Reklaim Overview
Founded
2003
Status
Acquired/Merged
Employees
11
Latest Deal Type
M&A
Reklaim General Information
Description
Developer of a next-generation technology designed to recycle crumb rubber from scrap tires to create carbon black and fuel oils. The company's technology utilizes rubber from waste tires, a feedstock that is in overabundance with significant environmental, health concerns and recover oil, carbon, steel and non-condensable gases to power onsite generators from the discarded tires, enabling companies to generate electricity for sale to the local grid.
Contact Information
Website
Formerly Known As
Reklaim Technologies
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Primary Industry
Energy Production
Other Industries
Environmental Services (B2B)
Other Energy Services
Acquirer
Primary Office
- 210 South Hudson Street
- Suite 310
- Seattle, WA 98134
- United States
+1 (206) 000-0000
Reklaim Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Merger/Acquisition | Completed | Out of Business | ||||
| 9. Out of Business | 20-Sep-2016 | 000.00 | Completed | Out of Business | ||
| 8. Later Stage VC | 09-May-2016 | 00000 | 000.00 | Completed | Generating Revenue | |
| 7. Later Stage VC | 10-Dec-2015 | 0000 | 000.00 | Completed | Generating Revenue | |
| 6. Debt - General | 29-Jul-2011 | 00.00 | 000.00 | Completed | Generating Revenue | |
| 5. Later Stage VC | 26-Aug-2010 | 000 | 000.00 | Completed | Generating Revenue | |
| 4. Early Stage VC (Series B) | 01-Oct-2008 | 00.00 | 000.00 | Completed | Startup | |
| 3. Early Stage VC (Series B) | 10-Jan-2008 | 00.00 | 000.00 | Completed | Startup | |
| 2. Early Stage VC (Series A) | 19-Sep-2006 | $8.7M | $8.7M | Completed | Startup | |
| 1. Accelerator/Incubator | Completed | Startup |
Reklaim Competitors (2)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Pyrolyx | Corporation | Munich, Germany | 00 | 00.000 | 000000000 | 00.000 |
| 0000000000 0000000 | Corporation | St.Laurent, Canada | 00 | 000000000000 |
Reklaim Executive Team (5)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Thomas Redd | President | ||
| Charles Sartain | Co-Founder & Chief Operating Officer | ||
| Rolland Dawson | Co-Founder & Owner | ||
| Steven Renegar | Vice President, Sales |
1 Former Executive
Reklaim Board Members (3)
| Name | Representing | Role | Since |
|---|---|---|---|
| J. Teplicky | Self | Board Member | 000 0000 |
| Maria Jelescu | Self | Board Member | 000 0000 |
1 Former Board Member
Reklaim Former Investors (3)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Denny Hill Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
| McKinstry Innovation Center | Accelerator/Incubator | 000 0000 | 000000 0 | ||
| The Goldman Sachs Group | Investment Bank | Minority | 000 0000 | 000000 0 |
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