About REKLAIM
REKLAIM is an Environment company based in Seattle (United States) founded in 2003, and was acquired by Hydro International in May 2008. Conversion solutions for rubber into energy products are provided. It operates on a Direct-to-Consumer (D2C) and Circular Economy model. REKLAIM has raised $34.26 million across 6 funding rounds from investors including Goldman Sachs and Hydro International. REKLAIM offers products and services including Luxury Handbags, Luxury Watches, and Concierge Service. Its focus areas include Retail, Luxury Goods and Pre-Owned Luxury. Its competitors include Safety-Kleen, Resynergi and Clean Seas; 1 of its 3 listed competitors has raised funding.
Company details
REKLAIM is engaged in the curation and sale of pre-owned luxury goods, focusing on handbags, watches, and personalized concierge services. Operations are conducted globally within the luxury retail sector. A tech-enabled, closed-loop supply chain is utilized to ensure authenticity and quality. The concept of Conscious Luxury is promoted, encouraging sustainable and purposeful shopping. A community called Conscious Collective is supported to redefine luxury consumption with a focus on positive impact.
- Headquarters Seattle, United States
- Stage Acquired
- SectorsEnvironment
- Website reklaim.com
- Social LinkedIn Instagram
- Acquired by Hydro International (May 2008)
- Total Equity Funding$34.26M (USD)
in 6 rounds
- Latest Funding Round$168K (USD), Series C
May 2016
- InvestorsGoldman Sachs
& 1 more
- Acquired byHydro International
(May 2008)
Products & Services of REKLAIM
REKLAIM offers a comprehensive portfolio of products and services, including Luxury Handbags, Luxury Watches, and Concierge Service.
Pre-owned luxury handbags are curated and sold globally.
Authenticated pre-owned luxury watches are offered for sale.
White-glove concierge service is provided for luxury sourcing.
Funding Insights of REKLAIM
REKLAIM has successfully raised a total of $34.26M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $168 thousand completed in May 2016. 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 $34.26M
- Total Rounds 6
- Last Round Series C — $168,000
- First Round $7.05M
(Aug 2007)
- Investors Count 1
All 6 funding rounds of REKLAIM 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 |
|---|---|---|---|---|---|
| May 2016 | $168,000 | Series C | – | – | – |
| Dec 2015 | $14.03M | Series C | – | – | – |
| Jul 2011 | $1.69M | Debt – Conventional | – | – | – |
| Aug 2010 | $6M | Series B | – | – | – |
| Aug 2007 | $7M | Series A | – | – | |
| Aug 2007 | $7.05M | Series B | – | – |
2 investors in total: 2 institutional.
Investors in REKLAIM
REKLAIM has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs and Hydro International.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Wastewater treatment services are provided by Hydro International. | 2015 | hydro-int.com | Clevedon, United Kingdom |
Investor details for REKLAIM
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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- Investor portfolios
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Timeline of REKLAIM
4 dated milestones of REKLAIM across 13 years, from founding to its latest funding, stage changes and deals.
- Founded REKLAIM is founded.
- Funding First funding round of $7.1M.
- Exit Acquired by Hydro International.
- Funding Latest funding round, Series C, of $168K.
Competitors of REKLAIM
REKLAIM has 3 listed competitors in our database, 1 of them funded. They include Safety-Kleen, Resynergi and Clean Seas.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| safety-kleen.com | 1954 | Richardson, United States | Oil refining and environmental services are provided to industrial clients. | |||
| resynergi.com | 2009 | Vancouver, United States | $24.4M | Plastic waste is converted into oil through proprietary systems. | ||
| clean-seas.com | 2019 | United States | Energy is generated from plastic waste through specialized services. |
Detailed competitors of REKLAIM
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of REKLAIM
The website of REKLAIM (reklaim.com) receives about 9.5K visits a month.
- Monthly visits9.5K
▲ 34.5% vs previous month
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as REKLAIM (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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Frequently Asked Questions about REKLAIM
REKLAIM was founded in 2003 and raised its 1st funding round 4 years after it was founded.
REKLAIM is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
REKLAIM is a funded company, having raised a total of $34.26M across 6 funding rounds to date. The company's 1st funding round was a Series B of $7.05M, raised on Aug 2007.
REKLAIM is engaged in the curation and sale of pre-owned luxury goods, focusing on handbags, watches, and personalized concierge services. Operations are conducted globally within the luxury retail sector. A tech-enabled, closed-loop supply chain is utilized to ensure authenticity and quality. The concept of Conscious Luxury is promoted, encouraging sustainable and purposeful shopping. A community called Conscious Collective is supported to redefine luxury consumption with a focus on positive impact.
REKLAIM's top competitors include Safety-Kleen, Resynergi and Clean Seas.
REKLAIM offers Luxury Handbags, Luxury Watches, and Concierge Service.
REKLAIM has 2 investors. Key investors include Goldman Sachs, and Hydro International.
Yes. REKLAIM was acquired by Hydro International in May 2008.