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Onepak Inc. raised $20 million from Nuveen's Private Equity Impact team to enhance its e-waste circularity efforts.

Jul 31, 2024•12 months ago

Amount Raised

$20 Million

BostonSupply Chain ManagementLogisticsTransportationInformation TechnologySoftware

Investors

Nuveen

Description

Onepak Inc. has secured $20 million in investment from Nuveen's Private Equity Impact team as part of the Nuveen Climate Inclusion Fund II. This funding will help Onepak further its mission of responsible repurposing of used IT hardware and e-waste.

Company Information

Company

Onepak

Location

Boston, Massachusetts, United States

About

Onepak Inc. is a digital supply chain and reverse logistics platform that facilitates the flow of used IT hardware and e-waste for responsible repurposing. Through its ReturnCenter platform, Onepak provides a turnkey solution for IT users and organizations of all sizes to manage the return, recycling, and resale of IT devices. The company has been recognized for its sustainability achievements in logistics and has a customer base of over 200,000. Onepak aims to address the growing challenges of e-waste with its innovative technology and logistics partner ecosystem.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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