ecoATM

Profile Information

Conference
DEMO Spring 2011
Market Segment
Consumer
Funding Amount
$10,000,001-$25,000,000
Product Description
The ecoATM is an automated self-serve eCycling kiosk that uses patented machine vision, electronic diagnostics, and artificial intelligence to evaluate and buy-back used electronics directly from consumers for cash or store credit. ecoATM kiosks provide a convenient trade-in solution that electronically and visually inspects any consumer electronic device, pays consumers immediately in cash and/or store credit, and automatically administers trade-in / trade-up promotions for retailers and manufacturers.
Funding Round
Series A
Funding Details
ecoATM raised a 14.4m A round led by Claremont Creek Ventures and Coinstar.
Competitors
Gazelle, FlipSwap
Market Opportunity
According to CEA, the average U.S. household owns 26 electronic devices and spends $1,500 annually adding to the collection. Mobile phones account for nearly 150M devices retired annually. Simultaneously, there is a vibrant worldwide secondary market for these devices that ABI Research estimates at over $5B annually.

Company Contact

Contact
Dspaventa@ecoatm.com
Company Address
10515 Vista Sorrento Parkway
Primary Phone
858-324-4111
Officer One
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Officer Two
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Officer Three
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Officer Four
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