How Much Did It-Re Raise?
Funding & Key Investors

It-Re, a prominent player in the IT asset disposition sector, has successfully secured a significant financial injection to bolster its operational capabilities. The company recently finalized a transaction totaling $85K, which contributes to a cumulative capital position of $176K. This infusion of capital, characterized as substantial expansion financing, underscores the market's confidence in the firm's ability to manage the complex lifecycle of enterprise hardware while maintaining rigorous security standards.

The strategic allocation of these funds is expected to accelerate the company's growth trajectory, enabling it to scale its infrastructure and enhance its service offerings for a diverse portfolio of institutional clients. By leveraging this latest round of investment, It-Re is well-positioned to solidify its footprint in the competitive landscape of sustainable technology management.

What is It-Re?

It-Re
Energy, Utilities & WasteWaste Treatment, Environmental Services & RecyclingBusiness Services

Based in Oklahoma, It-Re operates as a specialized provider of IT asset disposition (ITAD) and recycling services. The company addresses the critical intersection of data security and environmental responsibility, offering comprehensive solutions that include secure data erasure, asset disposal, and value recovery. By serving a broad spectrum of sectors—ranging from educational institutions and healthcare providers to government agencies and private enterprises—It-Re facilitates the responsible decommissioning of electronic equipment. Their business model is built upon the dual pillars of regulatory compliance and circular economy principles, ensuring that sensitive data is protected while maximizing the residual value of retired hardware assets.

How much funding has It-Re raised?

It-Re has raised a total of $176K across 2 funding rounds:

2024

Debt

$85K

Debt

$91K

Debt (2024): $85K with participation from Bancfirst

Debt (2024): $91K led by Bancfirst

Key Investors in It-Re

Bancfirst

A prominent Oklahoma-based financial institution providing comprehensive banking services and strategic debt financing to support regional business growth and infrastructure development.

What's next for It-Re?

With this late-stage capital, It-Re is poised to transition into a phase of aggressive market expansion and technological refinement. The company's roadmap likely involves upgrading its secure processing facilities to handle higher volumes of enterprise-grade equipment and investing in advanced data destruction technologies to meet evolving global security standards. Furthermore, the firm is expected to deepen its commitment to environmentally responsible recycling, potentially expanding its reach into new geographic markets. As organizations increasingly prioritize sustainability and data privacy, It-Re's role as a trusted partner in the IT lifecycle management ecosystem will be pivotal in driving long-term value for its stakeholders and clients alike.

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Frequently Asked Questions Regarding It-Re Financial Insights

What are the most recent funding rounds that It-Re has completed, and what were the funding rounds?
It-Re has recently completed 2 funding rounds: Debt on Dec 31, 2024, Debt on Dec 31, 2024.
What is the total amount of funding It-Re has raised to date?
It-Re has raised a total of $176K in funding to date.
How many funding rounds has It-Re completed?
It-Re has completed 2 funding rounds.
How much funding did It-Re raise in its most recent funding round?
It-Re raised $85K in its most recent funding round.
Who are the lead investors in It-Re's latest funding round?
The lead investor in It-Re's latest funding round was Bancfirst. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in It-Re's history?
The largest funding round in It-Re's history was $91K.
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