What is Recycle Force?
Founded in 2006 and based in Indianapolis, Recycle Force operates as a 501(c)3 organization with a dual mission: to responsibly recycle over 65 million pounds of e-waste and to provide essential job opportunities and life skills training to individuals re-entering society. By offering secure IT equipment recycling services to both consumers and businesses, Recycle Force not only contributes to a cleaner environment but also actively works to reduce crime and recidivism rates. Its innovative approach merges environmental stewardship with a profound commitment to community rebuilding.
How much funding has Recycle Force raised?
Recycle Force has raised a total of $276K across 2 funding rounds:
Debt
$150K
Debt
$126K
Debt (2020): $150K with participation from PPP
Debt (2021): $126K led by PPP
What's next for Recycle Force?
The substantial late-stage funding and recent strategic investment signal Recycle Force's readiness for accelerated growth and enhanced operational capacity. This capital infusion is expected to bolster its recycling infrastructure, expand its workforce development programs, and potentially broaden its geographical reach. The company's focus on sustainable e-waste management and its proven track record in social impact position it for continued success and influence in both the environmental and social enterprise sectors.
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