Closed Loop Partners

What Closed Loop Partners does

Closed Loop Partners is a New York-headquartered, privately held registered B Corp founded in 2014 by Ron Gonen that invests in, builds, and operates businesses advancing the U.S. circular economy. The firm is organized into three core business segments: Closed Loop Capital Management (the investment group, comprising Closed Loop Ventures for early-stage circular-tech, Closed Loop Private Equity for buy-and-build of recycling and materials platforms, and Closed Loop Catalytic Capital & Private Credit for infrastructure-style credit), the Center for the Circular Economy (an innovation and research arm that convenes Fortune 500 brands and retailers through the NextGen Consortium, Consortium to Reinvent the Retail Bag, Composting Consortium, and Smalls Consortium), and Closed Loop Builders (the operating group that owns majority stakes in Circular Services—the largest privately held recycling and organics processor in the U.S. with 35+ facilities—plus Sage Sustainable Electronics, Agri-Cycle, Atlas Organics, and Sutter Metals). Supporting entities include the Closed Loop Foundation (non-profit research arm) and the Closed Loop Commodities Group.

As of year-end 2024 the firm reported 90+ investments across 10 countries and 29 U.S. states, 15.9 billion pounds of materials kept in circulation, and 25.2 million metric tons of avoided greenhouse gas emissions, with backing from more than 50 Fortune 500 corporations, financial institutions, and family offices. The economic model blends asset-management economics (management fees and carried interest from venture, private equity, and catalytic capital vehicles), operating revenue from majority-owned recycling, organics, ITAD, and metals businesses, and impact-linked concessional capital flows tied to U.S. Extended Producer Responsibility (EPR) regulation. Customers and counterparties span CPG and retail giants (Starbucks, McDonald's, Coca-Cola, PepsiCo, Target, Walmart, Kroger, CVS, L'Oréal, Kraft Heinz, P&G), municipal governments (Providence RI, Washtenaw County MI, Petaluma CA), and a growing roster of venture and PE-backed circular-economy operators (Supersede, ClearCOGS, LAIIER, TemperPack, GreenMantra, Mycocycle, Molg, Phinite).

Name

Closed Loop Partners

Legal name

Closed Loop Partners, LLC

Website

https://closedlooppartners.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Closed Loop Partners is a New York-based private registered B Corp that invests across the circular economy through venture capital, private equity, and catalytic capital strategies, while operating the largest privately held U.S. recycling and organics platform, Circular Services. It serves Fortune 500 CPG and retail companies, municipalities, and circular-economy operators.

Ownership category

akta.pro rank

Product category

Circular Economy Investment Management

NAICS

Other Financial Vehicles (52599), Other Financial Vehicles (525990), Other Investment Pools and Funds (5259)

SIC

Loan Brokers (6163), Miscellaneous Business Credit Institution (6159), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Water & Waste / Circular Economy Funds (FSANAJAF)

akta.pro secondary industries

Private Sector & Blended Finance Arms (IFC-type) (BPADACAJ), Development Finance, Guarantees & Blended Finance Programs (BPADABAM), Lower Middle-Market Business Brokerage (FSAEAIAB), Large-Cap / Sponsor Finance Direct Lending (FSANADAJ), Strategic Partnerships, Alliances & JVs Advisory (BPAHADAI)

Keywords

• Circular economy investing
• Sustainable private equity
• Impact investment management
• Recycling infrastructure services
• Venture capital financing

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Core offering

Closed Loop Partners is a circular economy investment and operating platform that deploys capital across venture capital, private equity, and catalytic capital/private credit strategies into companies and infrastructure advancing sustainable consumer goods, advanced recycling technologies, and the circular economy. It complements these investments with applied research, multi-stakeholder industry collaborations (NextGen Consortium, Beyond the Bag, Composting Consortium, Smalls Consortium), and operating businesses — most notably Circular Services, the largest privately held recycling and organics processing company in the U.S.

