What is Device Cycles?
Headquartered in Milpitas, California, Device Cycles provides a seamless trade-in program that captures the existing value of mobile and technology devices. The company operates within the circular economy, offering a sustainable solution for device management and value recovery. Their service aims to simplify the process for consumers and businesses alike, facilitating the responsible disposal and repurposing of electronics.
How much funding has Device Cycles raised?
Device Cycles has raised a total of $51K across 1 funding round:
Debt
$51K
Debt (2021): $51K with participation from PPP
Key Investors in Device Cycles
PPP
Public-Private Partnership
What's next for Device Cycles?
With the recent influx of substantial expansion capital, Device Cycles is poised for significant growth and strategic scaling. The company's focus on capturing the residual value of technology devices positions it favorably in a market increasingly conscious of sustainability and resource management. Future initiatives are likely to involve expanding their trade-in network, enhancing their platform's capabilities, and potentially exploring new verticals for device recapture and refurbishment. This strategic investment will fuel their mission to create a more circular economy for electronics.
See full Device Cycles company page