What is TechR2?
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, state-of-the-art methods for data security, IT asset recovery, and R2 compliant recycling. TechR2's rigorous data security processes ensure data is completely destroyed before recycling, demonstrating a commitment to both environmental stewardship and brand protection for its clients.
How much funding has TechR2 raised?
TechR2 has raised a total of $721K across 2 funding rounds:
Debt
$350K
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 recent major strategic investment signals a new phase of growth and operational scaling for TechR2. This capital is likely to be deployed to enhance its global service capabilities, expand its secure data destruction infrastructure, and potentially explore new markets for IT asset recovery. The company's focus on R2 compliance and environmental responsibility positions it favorably to capitalize on increasing regulatory demands and corporate sustainability initiatives.
See full TechR2 company page