Product overview

Closed Loop Partners is a single firm offering a platform-plus-modules architecture organized into three core business segments: Closed Loop Capital Management (the investment group, comprising the sub-modules Closed Loop Catalytic Capital & Private Credit, Closed Loop Ventures Group, and Closed Loop Private Equity), the Center for the Circular Economy (innovation and research arm managing industry collaborations including the NextGen Consortium, Consortium to Reinvent the Retail Bag / Beyond the Bag Initiative, Composting Consortium, and Smalls Consortium), and Closed Loop Builders (the operating group that operates Circular Services, the largest privately held recycling and organics processing company in the U.S.). Supporting entities include the Closed Loop Foundation (non-profit research arm) and the Closed Loop Commodities Group. Portfolio operating brands include Circular Services, Sage Sustainable Electronics, Sutter Metals, Agri-Cycle, and recently funded technology companies such as Supersede (Marine Board), ClearCOGS (AI restaurant operations), Mycocycle (mycelium biotech), LAIIER (leak-detection sensors), Molg (electronics robotics), and Phinite (livestock waste to fertilizer). The firm manages 90+ investments across 10 countries and 29 U.S. states, kept nearly 16 billion pounds of materials in circulation and avoided 25+ million metric tons of greenhouse gas emissions as of year-end 2024, and is headquartered in New York City as a registered B Corp.

Differentiator

Problem solved

Functional benefit

Brands

• Closed Loop Capital Management: Investment group managing venture capital, private equity and catalytic capital & private credit strategies on behalf of global corporations, financial institutions and family offices
• Center for the Circular Economy
• Closed Loop Builders
• NextGen Consortium
• Consortium to Reinvent the Retail Bag (Beyond the Bag Initiative)
• Composting Consortium
• Circular Services

Products and services

• Closed Loop Capital Management The investment group of Closed Loop Partners, deploying institutional capital across venture, private equity, and catalytic capital/private credit strategies on behalf of global corporations, financial institutions, and family offices targeting the circular economy.
• Closed Loop Catalytic Capital & Private Credit Catalytic capital and private credit investment strategy with focus areas including Infrastructure, Beverage, Circular Plastics, and Local Recycling. Recent deployments include $10M loans to TemperPack and GreenMantra Technologies and a $5M loan to Supersede.
• Closed Loop Ventures Group Early-stage venture capital arm investing in breakthrough circular economy solutions across organics, minerals, polymers, and water. Backed 45+ companies to date, including Supersede, ClearCOGS, LAIIER, Mycocycle, Phinite, and Molg.
• Closed Loop Private Equity Buy-and-build private equity strategy that consolidates best-in-class materials recovery facilities and circular economy platforms across plastics & packaging, built environment/metals/critical minerals, food & agriculture, circular technology, energy efficiency, textiles, and healthcare.
• Center for the Circular Economy Innovation and research center executing data-driven analysis and cross-sector collaboration to advance the circular economy, including the Circular Insights Lab covering Design & Materials Innovation, Reuse, and Materials Recovery & Recycling. Manages industry collaborations including the NextGen Consortium, Beyond the Bag Initiative, Composting Consortium, and Smalls Consortium.
• Closed Loop Builders Operating group of Closed Loop Partners that incubates, builds, and scales circular economy infrastructure and services across the U.S., operating Circular Services and supporting portfolio operations.
• Circular Services The largest privately held recycling and organics processing company in the U.S., majority owned by Closed Loop Partners. Operates 35+ recycling and organics processing facilities nationwide, recovering paper, plastic, glass, and metal as valuable commodities.
• Sage Sustainable Electronics Midwest-based IT Asset Management and Disposition (ITAD) provider, majority owned by Closed Loop Partners. Processes nearly one million devices annually, tracking second-life reuse via its Reusable Yield ratio. Expanded via acquisition of Cascade Asset Management.
• NextGen Consortium Multi-year industry collaboration addressing single-use food packaging waste by advancing the design, commercialization, and recovery of food packaging alternatives. Founding partners Starbucks and McDonald's; sector lead partners The Coca-Cola Company and PepsiCo; supporting partners JDE Peet's, Wendy's, Yum! Brands; environmental advisory partner WWF.
• Consortium to Reinvent the Retail Bag (Beyond the Bag Initiative) Multi-year industry collaboration across retail sectors that identifies, tests, and implements viable design solutions and models to more sustainably serve the purpose of the current retail bag. Includes the 'Break Up With Single-Use Bags' campaign across nearly 1,000 California stores reaching 10 million+ customers.
• Composting Consortium Multi-stakeholder collaboration to advance composting infrastructure and end markets, including the Composting Consortium Grant Program, Compostable Packaging Disintegration Pilot, Contamination Pilot, Composter Innovator Program, and Municipal Partner Platform.
• Consortium to Recover Small-Format Packaging (Smalls Consortium) 3-year consortium focused on deploying a field-tested proof of concept for recovering small-format rigid plastics (PP, PET, PE, metals) at materials recovery facilities and glass recycling plants. Partners include L'Oréal Groupe, Maybelline New York, Kraft Heinz, P&G, and Target Corporation, with Phase 2 field testing in Southern California ahead of California's SB 54 EPR law.
• Closed Loop Foundation Non-profit research and development arm supporting organizations, companies, and communities working to reduce food, packaging, and plastic waste. Research areas include the built environment, anaerobic digestion, compostable packaging, molecular recycling technologies, recycling pilots in Puerto Rico, food waste, film recycling, and pro-recycling narrative.
• Closed Loop Commodities Group Commodities arm of Closed Loop Partners supporting the trading and movement of recycled materials.

