Recleim
Atlanta, US · Founded 2011 · Delaware LLC
Recleim is an appliance recycling company that uses a closed-loop resource recovery process to recover commodity materials such as steel, aluminum, copper, plastic and foam from residential and commercial appliances, and captures refrigerants and ozone-depleting substances. It handles transportation of appliances from homes and retailers to processing plants and sells recovered byproducts to downstream recyclers and commodity buyers.
Reported raises · per SEC filings
Form D private placements$7.3M disclosed across 1 of 5 rounds · 2015–2019
▶$7.3MraisedJan 2019 · 1 investors · ManufacturingRule 506(b)
▶$7.3MraisedJan 2019 · 1 investors · Manufacturing
Rule 506(b)Officers, directors & promoters on the filing
- Dwayne Peterson DavisExecutive Officer
- John Stephen BushExecutive Officer
- Offering amount
- $7.3M
- Amount sold
- $7.3M
- Minimum investment
- $7.3M
- Finders' fees
- $420K
- Proceeds to insiders
- $2M
- Placement agents
- Bowstring Advisors, LLC (Bowstring Advisors, LLC, Childs Advisory Partners LLC)
- First sale
- Jan 2019
- Incorporated
- Limited Liability Company, Delaware
- Federal exemptions
- 06b
▶$5MofferedMar 2017 · Manufacturing
▶$5MofferedMar 2017 · Manufacturing
Officers, directors & promoters on the filing
- Dwayne Peterson DavisExecutive Officer
- John Stephen BushExecutive Officer
- John M HefnerExecutive Officer
- Offering amount
- $5M
- Minimum investment
- $500K
- Proceeds to insiders
- $1.6M
- Incorporated
- Limited Liability Company, Delaware
- Federal exemptions
- 05
▶$2MofferedMar 2016 · Manufacturing
▶$2MofferedMar 2016 · Manufacturing
Officers, directors & promoters on the filing
- Recleim Group LLCDirector
- Offering amount
- $2M
- Minimum investment
- $200K
- Incorporated
- Limited Liability Company, Delaware, 2011
- Federal exemptions
- 05
▶$2.9MofferedNov 2015 · Manufacturing
▶$2.9MofferedNov 2015 · Manufacturing
Officers, directors & promoters on the filing
- Recleim Group LLCDirector
- Offering amount
- $2.9M
- Minimum investment
- $100K
- Proceeds to insiders
- $1.6M
- Incorporated
- Limited Liability Company, Delaware, 2011
- Federal exemptions
- 05
▶$2.9MofferedMay 2015 · Manufacturing
▶$2.9MofferedMay 2015 · Manufacturing
Officers, directors & promoters on the filing
- LLC Recleim GroupDirector
- Offering amount
- $2.9M
- Minimum investment
- $100K
- Proceeds to insiders
- $1.6M
- Incorporated
- Limited Liability Company, Delaware, 2011
- Federal exemptions
- 05
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does Recleim do?
- Recleim is an appliance recycling company that uses a closed-loop resource recovery process to recover commodity materials such as steel, aluminum, copper, plastic and foam from residential and commercial appliances, and captures refrigerants and ozone-depleting substances. It handles transportation of appliances from homes and retailers to processing plants and sells recovered byproducts to downstream recyclers and commodity buyers.
- How much funding has Recleim raised?
- Recleim has disclosed $7.3M raised across 1 of its 5 known rounds.
- Where is Recleim headquartered?
- Recleim is headquartered in Atlanta, US.