How Much Did Data Shredding Services Raise?
Funding & Key Investors

Data Shredding Services has secured $359K in total capital, with its most recent financing round bringing in $209K. This major strategic investment marks a significant milestone for the company, positioning it for accelerated growth within the secure document destruction and recycling sector. The substantial backing underscores the company's strong market position and future potential, as it operates within a large-scale late-stage funding environment.

What is Data Shredding Services?

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

Data Shredding Services of Texas specializes in comprehensive secure document destruction and recycling solutions. Their offerings include mobile shredding, hard drive destruction, and office waste removal, serving both commercial and residential clients across Southeast Texas. As the largest independent shredding vendor in the region, the company upholds rigorous security standards mandated by the National Association of Information Destruction (NAID). They are recognized for their efficient, environmentally conscious operations and tailored service approach, further reinforced by community engagement through events like Shred Day. This commitment to security, sustainability, and client-focused solutions establishes them as a trusted provider in the data destruction industry.

How much funding has Data Shredding Services raised?

Data Shredding Services has raised a total of $359K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$209K

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

Debt (2021): $209K led by PPP

Key Investors in Data Shredding Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Data Shredding Services?

With the recent influx of capital from a major strategic investment, Data Shredding Services is well-positioned to expand its operational footprint and enhance its service capabilities. The large-scale late-stage funding suggests a strategic focus on scaling operations, potentially through acquisitions, technological advancements in shredding and data sanitization, or expanding into new geographic markets. The company may also invest in further developing its recycling infrastructure to bolster its environmental sustainability initiatives. This financial backing is expected to fuel innovation and solidify Data Shredding Services' competitive advantage in the secure data destruction market, enabling them to meet the increasing demand for compliant and secure disposal solutions.

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Frequently Asked Questions Regarding Data Shredding Services Financial Insights

What are the most recent funding rounds that Data Shredding Services has completed, and what were the funding rounds?
Data Shredding Services has recently completed 2 funding rounds: Debt on Feb 20, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Data Shredding Services has raised to date?
Data Shredding Services has raised a total of $359K in funding to date.
How many funding rounds has Data Shredding Services completed?
Data Shredding Services has completed 2 funding rounds.
How much funding did Data Shredding Services raise in its most recent funding round?
Data Shredding Services raised $209K in its most recent funding round.
Who are the lead investors in Data Shredding Services's latest funding round?
The lead investor in Data Shredding Services'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 Data Shredding Services's history?
The largest funding round in Data Shredding Services's history was $209K.
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