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EcoATM
An e-waste recycling company that evaluates and purchases used electronics from consumers for cash or store credit
About EcoATM
ecoATM operates a network of over 5,000 automated kiosks located in grocery stores, shopping malls, and other retail locations across the United States. The company specializes in the collection, evaluation, and recycling or reselling of used electronic devices, such as smartphones and tablets. ecoATM serves environmentally conscious consumers looking to dispose of their old devices responsibly while receiving instant cash rewards based on the device's make, model, capacity, carrier, and condition. The business operates in the electronic waste management and recycling market, focusing on reducing the amount of toxic e-waste entering the environment. ecoATM's business model involves placing kiosks in high-traffic retail locations, where users can easily deposit their devices. The company makes money by reselling refurbished devices and recycling materials from non-functional devices. ecoATM also engages in crime prevention by ensuring that all devices are evaluated and tracked to prevent the resale of stolen goods. The company has collected over 45 million devices since its inception, contributing significantly to environmental sustainability.
Source: Dealroom company dataAt a glance
- Founded
- 2008
- Headquarters
- San Diego, United States
- Sector
- Energy
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Claremont Creek Ventures (CCV)
Standard Treasury
Series B and later2 investors entered at this stage
Falcon Investment Advisors
Cowen Group
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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