About CleanBay
CleanBay is a company based in Princess Anne (United States) founded in 2013 by Thomas Spangler.. CleanBay has raised $2.1 million across 5 funding rounds from investors including AV Group. CleanBay operates in a competitive market with competitors including Atlas Organics, Nilus, Coast of Maine, Green Spot Tech and Denali Water, among others.
- Headquarter Princess Anne, United States
- Founders Thomas Spangler
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Sectors
Environment
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.1 M (USD)
in 5 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Funding Insights of CleanBay
CleanBay has successfully raised a total of $2.1M across 5 strategic funding rounds. 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 Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(01 Oct 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series A - CleanBay | Valuation |
investors |
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| Nov, 2017 | Amount | Series A - CleanBay | Valuation |
investors |
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| Jun, 2017 | Amount | Debt – Conventional - CleanBay | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CleanBay
CleanBay has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include AV Group. 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.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CleanBay
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CleanBay
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cleanbay Comparisons
Competitors of CleanBay
CleanBay 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 Atlas Organics, Nilus, Coast of Maine, Green Spot Tech and Denali Water, 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 |
Recycles organic waste into compost, soils, and mulch for farming and landscaping purposes.
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| domain | founded_year | HQ Location |
AI-based solutions for managing food waste are provided.
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| domain | founded_year | HQ Location |
Provider of waste coastal and sea resources composition services
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| domain | founded_year | HQ Location |
Food side streams are upcycled via fermentation into functional ingredients.
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| domain | founded_year | HQ Location |
Bio-solid waste management solutions are provided for environmental needs.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cleanbay
Frequently Asked Questions about CleanBay
When was CleanBay founded?
CleanBay was founded in 2013.
Where is CleanBay located?
CleanBay is headquartered in Princess Anne, United States. It is registered at Princess Anne, Maryland, United States.
Is CleanBay a funded company?
CleanBay is a funded company, having raised a total of $2.1M across 5 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $1.25M, raised on Oct 01, 2013.
What does CleanBay do?
CleanBay was founded in 2013 and is based in Princess Anne, United States. Operations focus on the environmental services sector, where poultry waste treatment and recycling are handled. Services include processing waste from poultry operations to convert it into usable resources. The company is led by Thomas Spangler as founder and managing director, with activities centered in the United States.
Who are the top competitors of CleanBay?
CleanBay's top competitors include Denali Water, Daily Dump and Green Spot Tech.
Who are CleanBay's investors?
CleanBay has 1 investor. Key investors include AV Group.