Wisetek

Hyattsville, United States Founded: 2007 • Age: 19 yrs Acquired By Iron Mountain
E-waste recycling and remanufacturing services are provided worldwide.
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About Wisetek

Wisetek is a company based in Hyattsville (United States) founded in 2007 by Orla Sheehan was acquired by Iron Mountain in September 2024.. The company has 3 employees as of October 31, 2021. Wisetek offers products and services including Hardware Asset Management, IT Asset Disposition, and Data Center Decommissioning. Wisetek operates in a competitive market with competitors including CloudBlue Technologies, ERI, 3 Step IT, PROSHRED and Vyta, among others.

  • Headquarter Hyattsville, United States
  • Employees 3 as on 31 Oct, 2021
  • Founders Orla Sheehan
  • Sectors
    Technology
    Environment
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise IT Services & Distribution
Environment → Environmental Management & Pollution Control
Key Metrics
  • Annual Revenue
    $93.72 M (USD)
    22
    as on Oct 31, 2021
  • Net Profit
    $4.87 M (USD)
    372
    as on Oct 31, 2021
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    3

    as on Oct 31, 2021

  • Acquired by
    Iron Mountain

    (Sep 25, 2024)

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Products & Services of Wisetek

Wisetek offers a comprehensive portfolio of products and services, including Hardware Asset Management, IT Asset Disposition, and Data Center Decommissioning. 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.

Primary

Manages IT hardware lifecycle for security and reuse.

Handles end-of-life services for devices and data sanitization.

Offers equipment removal and recycling for data centers.

Funding Insights of Wisetek

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Wisetek

Wisetek has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Iron Mountain. 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.

All
Institutional
Investor Description Founded Year Domain Location
Data centers, information management, and asset lifecycle services are provided.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Wisetek

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Wisetek

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Wisetek Comparisons

Employees
+
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Competitors of Wisetek

Wisetek 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 CloudBlue Technologies, ERI, 3 Step IT, PROSHRED and Vyta, 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
Enterprise IT asset disposition, Onsite Data erase & Destruction and e- waste recycling
domain founded_year HQ Location
E-waste recycling and asset disposition services are provided globally.
domain founded_year HQ Location
Provider of IT asset management and IT hardware distribution services
domain founded_year HQ Location
Secure document shredding and recycling services are provided nationwide.
domain founded_year HQ Location
IT assets are managed and data is destroyed securely.
domain founded_year HQ Location
E-waste recycling and reverse logistics services are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Wisetek

Frequently Asked Questions about Wisetek

When was Wisetek founded?

Wisetek was founded in 2007.

Where is Wisetek located?

Wisetek is headquartered in Hyattsville, United States. It is registered at Hyattsville, Maryland, United States.

How many employees does Wisetek have?

As of Oct 31, 2021, the latest employee count at Wisetek is 3.

What is the annual revenue of Wisetek?

Annual revenue of Wisetek is $93.72M as on Oct 31, 2021.

What does Wisetek do?

Wisetek, established in 2007, excels in environment, waste water management, managing waste solutions, treatment, recycling, and e-waste. Provider of ewaste recycling and remanufacturing services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.

Who are the top competitors of Wisetek?

Wisetek's top competitors include ERI, Eco Recycling and CloudBlue Technologies.

What products or services does Wisetek offer?

Wisetek offers Hardware Asset Management, IT Asset Disposition, and Data Center Decommissioning.

Who are Wisetek's investors?

Wisetek has 1 investor. Key investors include Iron Mountain.

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