TerraCycle

Neutral
BETA

Revolutionizing recycling

Analytics

Raised to Date: $14,486,600

Aggregate Commitments $
Platform

StartEngine

Start Date

01/24/2018

Close Date

10/30/2020

Min. Goal

$10

Max. Goal

$25,000,000

Min. Investment

$700

Security Type

Equity - Preferred

Funding Type

RegA+

Pre-Money Valuation

$20,000,000

Weekly Commitments $
Status
Funded
Reporting Date

11/01/2020

Days Remaining
Funded
% of Min. Goal

144,866,000%

% of Max. Goal

58%

Likelihood of Max
Funded
Avg. Daily Raise

$14,343

# of Investors

3,992

Momentum
Funded
Location
Industry

Industrial Services

Tech Sector

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.

Balance Sheet

Cash and Cash Equivalents

$1,859,145

Investment Securities

$0

Total Investments

$0

Accounts and Notes Receivable

$3,842,396

Loans

$0

Property, Plant and Equipment (PP&E)

$1,279,764

Property and Equipment

$0

Total Assets

$14,254,589

Accounts Payable & Accrued Liabilities

$2,423,649

Policy Liabilities and Accruals

$0

Deposits

$0

Long Term Debt

$427,474

Total Liabilities

$6,975,050

Total Stockholders' Equity

$7,279,539

Total Liabilities and Equity

$14,254,589

Statement of Comprehensive Income Information

Total Revenues

$11,229,215

Total Interest Income

$0

Costs & Expenses Applicable to Rev

$4,882,702

Total Interest Expenses

$0

Depreciation and Amortization

$88,283

Net Income

$1,809,242

Earnings Per Share - Basic

$0

Earnings Per Share - Diluted

$0

Auditor: RSM US LLP
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