About ERI
ERI is a company based in Fresno (United States) founded in 2003. It operates as a Managed Services, and Circular Economy. The company has 452 employees as of December 31, 2021. ERI offers products and services including Electronics & IT Asset Disposition, Data Destruction, Electronics Recycling, and PV/Solar Management. ERI operates in a competitive market with competitors including CloudBlue Technologies, 3 Step IT, Vyta, Wisetek and Momentum Technologies, among others.
- Headquarter Fresno, United States
- Employees 452 as on 31 Dec, 2021
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Sectors
TechnologyEnvironment
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Eri
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Comerica
& 1 more
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Employee Count
452
as on Dec 31, 2021
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Products & Services of ERI
ERI offers a comprehensive portfolio of products and services, including Electronics & IT Asset Disposition, Data Destruction, Electronics Recycling, and PV/Solar Management. 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.
Electronic assets are securely reused or responsibly recycled.
Data is guaranteed destroyed on any bearing device.
Materials are recovered from old electronic devices efficiently.
Photovoltaic panels and equipment are safely recycled here.
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Funding Insights of ERI
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(20 Jan 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Debt – Conventional - ERI | Valuation |
investors |
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| Jan, 2015 | Amount | Grant - ERI | Valuation |
investors |
| 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 ERI
ERI has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Comerica and European Union. 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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Commercial banking services are provided to businesses and individuals.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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 ERI
| 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 - ERI
| 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 |
Eri Comparisons
Competitors of ERI
ERI 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 CloudBlue Technologies, 3 Step IT, Vyta, Wisetek and Momentum Technologies, 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 |
Enterprise IT asset disposition, Onsite Data erase & Destruction and e- waste recycling
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| domain | founded_year | HQ Location |
Provider of IT asset management and IT hardware distribution services
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| domain | founded_year | HQ Location |
IT assets are managed and data is destroyed securely.
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| domain | founded_year | HQ Location |
E-waste recycling and remanufacturing services are provided worldwide.
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| domain | founded_year | HQ Location |
Rare earth elements from e-waste are recovered through technology solutions.
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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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Frequently Asked Questions about ERI
When was ERI founded?
ERI was founded in 2003 and raised its 1st funding round 12 years after it was founded.
Where is ERI located?
ERI is headquartered in Fresno, United States. It is registered at Fresno, California, United States.
How many employees does ERI have?
As of Dec 31, 2021, the latest employee count at ERI is 452.
What does ERI do?
ERI is established as the largest fully integrated electronics and IT asset disposition provider in the United States, focusing on cybersecurity-focused hardware destruction. Services are offered across various industries including retail, healthcare, and government sectors, ensuring compliance with data security, privacy, and environmental regulations. Solutions provided include secure recycling, data destruction, and asset recovery to maximize value while minimizing environmental impact. An international network in 46 countries is maintained to support global clients with certified facilities.
Who are the top competitors of ERI?
ERI's top competitors include Wisetek, Eco Recycling and Regenx.
What products or services does ERI offer?
ERI offers Electronics & IT Asset Disposition, Data Destruction, Electronics Recycling, and PV/Solar Management.
Who are ERI's investors?
ERI has 2 investors. Key investors include Comerica, and European Union.
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