About PureCycle
PureCycle is a company based in Orlando (United States) founded in 2015.. PureCycle has raised $99.3 million across 12 funding rounds from investors including SK Geo Centric, Sylebra Capital and Samlyn Capital. The company has 157 employees as of December 31, 2024. PureCycle offers products and services including Ultra-Pure Recycled Resin and PureZero Program. PureCycle operates in a competitive market with competitors including Agilyx, Charter Next Generation, MBA Polymers, Protein Evolution and Anellotech, among others.
- Headquarter Orlando, United States
- Employees 157 as on 31 Dec, 2024
- Stage Public
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Sectors
Environment
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Purecycle Technologies, Inc.
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Annual Revenue
$00as on Dec 31, 2024
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Net Profit
$-289.14 M-184.26as on Dec 31, 2024
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EBITDA
$-110.67 M-16.45as on Dec 31, 2024
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Total Equity Funding
$99.3 M (USD)
in 12 rounds
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Latest Funding Round
$33 M (USD), Post-IPO
Feb 05, 2025
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Investors
SK Geo Centric
& 3 more
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Employee Count
157
as on Dec 31, 2024
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IPO & Listings of PureCycle
PureCycle is a publicly listed company on the NASDAQ with ticker symbol PCT in USA, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of PureCycle
PureCycle offers a comprehensive portfolio of products and services, including Ultra-Pure Recycled Resin and PureZero Program. 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.
Purified resin from polypropylene waste for manufacturing and sustainable use.
Initiative to eliminate plastic waste in events and partnerships.
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Funding Insights of PureCycle
PureCycle has successfully raised a total of $99.3M across 12 strategic funding rounds. The most recent funding activity was a Post-IPO round of $33 million completed in February 2025. 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 12
- Last Round Post-IPO — $33.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2025 | Amount | Post-IPO - PureCycle | Valuation |
investors |
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| Sep, 2024 | Amount | Post-IPO - PureCycle | Valuation |
investors |
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| Mar, 2022 | Amount | Post-IPO - PureCycle | 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 PureCycle
PureCycle has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include SK Geo Centric, Sylebra Capital and Samlyn Capital. 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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Investing and operating in the circular economy through recycling, innovation, and financial strategies.
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Founded Year | Domain | Location | |
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Global investment firm managing TMT portfolios for institutions worldwide.
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Founded Year | Domain | Location | |
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Offers secure online access to investment materials for authorized users only.
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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 PureCycle
| 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 - PureCycle
| 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 |
Purecycle Comparisons
Competitors of PureCycle
PureCycle 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 Agilyx, Charter Next Generation, MBA Polymers, Protein Evolution and Anellotech, 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 |
Plastic waste is processed and recycled into reusable materials.
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| domain | founded_year | HQ Location |
Coextruded, barrier, and monolayer films are manufactured for packaging applications.
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| domain | founded_year | HQ Location |
Recycled plastic materials are processed and supplied by MBA Polymers.
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| domain | founded_year | HQ Location |
Plastic waste management services are provided by the company.
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| domain | founded_year | HQ Location |
Provider of technology to convert waste and non-food biomass to biochemicals
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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 Purecycle
Frequently Asked Questions about PureCycle
When was PureCycle founded?
PureCycle was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is PureCycle located?
PureCycle is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.
Who is the current CEO of PureCycle?
Mike Otworth is the current CEO of PureCycle.
Is PureCycle a funded company?
PureCycle is a funded company, having raised a total of $99.3M across 12 funding rounds to date. The company's 1st funding round was a Post-IPO of $250M, raised on Jun 11, 2018.
How many employees does PureCycle have?
As of Dec 31, 2024, the latest employee count at PureCycle is 157.
What does PureCycle do?
PureCycle was established in 2015 and is headquartered in Orlando, United States. Operations are centered in the recycling sector, where waste plastic materials are processed and converted into reusable forms. Services encompass collection, purification, and production of recycled plastic products, with a focus on polypropylene resins. The company maintains a presence primarily in North America, addressing environmental challenges through industrial-scale recycling processes. Leadership is provided by CEO Mike Otworth.
Who are the top competitors of PureCycle?
PureCycle's top competitors include Charter Next Generation, Protein Evolution and Agilyx.
What products or services does PureCycle offer?
PureCycle offers Ultra-Pure Recycled Resin and PureZero Program.
Is PureCycle publicly traded?
Yes, PureCycle is publicly traded on NASDAQ under the ticker symbol PCT.
Who are PureCycle's investors?
PureCycle has 4 investors. Key investors include SK Geo Centric, Sylebra Capital, Samlyn Capital, and Closed Loop Partners.
What is PureCycle's ticker symbol?
The ticker symbol of PureCycle is PCT on NASDAQ.