E-Cycle Funding: How Much Did They Raise & Key Investors

How Much Did e-Cycle Raise?
Funding & Key Investors

e-Cycle has secured $1.1M in total capital, with its most recent financing round bringing in $717K in a major strategic investment. This latest capital infusion underscores the company's established position in the enterprise-level funding landscape, signaling a phase of significant growth or strategic expansion.

What is e-Cycle?

e-Cycle

Energy, Utilities & Waste

Waste Treatment, Environmental Services & Recycling

Consumer Services

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 business model focuses on responsible electronic waste management, catering to organizations with substantial device turnover and stringent data security requirements.

How much funding has e-Cycle raised?

e-Cycle has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$717K

Debt (2020): $350K with participation from PPP

Debt (2021): $717K led by PPP

What's next for e-Cycle?

The recent major strategic investment into e-Cycle suggests a pivotal moment for the company, likely aimed at enhancing its operational capacity, expanding its service reach, or developing new technological solutions for device lifecycle management. This capital injection is expected to fortify its market leadership and enable further innovation in the secure recycling of mobile devices, particularly for enterprise and government clients.

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