About Confidential Shredding
Confidential Shredding is a company based in Woodcliff Lake (United States) founded in 2002 was acquired by PROSHRED in July 2024.. Confidential Shredding offers products and services including Paper Shredding, Hard Drive Destruction, Product Destruction, and Document Scanning. Confidential Shredding operates in a competitive market with competitors including UST, NTT DATA, Globant, Genpact and Persistent, among others.
- Headquarter Woodcliff Lake, United States
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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Products & Services of Confidential Shredding
Confidential Shredding offers a comprehensive portfolio of products and services, including Paper Shredding, Hard Drive Destruction, Product Destruction, and Document Scanning. 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.
Secure on-site shredding of confidential paper documents
Destruction of digital storage devices to prevent breaches
Secure elimination of outdated products and materials
Digitization of documents for secure storage and access
Funding Insights of Confidential Shredding
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Confidential Shredding
Confidential Shredding has secured backing from 1 investor. Prominent investors backing the company include PROSHRED. 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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Secure document shredding and recycling services are provided nationwide.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Confidential Shredding
| 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 - Confidential Shredding
| 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 |
Confidential Shredding Comparisons
Competitors of Confidential Shredding
Confidential Shredding 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 UST, NTT DATA, Globant, Genpact and Persistent, 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 |
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High-quality office furniture is provided by UST for various needs.
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Application development, cloud, cybersecurity, and business intelligence services are provided.
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IT and digital transformation services are delivered to various industries.
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Provider of end-to-end business process outsourcing services
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IT consulting, data analytics, and digital transformation services are provided.
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Analytics, cybersecurity, and digital transformation services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Confidential Shredding
Frequently Asked Questions about Confidential Shredding
When was Confidential Shredding founded?
Confidential Shredding was founded in 2002.
Where is Confidential Shredding located?
Confidential Shredding is headquartered in Woodcliff Lake, United States. It is registered at Woodcliff Lake, New Jersey, United States.
Who is the current CEO of Confidential Shredding?
Phillip Young is the current CEO of Confidential Shredding.
What does Confidential Shredding do?
Founded in 2002, Confidential Shredding operates in the secure document destruction sector from Woodcliff Lake, United States. On-site and off-site shredding solutions are offered to businesses for disposing of sensitive materials. High-security containers and cabinets are utilized to collect and process confidential documents, ensuring compliance with data protection standards across various industries.
Who are the top competitors of Confidential Shredding?
Confidential Shredding's top competitors include Booz Allen Hamilton, Genpact and Persistent.
What products or services does Confidential Shredding offer?
Confidential Shredding offers Paper Shredding, Hard Drive Destruction, Product Destruction, and Document Scanning.
Who are Confidential Shredding's investors?
Confidential Shredding has 1 investor. Key investors include PROSHRED.