eRecyclingCorps (eRC) is the world's leading provider of carrier-grade wireless device trade-in solutions. Founded in 2009 with original investments from OpenAir Equity Partners and SJF Ventures to provide a scalable model to repurpose and reuse perceptually obsolete devices, eRC partners with global wireless carriers and retailers to provide instant, in-store trade-in credit. eRC renews and refurbishes wireless devices in accordance with the R2/RIOS™ certification standards and is a founding member of the Device Renewal Forum (DRF). The devices are resold to consumers around the world, extending access to affordable, high-quality wireless technology in emerging markets. eRC completed more than seven million wireless device trade-ins worldwide in 2012 and more than 17 million since its founding in 2009. eRC operates in nine countries and partners with leading carriers including Sprint, Verizon and TELUS at nearly 16,000 retail locations worldwide.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 10/28/13 | $105,000,000 | Series C |
Silver Lake Kraftwerk | undisclosed |
