How Much Did USAgain Raise?
Funding & Key Investors

USAgain has successfully secured a major strategic investment, bringing its total capital accumulation to $2.5M. This latest infusion of $1.5M underscores the company's pivotal role in the textile recycling sector and its capacity to scale operations within the circular economy. By leveraging this financial backing, the organization is positioned to accelerate its mission of diverting textile waste from landfills while enhancing its logistical infrastructure across California and beyond.

What is USAgain?

USAgain
Energy, Utilities & WasteWaste Treatment, Environmental Services & Recycling

USAgain operates at the intersection of environmental stewardship and industrial-scale textile management. The company specializes in the collection and redistribution of used clothing and footwear, effectively mitigating the carbon footprint associated with textile production. By partnering with municipalities and educational institutions, USAgain has established a robust collection network that has already facilitated the planting of over 1.8 million trees and provided essential clothing to more than 20 million individuals. Their business model serves as a critical component in the broader sustainability ecosystem, transforming discarded materials into valuable resources for global communities.

How much funding has USAgain raised?

USAgain has raised a total of $2.5M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.5M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.5M led by PPP

Key Investors in USAgain

PPP

Public-Private Partnership

What's next for USAgain?

With this major enterprise-level funding, USAgain is expected to prioritize the expansion of its collection infrastructure and the optimization of its supply chain efficiency. The strategic deployment of this capital will likely focus on increasing the volume of textile diversion, thereby amplifying the company's positive environmental impact. As the firm transitions into its next phase of growth, stakeholders will be monitoring its ability to integrate advanced sorting technologies and expand its municipal partnerships to meet the rising demand for sustainable waste management solutions. The focus remains on scaling operations to meet ambitious carbon reduction targets while maintaining operational excellence in a competitive sustainability market.

See full USAgain company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Energy, Utilities & Waste industry

Energy, Utilities & WasteWaste Treatment, Environmental Services & Recycling
Energy, Utilities & WasteOil & Gas Exploration & Services
Energy, Utilities & WasteWaste Treatment, Environmental Services & Recycling
Energy, Utilities & WasteOil & Gas Exploration & ServicesTransportationTrucking, Moving & StorageConsumer ServicesRepair Services

Frequently Asked Questions Regarding USAgain Financial Insights

What are the most recent funding rounds that USAgain has completed, and what were the funding rounds?
USAgain has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 6, 2020.
What is the total amount of funding USAgain has raised to date?
USAgain has raised a total of $2.5M in funding to date.
How many funding rounds has USAgain completed?
USAgain has completed 2 funding rounds.
How much funding did USAgain raise in its most recent funding round?
USAgain raised $1.5M in its most recent funding round.
Who are the lead investors in USAgain's latest funding round?
The lead investor in USAgain'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 USAgain's history?
The largest funding round in USAgain's history was $1.5M.
See more information about USAgain