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Generate Capital: Generate Capital is a sustainable infrastructure investment firm deploying capital across renewable energy, storage, recycling, and circular economy assets. Closest comparable to Closed Loop's Catalytic Capital & Private Credit strategy, with a similar mission-driven LP base and operating-asset orientation.
• Bain Capital Double Impact: Bain Capital's impact-investing arm deploys venture and growth capital into companies addressing social and environmental challenges. Overlaps directly with Closed Loop Ventures Group on early-stage circular-economy and sustainability investments.
• TPG Rise: TPG Rise is TPG's global impact investing platform investing across climate, circular economy, and sustainability themes through growth, venture, and public equities strategies. Comparable as a mission-aligned alternative asset manager with corporate LP backing.
• Circularity Capital: Circularity Capital is a specialist growth PE firm investing exclusively in circular economy businesses across Europe and North America. Direct competitor in circular-economy growth investing with comparable fund size and sector focus.
• Emerald Technology Ventures: Emerald is a Zurich-based open venture firm investing in industrial sustainability, clean materials, and circular economy technologies. Comparable early-stage orientation to Closed Loop Ventures Group with similar cleantech/materials focus.

Broad incumbents

• KKR Global Impact: KKR's Global Impact strategy invests in companies addressing sustainability and climate themes alongside the firm's much larger private equity franchise. Comparable as a major incumbent expanding into circular-economy and climate infrastructure.
• Brookfield Asset Management: Brookfield is one of the largest alternative asset managers globally with significant sustainability, infrastructure, and renewable resource investing capabilities. Competes for capital allocation and corporate LP mandates in the broader sustainable infrastructure space.
• Waste Management, Inc. Waste Management is the largest waste and environmental services company in North America, operating MRFs, organics facilities, and recycling infrastructure. Directly comparable operating-side competitor to Circular Services but with national incumbency and commodity trading scale.

Regional players

• Casella Waste Systems: Casella is a vertically integrated regional solid waste, recycling, and organics services company operating across the Northeastern US. Comparable to Circular Services as a vertically integrated recycler but focused on the Northeast rather than national footprint.

Emerging players

• Rubicon Technologies: Rubicon provides SaaS and marketplace technology for waste and recycling haulers, with sustainability mission orientation. Comparable adjacent circular-economy technology provider serving recycling infrastructure operators like Circular Services' network.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/LoopFund
• LinkedInlinkedin.com/company/closed-loop-fund

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries10 records

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments52 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Closed Loop Partners