What is ecoATM?
Founded in 2008 and headquartered in San Diego, California, ecoATM operates as a prominent e-waste recycling company. It provides consumers with an accessible and rewarding method for disposing of old electronics, offering instant rewards through its innovative kiosks. The company's 'green for good' initiative highlights its commitment to environmental sustainability by facilitating the responsible recycling of electronic waste, thereby mitigating environmental impact and promoting a circular economy.
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
Cowen Sustainable Advisors
Cowen Sustainable Advisors is an entity likely focused on providing financial advisory services with a specialization in sustainable investment strategies and environmental, social, and governance (ESG) initiatives.
United Midwest Savings Bank
United Midwest Savings Bank is a financial institution that provides banking services, potentially including debt financing and other credit facilities to businesses.
What's next for ecoATM?
The substantial enterprise-level funding, coupled with the recent strategic investment, positions ecoATM for accelerated expansion and technological advancement. This capital injection is expected to fuel further development of its recycling infrastructure, enhance its kiosk network, and potentially explore new markets or service offerings. The company's focus on sustainable e-waste management aligns with growing global environmental consciousness, suggesting a strong future outlook for scaling its operations and impact.
See full ecoATM company page
