How Much Did TechR2 Raise?
Funding & Key Investors

TechR2 has secured $721K in total funding, with its most recent capital infusion of $371K described as a major strategic investment. This significant backing underscores the company's established position in the technology asset retirement sector.

What is TechR2?

TechR2
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TechR2 is a recognized leader in technology asset retirement solutions, boasting over 17 years of industry experience. As a certified global solutions provider, the company specializes in secure onsite data destruction, offering cost-effective and state-of-the-art methods for data security, IT asset recovery, and R2 compliant recycling. TechR2 emphasizes a rigorous data security process to ensure complete data destruction before recycling, thereby protecting client brands and reputations while honoring environmental stewardship.

How much funding has TechR2 raised?

TechR2 has raised a total of $721K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$371K

Debt (2020): $350K with participation from PPP

Debt (2021): $371K led by PPP

Key Investors in TechR2

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for TechR2?

The substantial enterprise-level funding context suggests TechR2 is poised for significant scaling and further development of its secure data destruction and IT asset recovery services. This strategic investment will likely enable the company to expand its global reach, enhance its technological capabilities, and potentially pursue new market opportunities in the growing field of sustainable technology lifecycle management. The focus on R2 compliance and environmental responsibility positions TechR2 favorably in an increasingly regulated and eco-conscious market.

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Frequently Asked Questions Regarding TechR2 Financial Insights

What are the most recent funding rounds that TechR2 has completed, and what were the funding rounds?
TechR2 has recently completed 2 funding rounds: Debt on Feb 20, 2021, Debt on Apr 8, 2020.
What is the total amount of funding TechR2 has raised to date?
TechR2 has raised a total of $721K in funding to date.
How many funding rounds has TechR2 completed?
TechR2 has completed 2 funding rounds.
How much funding did TechR2 raise in its most recent funding round?
TechR2 raised $371K in its most recent funding round.
Who are the lead investors in TechR2's latest funding round?
The lead investor in TechR2's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in TechR2's history?
The largest funding round in TechR2's history was $371K.
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