About Recover
Recover is a company based in Calgary (Canada) founded in 2008. It operates as a Circular Economy, and Product-as-a-Service. Recover offers products and services including Low Sulfur Diesel Fuel and Recover Dry™. Recover operates in a competitive market with competitors including Evodos, Bio Tech and Oilsoft, among others.
- Headquarter Calgary, Canada
-
Sectors
EnvironmentEnergy & Utilities
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Recover Energy Services Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
BDC
& 1 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Recover
Recover offers a comprehensive portfolio of products and services, including Low Sulfur Diesel Fuel and Recover Dry™. 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.
Recycled diesel fuel is extracted from drilling waste.
Clean solids are reused as waste stabilization material.
Funding Insights of Recover
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2020 | Amount | Seed - Recover | Valuation | Azimuth Advisors , BDC |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Recover
Recover has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include BDC and Azimuth Advisors. 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 |
|---|---|---|---|---|
|
Offers investment management and advisory to high-net-worth families and institutions worldwide.
|
Founded Year | Domain | Location | |
|
Commercial banking services for small and medium-sized enterprises are provided.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Recover
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Recover
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Recover Comparisons
Competitors of Recover
Recover 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 Evodos, Bio Tech and Oilsoft, 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 |
Ultra-fine separation platforms for oil, gas, and algae are developed.
|
|
| domain | founded_year | HQ Location |
Microbial solutions for oilfield and industrial wastewater treatment are provided.
|
|
| domain | founded_year | HQ Location |
Provides software services for Oil and Gas companies to manage waste and ensure compliance.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Recover
When was Recover founded?
Recover was founded in 2008 and raised its 1st funding round 12 years after it was founded.
Where is Recover located?
Recover is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Who is the current CEO of Recover?
Stan Ross is the current CEO of Recover.
What does Recover do?
Recover is focused on providing energy operators with sustainable solutions for managing oil-based drilling waste. The company operates in the energy and environmental sectors, utilizing patented technology to extract hydrocarbons from waste, producing low sulfur diesel fuel and stabilization materials like Recover Dry. By recycling waste, significant greenhouse gas emissions are avoided, supporting decarbonization strategies. Facilities are established in Canada with expansion plans in the United States, targeting industrial-scale recycling to reduce landfill dependence and promote a circular economy.
Who are the top competitors of Recover?
What products or services does Recover offer?
Recover offers Low Sulfur Diesel Fuel and Recover Dry™.
Who are Recover's investors?
Recover has 2 investors. Key investors include BDC, and Azimuth Advisors.