How Much Did Data Shredding Services Raise?
Funding & Key Investors

Data Shredding Services has secured $359K in total capital, with its most recent financing round bringing in $209K. This major strategic investment marks a significant milestone for the company, which operates in the secure document destruction and recycling sector. The substantial backing suggests a strong market position and investor confidence in the company's growth trajectory.

What is Data Shredding Services?

Data Shredding Services
Energy, Utilities & WasteWaste Treatment, Environmental Services & RecyclingBusiness Services

Data Shredding Services of Texas is a prominent provider of secure document destruction and recycling solutions, offering services such as mobile shredding, hard drive destruction, and office waste removal. As the largest independent shredding vendor in Southeast Texas, the company serves both commercial and residential clients, emphasizing efficiency, environmental responsibility, and stringent security protocols in line with NAID standards. Their commitment to tailored services and community engagement, including hosting Shred Day events, has solidified their reputation as a trusted resource for data security and destruction needs.

How much funding has Data Shredding Services raised?

Data Shredding Services has raised a total of $359K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$209K

Debt (2020): $150K with participation from PPP

Debt (2021): $209K led by PPP

Key Investors in Data Shredding Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Data Shredding Services?

With the recent influx of capital from a major strategic investment, Data Shredding Services is poised for accelerated expansion and enhanced service offerings. This large-scale late-stage funding will likely be directed towards scaling operations, potentially expanding geographic reach, and investing in advanced destruction technologies to maintain its competitive edge. The company's focus on security and environmental sustainability, coupled with its established market presence, positions it for continued success and leadership in the secure shredding industry.

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Frequently Asked Questions Regarding Data Shredding Services Financial Insights

What are the most recent funding rounds that Data Shredding Services has completed, and what were the funding rounds?
Data Shredding Services has recently completed 2 funding rounds: Debt on Feb 20, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Data Shredding Services has raised to date?
Data Shredding Services has raised a total of $359K in funding to date.
How many funding rounds has Data Shredding Services completed?
Data Shredding Services has completed 2 funding rounds.
How much funding did Data Shredding Services raise in its most recent funding round?
Data Shredding Services raised $209K in its most recent funding round.
Who are the lead investors in Data Shredding Services's latest funding round?
The lead investor in Data Shredding Services's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Data Shredding Services's history?
The largest funding round in Data Shredding Services's history was $209K.
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