What is e-Cycle?
Founded in 2005 and headquartered in Hilliard, Ohio, e-Cycle operates as a premier mobile device recycling company. The firm specializes in providing secure recycling solutions for smartphones and tablets, partnering with leading corporations and large government agencies. Its core business model focuses on responsible electronic waste management, addressing a critical need for secure data destruction and environmentally sound disposal of electronic assets.
How much funding has e-Cycle raised?
e-Cycle has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$717K
Debt (2020): $350K with participation from PPP
Debt (2021): $717K led by PPP
Key Investors in e-Cycle
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for e-Cycle?
The recent major strategic investment signals a pivotal moment for e-Cycle, likely enabling the company to expand its operational capacity, enhance its technological infrastructure for data security, and broaden its client acquisition efforts. This capital infusion is expected to fortify its position as a leader in secure mobile device recycling, potentially leading to new service offerings or deeper penetration into enterprise and government sectors. The company's focus on sustainability and data privacy positions it well for continued expansion in a market increasingly aware of environmental impact and data security.
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