BioHiTech

New York, United States Founded: 2007 • Age: 19 yrs
Waste materials are processed into energy by BioHiTech services.
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About BioHiTech

BioHiTech is a company based in New York (United States) founded in 2007.. BioHiTech has raised $3.4 million across 4 funding rounds from investors including Comerica, Entsorga West Virginia and Michaelson Capital Partners. BioHiTech has completed 2 acquisitions, including Apple Valley Waste and Gold Medal Environmental. BioHiTech offers products and services including Aerobic Food Digesters and Cloud-based Analytics. BioHiTech operates in a competitive market with competitors including Harp Renewables, Vuala and VOOSWATER, among others.

  • Headquarter New York, United States
  • Sectors
    Environment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Recoup Technologies, Inc.
Operational Areas
Environment → Environmental Management & Pollution Control
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.4 M (USD)

    in 4 rounds

  • Latest Funding Round
    $8 M (USD), Debt – Conventional

    Dec 04, 2018

  • Investors
    Comerica

    & 2 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of BioHiTech

BioHiTech offers a comprehensive portfolio of products and services, including Aerobic Food Digesters and Cloud-based Analytics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Breaks down food waste aerobically to reduce landfill needs.

Analyzes food waste data for management and emission reduction.

People of BioHiTech
Headcount 10-50
Employee Profiles 10
Board Members and Advisors 6
Employee Profiles
People
Robert A. Joyce
President
People
Brian C. Essman
Chief Financial Officer
People
Frank E. Celli
CEO & Chairman
People
Dennis Soriano
Director Of Business Development

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Board Members and Advisors
people
Douglas M. Vanoort
Director

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Funding Insights of BioHiTech

BioHiTech has successfully raised a total of $3.4M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $8 million completed in December 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 4
  • Last Round Debt – Conventional — $8.0M
  • First Round

    (11 Oct 2016)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2018 Amount Debt – Conventional - BioHiTech Valuation

investors

Feb, 2018 Amount Debt – Conventional - BioHiTech Valuation

investors

Feb, 2018 Amount Debt – Conventional - BioHiTech Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in BioHiTech

BioHiTech has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Comerica, Entsorga West Virginia and Michaelson Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Municipal solid waste is processed for communities in West Virginia.
Founded Year Domain Location
Commercial banking services are provided to businesses and individuals.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by BioHiTech

BioHiTech has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Apple Valley Waste and Gold Medal Environmental. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Waste management services are provided in the United States.
2006
Waste collection, recycling, and disposal services are offered.
1998
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - BioHiTech

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Biohitech Comparisons

Employees
+
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Competitors of BioHiTech

BioHiTech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Harp Renewables, Vuala and VOOSWATER, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Biodigesters are manufactured to convert organic waste into biofertilizer.
domain founded_year HQ Location
Online invoice processing solutions are offered to businesses.
domain founded_year HQ Location
Provides comprehensive solutions for food waste digestors and management systems.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about BioHiTech

When was BioHiTech founded?

BioHiTech was founded in 2007 and raised its 1st funding round 9 years after it was founded.

Where is BioHiTech located?

BioHiTech is headquartered in New York, United States. It is registered at New York, New York, United States.

Is BioHiTech a funded company?

BioHiTech is a funded company, having raised a total of $3.4M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $5M, raised on Oct 11, 2016.

What does BioHiTech do?

BioHiTech was established in 2007 in New York, United States. Waste materials are converted into energy through specialized processing techniques in the renewable energy sector. Operations involve collection, treatment, and conversion of organic waste to produce biogas and other energy forms. Services are extended to municipal and industrial clients across the United States, supporting waste management and sustainability efforts. The domain biohitech.com is used for company information.

Who are the top competitors of BioHiTech?

BioHiTech's top competitors include Harp Renewables, Vuala and VOOSWATER.

What products or services does BioHiTech offer?

BioHiTech offers Aerobic Food Digesters and Cloud-based Analytics.

How many acquisitions has BioHiTech made?

BioHiTech has made 2 acquisitions, including Apple Valley Waste, and Gold Medal Environmental.

Who are BioHiTech's investors?

BioHiTech has 3 investors. Key investors include Comerica, Entsorga West Virginia, and Michaelson Capital Partners.

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