About Santek
Santek is a company based in Cleveland (United States) founded in 1987 by Kenneth Higgins was acquired by Republic Services in March 2021.. Santek has raised $75 million across 3 funding rounds from investors including Republic Services and Business Development Corporation of America. Santek has completed 1 acquisition, including Bates Sanitation. Santek offers products and services including Residential Services, Business Services, and Environmental Solutions. Santek operates in a competitive market with competitors including BullBag, CONTENUR, Posiva, Sterling Resources and Arrowhead Environmental Partners, among others.
- Headquarter Cleveland, United States
- Founders Kenneth Higgins
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Sectors
Environment
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Email
***********
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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
$75 M (USD)
in 3 rounds
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Latest Funding Round
$75 M (USD), Debt – Conventional
May 23, 2019
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Investors
Republic Services
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Republic Services
(Mar 31, 2021)
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Products & Services of Santek
Santek offers a comprehensive portfolio of products and services, including Residential Services, Business Services, and Environmental Solutions. 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.
Handles household waste collection and recycling programs
Provides commercial waste management and sustainability support
Offers recycling and compliance services for various clients
Funding Insights of Santek
Santek has successfully raised a total of $75M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $75 million completed in May 2019. 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 3
- Last Round Debt – Conventional — $75.0M
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First Round
First Round
(01 Aug 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Debt – Conventional - Santek | Valuation |
investors |
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| May, 2019 | Amount | Private Equity Round - Santek | Valuation |
investors |
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| Aug, 2013 | Amount | Debt – Conventional - Santek | 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 Santek
Santek has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Republic Services and Business Development Corporation of America. 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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Founded Year | Domain | Location | |
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Integrated waste management services are provided nationwide.
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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 Santek
Santek has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bates Sanitation. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Residential trash collection services are provided by Bates Sanitation.
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1980 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Santek
| 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 |
Santek Comparisons
Competitors of Santek
Santek 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 BullBag, CONTENUR, Posiva, Sterling Resources and Arrowhead Environmental Partners, 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 |
Waste collection solutions are provided in the United States.
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| domain | founded_year | HQ Location |
Provider of waste collection and disposable services
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| domain | founded_year | HQ Location |
Waste disposal services for nuclear materials are provided in Finland.
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| domain | founded_year | HQ Location |
Garbage disposal services are provided in Calgary, Canada.
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| domain | founded_year | HQ Location |
Provider of waste water disposal and treatment services
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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 Santek
Frequently Asked Questions about Santek
When was Santek founded?
Santek was founded in 1987 and raised its 1st funding round 26 years after it was founded.
Where is Santek located?
Santek is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.
Who is the current CEO of Santek?
Kenneth Higgins is the current CEO of Santek. They have also founded this company.
Is Santek a funded company?
Santek is a funded company, having raised a total of $75M across 3 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $65M, raised on Aug 01, 2013.
What does Santek do?
Santek was established in 1987 in Cleveland, United States, by Kenneth Higgins, who serves as founder and CEO. Operations focus on the waste management sector, where collection and disposal services are delivered to domestic, commercial, and industrial clients. Coverage extends across regional areas, supporting routine and specialized waste handling needs through established infrastructure and regulatory compliance.
Who are the top competitors of Santek?
Santek's top competitors include BullBag, Urban Enviro and CARDS Recycling.
What products or services does Santek offer?
Santek offers Residential Services, Business Services, and Environmental Solutions.
How many acquisitions has Santek made?
Santek has made 1 acquisition, including Bates Sanitation.
Who are Santek's investors?
Santek has 2 investors. Key investors include Republic Services, and Business Development Corporation of America.
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