What is ecoATM?
Founded in 2008 and headquartered in San Diego, California, ecoATM operates at the intersection of consumer convenience and environmental stewardship. The company provides an automated kiosk-based solution that facilitates the instant recycling and trade-in of mobile devices. By incentivizing consumers with immediate financial rewards, ecoATM effectively diverts electronic waste from landfills, repurposing hardware for secondary markets. This business model addresses the dual challenge of consumer electronic obsolescence and the urgent need for sustainable resource recovery, positioning the firm as a leader in the green technology sector.
How much funding has ecoATM raised?
ecoATM has raised a total of $15.2M across 2 funding rounds:
Private Equity
$15M
Debt
$150K
Private Equity (2021): $15M with participation from Cowen Sustainable Advisors
Debt (2025): $150K led by United Midwest Savings Bank
Key Investors in ecoATM
United Midwest Savings Bank
A financial institution providing commercial banking services and debt financing solutions to support corporate growth initiatives.
Cowen Sustainable Advisors
An investment advisory group focused on identifying and scaling companies that demonstrate significant impact within the sustainable infrastructure and environmental technology sectors.
What's next for ecoATM?
With the recent injection of $150K, ecoATM is well-positioned to accelerate its enterprise-level expansion. The strategic focus will likely shift toward enhancing its proprietary kiosk technology and expanding its footprint in high-traffic retail environments. By leveraging this capital, the company aims to optimize its supply chain efficiency and deepen its integration with secondary market partners. As global regulatory pressure regarding e-waste management intensifies, ecoATM is poised to capitalize on the increasing corporate demand for verifiable sustainability metrics and circular supply chain solutions.
See full ecoATM company page
