Investment Opportunities
Join our mission to reduce global e-waste – our current valuation projects 5x-15x EBITDA multiples by 2030-2032, with 5-year valuations 20x-60x higher
Established, revenue-generating SaaS solution that enables IT Asset Disposition companies globally to manage their businesses
Overview
- E-Waste: Discarded tech, such as laptops, PCs and mobile phones that have reached their end-of-life – full of hidden potential for reuse and recycling.
- ITAD: A relatively unheard of, but simple sector - IT Asset Disposition businesses transform obsolete electronics into refurbished tech or raw materials, driving sustainability and unlocking hidden value.
- Recycly: A cutting-edge, online ERP platform designed specifically for ITAD businesses, that masterfully streamlines the entire ITAD process from asset acquisition to revenue realisation.
Highlights
- Recycly is a revenue-generating SaaS solution
- Established as a Limited Liability entity in the UK in September 2023, S/EIS eligible
- Led by a highly experienced CEO / CTO team, with 5 combined decades of experience in leadership / marketing / sales / ops / software build
- Investment needed to develop Recycly to be mature enough to cover at least 10% of the UK market and expand globally
- Exit in 5–7 years, with projected annual revenue at 5-years = £13m vs £1m-£1.5m costs = exit multiples of 5x-15x
- Top ranked in Google, as can be seen here and here
- Very clear roadmap: we've been capturing "Must Haves" and "Nice to Haves" from prospects and customers since early 2024 and balance those market needs with our own innovative solutions to challenges which haven't been addressed elegantly by our competition
Problem and Opportunity
- 60 million tonnes of annual electronic waste is generated each year, and this is increasing, with only 17.4% recycled vs 82.6% unaccounted for
- This represents an enormous opportunity for the IT Asset Disposition (ITAD) industry …which is valued at $22b, projected at $34b by 2030
- ITAD businesses are those which refurbish, recycle, and resell old or unused IT equipment
- Recycly is a software platform that provides the infrastructure to meet this demand by supporting ITAD businesses' operations
- We are unique in our end-to-end proposition, inc. enablement of advanced profitability reporting from acquiring end-of-life assets, through the various processing stages, and to resales
Global Market
- TAM: 200,000 businesses
- SAM: 20,000 businesses
- SOM: 2,000-2,500 businesses (c. 27,000 users)
Revenue Model
- Transparent, scalable, predictable
- Per customer: £3,000 onboarding, £54 p/user p/month
- Average Customer Value (ACV): £40,000 (over 5 years, based on 12 users)
March 2025 Investment Round (Seed)
- £300k for 10% at a £2.7m pre-money valuation
- With 60% on People/Product, 20% on Marketing & Sales, 10% on Infrastructure, 10% on Other
- With 60% on People/Product, 20% on Marketing & Sales, 10% on Infrastructure, 10% on Other
Get in touch for more info / pitch deck / data room access
- Email dom.tyler@recyc.ly
- Connect to me on LinkedIn