TerraCycle
Early Stage
Revolutionizing recycling
Overview
Raised: $14,486,600
Rolling Commitments ($USD)
Status
Funded
Reporting Date
10/31/2020
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$14,343
# of Investors
3,992
Momentum
Funded
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Year Founded
2017
Industry
Industrial Services
Tech Sector
Location
Trenton, New Jersey
TerraCycle, a revolutionary recycling company, is raising funds on StartEngine through Reg A+ crowdfunding. The company recycles what most consider non-recyclable and is developing complete solutions for its business model. TerraCycle combines strategy, science and technology, and logistics for its clients to change non-recyclable products to raw material for new products. TerraCycle was founded by Tom Szaky and has raised over $9 million in previous rounds of financing. The current funding campaign has no minimum target and a maximum raise of $21,418,400, and the proceeds will be used for hiring more staff, acquiring more companies, and expanding and improving the facilities. TerraCycle has been featured in over 10,000 articles and generated $20 million in revenue in 2018.
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