What is OEM Source?
Operating since 2004, OEM Source provides comprehensive IT asset disposition (ITAD) and e-waste recycling services tailored for high-stakes sectors such as healthcare, finance, and retail. The company bridges the gap between corporate hardware lifecycle management and environmental stewardship. By offering specialized services including secure data destruction, refurbishment, and insolvency asset recovery, OEM Source enables enterprises to mitigate security risks while maximizing the residual value of their electronic infrastructure. Their commitment to ethical recycling practices positions them as a vital partner for organizations aiming to meet stringent sustainability benchmarks and regulatory requirements in an increasingly digital economy.
How much funding has OEM Source raised?
OEM Source has raised a total of $329K across 2 funding rounds:
Debt
$150K
Debt
$179K
Debt (2020): $150K with participation from PPP
Debt (2021): $179K led by PPP
Key Investors in OEM Source
PPP
Public-Private Partnership
What's next for OEM Source?
With the recent infusion of capital, OEM Source is well-positioned to scale its infrastructure and enhance its technological capabilities in secure data sanitization. The company is expected to focus on expanding its footprint in the circular economy, potentially investing in advanced refurbishment facilities to support the growing demand for sustainable hardware redeployment. As businesses continue to prioritize ESG initiatives, OEM Source's ability to provide transparent, compliant, and value-driven asset recovery services will likely serve as a primary driver for long-term market leadership and sustained revenue growth.
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