About Romco
Romco is a company based in London (United Kingdom) founded in 2015. Romco has raised $6.2 million across 1 funding round. The company has 3 employees. Romco offers products and services including Aluminium Alloy Ingots, Copper Ingots, and PureCycleâ„¢. Romco operates in a competitive market with competitors including Umicore, Befesa, Sims Metal Management, Scrap Metal Services and A.Y. McDonald, among others.
- Headquarter London, United Kingdom
- Employees 3
- Stage Minicorn
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website romcometals.com
- Social LinkedIn X
- Legal Name Romco Group Ltd
- Date of Incorporation 24 Aug, 2016
- Jurisdiction LONDON, UNITED KINGDOM
- Annual Revenue$17.63 M (USD)554as on Aug 31, 2021
- Net Profit$689.88 K (USD)168as on Aug 31, 2021
- EBITDA$689.88 K (USD)168as on Aug 31, 2021
- Total Equity Funding$6.2M (USD)
in 1 rounds
- Latest Funding Round$6.2M (USD), Series A
Feb 2022
- Employee Count3
Products & Services of Romco
Romco offers a comprehensive portfolio of products and services, including Aluminium Alloy Ingots, Copper Ingots, and PureCycle™.
Recycled ingots from aluminium to reduce emissions and waste
Recycled copper ingots for sustainable industrial applications
Ingot with 100% post-consumer scrap for ultra-low carbon footprint
Funding Insights of Romco
Romco has successfully raised a total of $6.2M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.2 million completed in February 2022. 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 $6.2M
- Total Rounds 1
- Last Round Series A — $6.2M
- First Round $6.2M
(Feb 2022)
All 1 funding rounds of Romco 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 2022 | $6.2M | Series A | $180M | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2022 | $180M | •••••••• |
Last known valuation $180M (Feb 2022).
People of Romco
1 people are tracked at Romco (1 in leadership); the tracked headcount is 3.
| Name | Role | Group |
|---|---|---|
Raymond Onovwigun | CEO & Founder | Leadership |
Complete people profiles for Romco
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Romco
3 dated milestones of Romco across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Romco is founded.
- Funding First funding round of $6.2M.
- Milestone Reaches Minicorn status.
Competitors of Romco
Romco 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 Umicore, Befesa, Sims Metal Management, Scrap Metal Services and A.Y. McDonald, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| umicore.com | 1805 | Brussels, Belgium | – | 9,769 | Platinum, rhodium, and palladium-based materials are manufactured by Umicore. | |
| befesa.com | 1993 | Seville, Spain | – | – | Industrial residues from various sectors are recycled by Befesa. | |
| simsmm.com | 1917 | New York, United States | – | 7,972 | Metal and electronics recycling services are provided worldwide. | |
| scrapmetalservices.com | 2005 | Illinois, United States | – | 419 | Supplier of ferrous and non-ferrous scrap commodities to both domestic and international consumers | |
| aymcdonald.com | 1856 | Dubuque, United States | – | 1,471 | Provider of metal recycling services | |
| metalico.com | 1997 | Cranford, United States | – | 549 | Metalico, Inc. is engaged in scrap metal processing and recycling. | |
| schnitzersteel.com | 1906 | Portland, United States | – | 3,353 | Metal scrap recycling services are provided to industrial clients. | |
| dulinmetals.com | 1986 | Dallas, United States | – | – | Provider of recycling, reclamation, and investment recovery services | |
| runaya.com | 2017 | Mumbai, India | – | 24 | Delivers metal recycling services to promote sustainable waste management. | |
| galloo.com | 1939 | Menen, Belgium | – | 36 | Recycles metals, cars, electronics, plastics, and ships for sustainable waste management. |
Detailed competitors of Romco
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Web traffic of Romco
The website of Romco (romcometals.com) receives about 6.8K visits a month.
- Monthly visits6.8K
▲ 42.2% vs previous month
Latest news on Romco
Complete news archive for Romco
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Brand-specific news history
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Similar companies to Romco
10 companies that operate in the same segment as Romco (Waste & Water Management Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wastewater and energy management services are provided internationally. | 1853 | Aubervilliers, Seine-saint-denis, France | – | USD 52.17 B | 215,040 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
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 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | – | |
Sensor-based sorting and recycling solutions are provided for multiple industries. | 1972 | Asker, Viken, Norway | – | USD 1.53 B | 4,950 | |
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | – | 102 | |
Surplus goods are shared among neighbors through a mobile app. | 2015 | London, England, United Kingdom | USD 51.2 M | – | – | |
Water and waste treatment services are provided worldwide. | 1966 | London, England, United Kingdom | – | USD 4.18 B | 9,750 |
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Frequently Asked Questions about Romco
Romco was founded in 2015 and raised its 1st funding round 7 years after it was founded.
Romco is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Romco is a funded company, having raised a total of $6.2M across 1 funding round to date. The company's 1st funding round was a Series A of $6.2M, raised on Feb 2022.
Romco has 3 employees.
Annual revenue of Romco is $17.63M as on Aug 31, 2021.
Romco was founded in 2015 and is headquartered in London, United Kingdom. Operations are centered on waste recycling within the environmental services sector. Services encompass the collection, processing, and recovery of recyclable materials, with a focus on metals as indicated by the domain. Activities support sustainable waste management practices across local and regional areas in the UK.
Romco's top competitors include Umicore, Befesa and A.Y. McDonald.
Romco offers Aluminium Alloy Ingots, Copper Ingots, and PureCycleâ„¢.
The valuation of Romco is $180M as of Feb 2022.
Romco operates through Romco Group Ltd.