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RECO logo — Waste Management Platform Helping Businesses and Governments...

RECO

Waste Management Platform Helping Businesses and Governments Shift Towards a Circular Economy

Founded 2018 Korea South Korea South 33 employees Series B Total: $30.00B ESG, Logistics +1

General Information

Company Name RECO
Founded Year 2018
Location Korea South Korea South
Employees 33
Industries ESG, Logistics, Waste Solution
Funding Stage Series B
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About RECO

RECO is a waste management platform based in Korea South that aims to revolutionize how businesses and governments handle waste to transition towards a circular economy. Founded in 2018, Reco provides digital solutions and customized waste hauling services to establish new benchmarks in waste collection, management, and recycling. The company envisions solving today's pressing waste issues by empowering businesses with the necessary tools and resources to manage waste sustainably. In line with this mission, Reco recently secured a significant milestone with a KRW14.50B Series B investment on 25 January 2023. The investors participating in this round include Envisioning Partners, Industrial Bank of Korea, GS Holdings, and CAC. Reco operates at the intersection of ESG, Logistics, and Waste Solution industries, positioning itself as a key player in driving environmental and sustainability advancements.

Business keywords: Waste Management, Circular Economy, Digital Solutions, Waste Hauling Services, Emission Environment, Management Automation, Resource Circulation, Software as a Service (SaaS), Recycle Tech, ESG (Environmental, Social, and Governance), Technology, Recycling

Funding Rounds & Investors (6)

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Funding Stage Amount Investors Lead Investors Date
Series B KRW14.50B 4
Envisioning Partners, Industrial Bank of Korea +2
25 Jan 2023
Series B KRW12.00B 5
DSC Investment, Smilegate Investment +3
20 Dec 2021
Series A KRW3.50B 3
DSC Investment, Hanwha Investment and Securities +1
07 Apr 2021
Seed Round Undisclosed 1
TIPS Program
01 Jul 2020
Seed Round Undisclosed 1
SparkLabs Accelerator
02 Feb 2020
Seed Round Undisclosed 1
SparkLabs Accelerator
28 May 2019

RECO Alternatives & Competitors

View All Alternatives
RECO vs

Plstka is rewarding app to get best benefits from your solid trash.

Seed
25 employees
ESG, Waste Solution
RECO vs

Building A World Without Waste

Venture round
59 employees
ESG, Sustainability
RECO vs
Valorsul
Valorsul Portugal

Valorizamos o Ambiente

183 employees
ESG, Sustainability

FAQ About RECO

Waste Management Platform Helping Businesses and Governments Shift Towards a Circular Economy
RECO was founded in 2018.
RECO is headquartered in Korea South.
RECO operates in ESG, Logistics and Waste Solution. Its work centres on Waste Management, Circular Economy, Digital Solutions and Waste Hauling Services.
RECO has approximately 33 employees.
RECO has completed 6 funding rounds, raising a total of $30.00B. The latest funding stage is Series B.
Top alternatives and competitors to RECO include Plstka - بلستكة (Plug & Play ‘23), ReCircle, Valorsul, Eco-Ces Soluções Ambientais, Ecolimpio . These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
RECO and Plstka - بلستكة (Plug & Play ‘23) are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for RECO, https://bouncewatch.com/company/reco, updated 3 March 2025. When citing, please name BounceWatch and link this page.

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