About REKLAIM
REKLAIM is a company based in Seattle (United States) founded in 2003 was acquired by Hydro International in May 2008. It operates as a Direct-to-Consumer (D2C), and Circular Economy. 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. REKLAIM operates in a competitive market with competitors including Safety-Kleen, AVISTA OIL, Resynergi, WPU and Clean Seas, among others.
- Headquarter Seattle, United States
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Sectors
Environment
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$34.26 M (USD)
in 6 rounds
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Latest Funding Round
$168 K (USD), Series C
May 09, 2016
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Investors
Goldman Sachs
& 1 more
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Employee Count
Employee Count
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Acquired by
Hydro International
(May 01, 2008)
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Products & Services of REKLAIM
REKLAIM offers a comprehensive portfolio of products and services, including Luxury Handbags, Luxury Watches, and Concierge Service. 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.
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 Total Funding
- Total Rounds 6
- Last Round Series C — $168,000
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First Round
First Round
(24 Aug 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Series C - REKLAIM | Valuation |
investors |
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| Dec, 2015 | Amount | Series C - REKLAIM | Valuation |
investors |
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| Jul, 2011 | Amount | Debt – Conventional - REKLAIM | Valuation |
investors |
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| 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 REKLAIM
REKLAIM has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs and Hydro International. 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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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Wastewater treatment services are provided by Hydro International.
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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 REKLAIM
| 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 - REKLAIM
| 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 |
Reklaim Comparisons
Competitors of REKLAIM
REKLAIM 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 Safety-Kleen, AVISTA OIL, Resynergi, WPU and Clean Seas, 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 |
Oil refining and environmental services are provided to industrial clients.
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| domain | founded_year | HQ Location |
Oil refining services are provided by AVISTA OIL in Germany.
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| domain | founded_year | HQ Location |
Plastic waste is converted into oil through proprietary systems.
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| domain | founded_year | HQ Location |
Waste plastic upcycling solutions are provided using pyrolysis technology.
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| domain | founded_year | HQ Location |
Energy is generated from plastic waste through specialized services.
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| domain | founded_year | HQ Location |
Industrial waste is converted into energy through specialized processes.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Reklaim
Frequently Asked Questions about REKLAIM
When was REKLAIM founded?
REKLAIM was founded in 2003 and raised its 1st funding round 4 years after it was founded.
Where is REKLAIM located?
REKLAIM is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is REKLAIM a funded company?
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 Debt – Conventional of $1.69M, raised on Aug 24, 2007.
What does REKLAIM do?
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.
Who are the top competitors of REKLAIM?
REKLAIM's top competitors include Safety-Kleen, AVISTA OIL and Kalina Power.
What products or services does REKLAIM offer?
REKLAIM offers Luxury Handbags, Luxury Watches, and Concierge Service.
Who are REKLAIM's investors?
REKLAIM has 2 investors. Key investors include Goldman Sachs, and Hydro International.