in its most recent funding round.
Who are the lead investors in CR Electronics's latest funding round?
The lead investor in CR Electronics'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 CR Electronics's history?
The largest funding round in CR Electronics's history was $56K.
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