About Shred It
Shred It is a company based in Oakville (Canada) founded in 1988, and was acquired by Birch Hill Equity Partners in June 2009. Provider of secure paper shredding and document destruction services. Its chief executive, as recorded, is Vince De Palma. Its website shredit.com draws about 100 thousand monthly visits. Shred It offers products and services including One-time Shredding and Scheduled Shredding. Its legal entity is Shred-it, Inc.
Company details
Shred It was established in 1988 in Oakville, Canada, within the secure document destruction sector. Services encompass both recurring and one-time shredding for businesses, including secure collection of confidential materials and their destruction, accompanied by proof of service. Shredded items are recycled as part of operations. Customized quotes and scheduling options are made available to clients.
- Headquarters Oakville, Canada
- Stage Acquired
- Website category Business and Consumer Services · Business Services
- Website shredit.com/en-us
- Social LinkedIn X Facebook
- Acquired by Birch Hill Equity Partners (Jun 2009)
- Legal Name Shred-It, Inc
- Latest Funding Round$627.65 (USD), Grant
Dec 2016
- InvestorsBirch Hill Equity Partners
& 2 more
- Acquired byBirch Hill Equity Partners
(Jun 2009)
Products & Services of Shred It
Shred It offers a comprehensive portfolio of products and services, including One-time Shredding and Scheduled Shredding.
Large volumes of documents are securely destroyed in a single session to clear out sensitive information
Regular document destruction is provided with additional information security resources for ongoing protection
Funding Insights of Shred It
- Total Rounds 3
- Last Round Grant — $628
- Investors Count 1
All 3 funding rounds of Shred It 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 |
|---|---|---|---|---|---|
| Dec 2016 | $628 | Grant | – | – | |
| Jun 2015 | Grant | – | – | ||
| Jan 2014 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Shred It
Shred It has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Birch Hill Equity Partners and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward growth-stage companies across sectors. | 1994 | birchhillequity.com | Toronto, Canada | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Shred It
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Shred It
1 people are tracked at Shred It (1 in leadership).
| Name | Role | Group |
|---|---|---|
Vince De Palma | CEO & President | Leadership |
Complete people profiles for Shred It
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Shred It
4 dated milestones of Shred It across 28 years, from founding to its latest funding, stage changes and deals.
- Founded Shred It is founded.
- Exit Acquired by Birch Hill Equity Partners.
- Funding First funding round.
- Funding Latest funding round, Grant, of $628.
Web traffic of Shred It
The website of Shred It (shredit.com) receives about 99.6K visits a month and ranks #574,722 among all websites worldwide, #4,547 in Business Services.
- Monthly visits99.6K
▲ 36.9% vs previous month
- Unique visitors39.8K
per month
- Global rank#574,722
among all websites
- Category rank#4,547
Business and Consumer Services · Business Services
- Bounce rate63%
- Pages per visit1.3
- Average visit21 sec
- DevicesDesktop 48% · Mobile 52%
Websites whose visitors overlap most with Shred It. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| proshred.com | 100% | 29.4K | #1,110,745 | View details | |
naidonline.org | naidonline.org | 71% | – | ||
shrednations.com | shrednations.com | 70% | #647,187 | – | |
| ashredahead.com | 66% | View details | |||
allshredservices.com | allshredservices.com | 64% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 25 similar websites and full traffic analytics for Shred It
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- 25 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Frequently Asked Questions about Shred It
Shred It was founded in 1988 and raised its 1st funding round 26 years after it was founded.
Shred It is headquartered in Oakville, Canada. It is registered at Oakville, Ontario, Canada.
Vince De Palma is the CEO of Shred It, as recorded in our data.
Shred It was established in 1988 in Oakville, Canada, within the secure document destruction sector. Services encompass both recurring and one-time shredding for businesses, including secure collection of confidential materials and their destruction, accompanied by proof of service. Shredded items are recycled as part of operations. Customized quotes and scheduling options are made available to clients.
Shred It offers One-time Shredding and Scheduled Shredding.
Shred It has 2 investors. Key investors include Birch Hill Equity Partners, and European Union.
Shred It operates through Shred-It, Inc.
Yes. Shred It was acquired by Birch Hill Equity Partners in June 2009.