About PureCycle
PureCycle is a publicly listed company based in Orlando (United States) founded in 2015. Waste plastic recycling services are provided to support sustainability efforts. 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. Its chief executive, as recorded, is Mike Otworth. PureCycle offers products and services including Ultra-Pure Recycled Resin and PureZero Program. Its focus areas include Waste & Water Management, Waste Management, Treatment and Recycling. Its legal entity is PURECYCLE TECHNOLOGIES, INC. Its competitors include Agilyx, Charter Next Generation and MBA Polymers; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Orlando, United States
- Employees 157
- Stage Public
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website purecycle.com
- Social LinkedIn X Facebook Instagram
- Legal Name Purecycle Technologies, Inc.
- Annual Revenue$8.36 M (USD)as on Dec 31, 2025
- Net Profit-$182.56 M (USD)36.86as on Dec 31, 2025
- EBITDA-$132.7 M (USD)-19.9as on Dec 31, 2025
- Total Equity Funding$99.3M (USD)
in 12 rounds
- Latest Funding Round$33M (USD), Post-IPO
Feb 2025
- InvestorsSK Geo Centric
& 3 more
- Employee Count157
Products & Services of PureCycle
PureCycle offers a comprehensive portfolio of products and services, including Ultra-Pure Recycled Resin and PureZero Program.
Purified resin from polypropylene waste for manufacturing and sustainable use.
Initiative to eliminate plastic waste in events and partnerships.
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 $99.3M
- Total Rounds 12
- Last Round Post-IPO — $33M
- Investors Count 4
Latest 10 of 12 funding rounds of PureCycle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2025 | $33M | Post-IPO | – | – | |
| Sep 2024 | $90M | Post-IPO | – | – | |
| Mar 2022 | $250M | Post-IPO | – | – | |
| Nov 2020 | $60M | Series C | – | – | – |
| Oct 2020 | $15M | Series B | – | – | – |
| Oct 2020 | $250M | Debt – Conventional | – | – | – |
| Jul 2020 | $1.45M | Series A | – | – | – |
| Feb 2020 | $10M | Series A | – | – | – |
| Nov 2019 | $1M | Series A | – | – | – |
| Sep 2019 | $1M | Series A | – | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investing and operating in the circular economy through recycling, innovation, and financial strategies. | closedlooppartners.com | |||
Global investment firm managing TMT portfolios for institutions worldwide. | 2011 | sylebra.com | New York, United States | |
Offers secure online access to investment materials for authorized users only. | 2006 | samlyncapital.com | New York, United States | |
Petrochemicals are developed by SK Geo Centric in South Korea. | 2017 | skgeocentric.com | Seoul, South Korea |
Investor details for PureCycle
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of PureCycle
46 people are tracked at PureCycle (22 in leadership, 24 in team); the tracked headcount is 157.
| Name | Role | Group |
|---|---|---|
Mike Otworth | CEO | Leadership |
Chris Talarek | Vice President of Feedstock Operations | Leadership |
Jimmie Weatherford | Director of Prep Operations | Leadership |
Donald Carpenter | Vice President Finance | Leadership |
Shelly Faulkner, CPA | Financial Shared Services Director | Leadership |
Pamela Lynne Cadile | Director Of Distribution Sales | Leadership |
Pete Dias | Senior Director Of Sales | Leadership |
Dustin Olson | CEO | Leadership |
Jaime Vasquez | Chief Financial Officer | Leadership |
Brett Hafer | Executive Vice President, Manufacturing | Leadership |
Christian Bruey | Director Communications, Government Relations, Marketing | Leadership |
Peter Smits | Senior Director, Finance - Europe | Leadership |
Larry Somma | Chief Financial Officer | Leadership |
Tamsin Ettefagh | Chief Sustainability Officer | Leadership |
Kenneth Maulsby Cmrp | Asset Integrity, Maintenance And Reliability Director | Leadership |
Bob Hamilton | Vice President Sales & Marketing | Leadership |
Michael Weber | Vice President, Technology | Leadership |
Jason Vititoe | Vice President-digital, Engineering, And Reliability | Leadership |
Rabeh Elleithy | Director of Product Technology | Leadership |
Todd Neugebauer | Director, Feedstock Procurement | Leadership |
26 more people are available in the full profile.
Complete people profiles for PureCycle
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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.
- IPO date19 Mar 2021
- Listed onNASDAQ: PCT
- Listed entityPureCycle Technologies, Inc.
- Exchange sectorIndustrial services
- ISINUS74623V1035
- Share price$3.44 (-4.44% on the day) · 2026-10-13
- Market capitalisation$691.1M
- EPS (diluted, trailing year)$-1.46
- Volume (last session)6,375,146
Financials of PureCycle
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $8.4M | -$182.6M | -$132.7M |
| 2024 | -$289.1M | -$110.7M | |
| 2023 | -$101.7M | -$95.0M | |
| 2022 | -$84.8M | -$76.1M | |
| 2021 | -$77.5M | -$67.3M |
Detailed financial statements for PureCycle
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of PureCycle
4 dated milestones of PureCycle across 10 years, from founding to its latest funding, stage changes and deals.
- Founded PureCycle is founded.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $33.0M.
Competitors of PureCycle
PureCycle has 3 listed competitors in our database, 2 of them funded. They include Agilyx, Charter Next Generation and MBA Polymers.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| agilyx.com | 2004 | Beaverton, United States | $83.25M | 1 | Plastic waste is processed and recycled into reusable materials. | |
| cnginc.com | 1998 | Milton, United States | 875 | Coextruded, barrier, and monolayer films are manufactured for packaging applications. | ||
| mbapolymers.com | 1992 | San Francisco, United States | $152.54M | Recycled plastic materials are processed and supplied by MBA Polymers. |
Detailed competitors of PureCycle
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Web traffic of PureCycle
The website of PureCycle (purecycle.com) receives about 9.2K visits a month.
- Monthly visits9.2K
▼ 27.5% vs previous month
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as PureCycle (Waste & Water Management Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | USD 25.2 B | 61,700 | ||
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | USD 16.59 B | 42,000 | ||
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | 102 |
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Related news about Purecycle
Complete news archive for PureCycle
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Frequently Asked Questions about PureCycle
PureCycle was founded in 2015 and raised its 1st funding round 3 years after it was founded.
PureCycle is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.
Mike Otworth is the CEO of PureCycle, as recorded in our data.
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 Series A of $1M, raised on Jun 2018.
PureCycle has 157 employees.
Annual revenue of PureCycle is $8.36M as on Dec 31, 2025.
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.
PureCycle's top competitors include Charter Next Generation, Agilyx and MBA Polymers.
PureCycle offers Ultra-Pure Recycled Resin and PureZero Program.
Yes, PureCycle is publicly traded on NASDAQ under the ticker symbol PCT.
PureCycle has 4 investors. Key investors include SK Geo Centric, Sylebra Capital, Samlyn Capital, and Closed Loop Partners.
PureCycle operates through Purecycle Technologies, Inc..