About PROSHRED
PROSHRED is a company based in Charlotte (United States) founded in 1986 was acquired by Vital Records Control in February 2025. PROSHRED has raised $25 thousand across 1 funding round from investors including Vital Records Control. PROSHRED has completed 2 acquisitions, including Confidential Shredding and On Guard Shredding. PROSHRED offers products and services including Paper Shredding, Hard Drive Destruction, Product Destruction, and Document Scanning. PROSHRED operates in a competitive market with competitors including ERI, Wisetek, Momentum Technologies, Eco Recycling and Regenx, among others.
- Headquarter Charlotte, United States
- Stage Public
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Sectors
Environment
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Redishred Capital Corp
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$25 K (USD)
in 1 rounds
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Latest Funding Round
$25 K (USD), Unspecified
Jan 06, 2010
- Investors
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Employee Count
Not available
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Investments & Acquisitions
Confidential Shredding
& 1 more
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Acquired by
Vital Records Control
(Feb 10, 2025)
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Products & Services of PROSHRED
PROSHRED offers a comprehensive portfolio of products and services, including Paper Shredding, Hard Drive Destruction, Product Destruction, and Document Scanning.
Secure on-site shredding of paper to prevent identity theft and ensure compliance.
On-site destruction of hard drives to protect digital information from breaches.
Shredding of products for secure elimination of branded or sensitive items.
Conversion of paper documents to digital format for organized storage and access.
Funding Insights of PROSHRED
PROSHRED has successfully raised a total of $25K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $25 thousand completed in January 2010. 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.
Investors in PROSHRED
PROSHRED has secured backing from 1 investor. Prominent investors backing the company include Vital Records Control.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Cloud-based document digitization and records management platform
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Locked | Locked | Locked |
Investor details for PROSHRED
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- Investor locations
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Investments & Acquisitions by PROSHRED
PROSHRED has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Confidential Shredding and On Guard Shredding.
Investment portfolio details for PROSHRED
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of secure shredding services for businesses and individuals, offering document and hard drive destruction on both scheduled and one-time cleanouts.
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Locked | Locked | 2007 | Locked | |
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Secure on-site and off-site shredding services are provided for businesses.
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Locked | Locked | 2002 | Locked |
Complete acquisition details for PROSHRED
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Verified entity values are shown only after access is granted.
Financial Statements - PROSHRED
Detailed financials for PROSHRED
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Proshred Comparisons
Peer comparison for PROSHRED
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Competitors of PROSHRED
PROSHRED 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 ERI, Wisetek, Momentum Technologies, Eco Recycling and Regenx, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
E-waste recycling and asset disposition services are provided globally.
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| Locked | Locked | Locked |
E-waste recycling and remanufacturing services are provided worldwide.
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| Locked | Locked | Locked |
Rare earth elements from e-waste are recovered through technology solutions.
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| Locked | Locked | Locked |
E-waste recycling and reverse logistics services are provided.
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| Locked | Locked | Locked |
Precious metals are recovered from end-of-life materials via clean-tech solutions.
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Detailed competitors of PROSHRED
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Latest news on Proshred
Complete news archive for PROSHRED
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Frequently Asked Questions about PROSHRED
PROSHRED was founded in 1986 and raised its 1st funding round 24 years after it was founded.
PROSHRED is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Jeffrey I Hasham is the current CEO of PROSHRED.
PROSHRED is a funded company, having raised a total of $25K across 1 funding round to date.
PROSHRED was established in 1986 in Charlotte, United States, as a provider of document shredding and recycling services. Secure destruction of sensitive materials is handled through on-site, off-site, and mobile options for businesses and organizations. Operations span multiple locations across the United States, with a focus on compliance and environmental recycling standards in the waste management sector.
PROSHRED's top competitors include ERI, Wisetek and Eco Recycling.
PROSHRED offers Paper Shredding, Hard Drive Destruction, Product Destruction, and Document Scanning.
PROSHRED has made 2 acquisitions, including Confidential Shredding, and On Guard Shredding.
PROSHRED has 1 investor. Key investors include Vital Records Control.