Proshred Security Overview

  • Year Founded
  • 1986

Year Founded

  • Status
  • Acquired/​Merged

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $800K

Proshred Security General Information


Provider of shredding and recycling services catering to healthcare, financial, legal and education sectors. The company offers ongoing paper shredding, one-time paper shredding, hard drive destruction, product destruction services, drop-off shredding, document scanning services and breach reporting services, enabling its customers to destroy documents in a secure, convenient and cost-effective method.

Contact Information

Formerly Known As
Professional Shredding Corporation
Ownership Status
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Other Commercial Services
Parent Company
Corporate Office
  • 2233 Argentia Road
  • Suite 202
  • Mississauga, Ontario
  • Canada
+1 (866) 000-0000

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Proshred Security Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
2. Merger/Acquisition 31-Mar-2017 $800K 00.000 00000 Completed Generating Revenue
1. Later Stage VC 16-Sep-2002 00.000 00.000 Completed Generating Revenue
To view Proshred Security’s complete valuation and funding history, request access »

Proshred Security Comparisons

HQ Location
Total Raised
Post Valuation
Provider of shredding and recycling services catering to healthcare, financial, legal and education sectors. The company
Other Commercial Services
Mississauga, Canada
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000000&0 00.000


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00000 0000000000 000
Scarborough, ME


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00000 000 0000000000
Dayton, OH
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Proshred Security Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Without A Trace (Business/Productivity Company) Corporation Scarborough, ME
Gator Shredding Corporation Dayton, OH
You’re viewing 2 of 2 competitors. Get the full list »

Proshred Security Executive Team (10)

Name Title Board Seat Contact Info
Harjit Brar Chief Financial Officer & Senior Vice President
Jim Klemes General Manager
You’re viewing 2 of 10 executive team members. Get the full list »

Proshred Security Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Covington Capital Corporation Venture Capital Minority 000 0000 000000 0
Roynat PE/Buyout Minority 000 0000 000000 0
To view Proshred Security’s complete investors history, request access »

Proshred Security Acquisitions (5)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
JHS Services (Document Shredding Services Portion) 01-Mar-2021 0000000000 Other Commercial Services 000 00000
Safe Shredding 01-Oct-2018 0000000000 00.000 Office Services (B2B) 0000000 0
On Guard Shredding 11-Jun-2018 0000000000 00000 Other Commercial Services 0000000 0
Shred Con 04-Apr-2018 0000000000 00000 Other Commercial Services 0000000 0
RecordSHRED 04-Jan-2016 Merger/Acquisition Office Services (B2B) 0000000 0
To view Proshred Security’s complete acquisitions history, request access »

Proshred Security FAQs

  • When was Proshred Security founded?

    Proshred Security was founded in 1986.

  • Who is the founder of Proshred Security?

    Scott Smith, Sean O'Dea, and Frank O'Dea are the founders of Proshred Security.

  • Where is Proshred Security headquartered?

    Proshred Security is headquartered in Mississauga, Canada.

  • What industry is Proshred Security in?

    Proshred Security’s primary industry is Other Commercial Services.

  • Is Proshred Security a private or public company?

    Proshred Security is a Private company.

  • What is the current valuation of Proshred Security?

    The current valuation of Proshred Security is 00000.

  • What is Proshred Security’s current revenue?

    The current revenue for Proshred Security is 000000.

  • How much funding has Proshred Security raised over time?

    Proshred Security has raised $5.75M.

  • Who are Proshred Security’s investors?

    Covington Capital Corporation and Roynat have invested in Proshred Security.

  • Who are Proshred Security’s competitors?

    Without A Trace (Business/Productivity Company) and Gator Shredding are competitors of Proshred Security.

  • When was Proshred Security acquired?

    Proshred Security was acquired on 31-Mar-2017.

  • Who acquired Proshred Security?

    Proshred Security was acquired by Redishred Capital.

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