How Much Did Evergreen IT Solutions Raise?
Funding & Key Investors

Evergreen IT Solutions has successfully secured a major strategic investment, marking a pivotal moment in the firm's operational trajectory. This latest capital injection, totaling $1.2M, underscores the growing market demand for secure and sustainable electronic waste management. With a cumulative financial backing of $1.2M, the San Jose-based enterprise is well-positioned to scale its infrastructure and expand its footprint in the global hardware decommissioning sector.

What is Evergreen IT Solutions?

Evergreen IT Solutions
Energy, Utilities & WasteWaste Treatment, Environmental Services & Recycling

Evergreen IT Solutions operates at the intersection of environmental stewardship and corporate data security. As a specialized provider of e-waste recycling, the company facilitates secure hardware decommissioning, IT equipment buyback programs, and certified data destruction. By serving a diverse clientele that spans data centers, healthcare facilities, and educational institutions, Evergreen IT Solutions addresses the critical need for responsible electronic waste management. Their business model is anchored in transparency, providing clients with detailed impact reports and certificates of recycling that validate sustainability metrics. This market position allows the firm to act as a vital partner for organizations aiming to meet stringent ESG requirements while mitigating the risks associated with legacy hardware disposal.

How much funding has Evergreen IT Solutions raised?

Evergreen IT Solutions has raised a total of $1.2M across 1 funding round:

2024

Debt

$1.2M

Debt (2024): $1.2M with participation from Bank of America

Key Investors in Evergreen IT Solutions

Bank of America

A global financial institution providing comprehensive banking and investment services, often supporting large-scale corporate growth initiatives through debt financing and strategic capital allocation.

What's next for Evergreen IT Solutions?

With the infusion of this major strategic investment, Evergreen IT Solutions is expected to accelerate its technological capabilities and operational capacity. The firm will likely prioritize the expansion of its facility network to accommodate the increasing volume of enterprise-grade electronic waste. Furthermore, the capital will support the enhancement of their proprietary data destruction protocols, ensuring they remain at the forefront of security standards. As the regulatory landscape for environmental compliance tightens, Evergreen IT Solutions is poised to leverage its current momentum to capture a larger share of the circular economy, transforming the traditional IT asset disposition model into a high-growth, sustainability-focused enterprise.

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Frequently Asked Questions Regarding Evergreen IT Solutions Financial Insights

What are the most recent funding rounds that Evergreen IT Solutions has completed, and what were the funding rounds?
Evergreen IT Solutions has recently completed 1 funding rounds: Debt on Jul 1, 2024.
What is the total amount of funding Evergreen IT Solutions has raised to date?
Evergreen IT Solutions has raised a total of $1.2M in funding to date.
How many funding rounds has Evergreen IT Solutions completed?
Evergreen IT Solutions has completed 1 funding rounds.
How much funding did Evergreen IT Solutions raise in its most recent funding round?
Evergreen IT Solutions raised $1.2M in its most recent funding round.
Who are the lead investors in Evergreen IT Solutions's latest funding round?
The lead investor in Evergreen IT Solutions's latest funding round was Bank of America. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Evergreen IT Solutions's history?
The largest funding round in Evergreen IT Solutions's history was $1.2M.
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