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ITRenew

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uuid0007n9t

Namestring
ITRenew
Websiteurl
itrenew.com
Company typeenum
Private
Founded yearint
2000
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersNewark, United States
HQ citystring
Newark
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
IT asset disposition, data center decommissioning, data sanitization services, enterprise hardware remarketing, secure data destruction
Industry5 codes
1IT Asset Disposition (ITAD) Services (Data-Bearing Asset Handling)
CodeBPALAIAAPrimaryYes
2Data Destruction Services (On-site/Off-site, Media Sanitization)
CodeBPALAIACPrimaryNo
3Enterprise Hardware Recycling (Servers, Storage, Networking)
CodeBPALAIAIPrimaryNo
4IT Asset Lifecycle Services (Procure-to-Retire)
CodeBPAEAOAFPrimaryNo
5IT Asset Disposition (ITAD) & Secure Data Erasure
CodeBPAEAOAKPrimaryNo
NAICS code3 codes
  • Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services51821
  • Computer Systems Design and Related Services54151
  • Warehousing and Storage493
SIC code2 codes
  • Services-Computer Processing & Data Preparation7374
  • Services-Computer Programming, Data Processing, Etc.7370
Product category
IT Asset Disposition (ITAD) Services
Social media profiles3 records
Cost components4 values
Personnel, Operations, Supply Chain, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

ITRenew provides IT Asset Disposition (ITAD) and data security services for enterprises operating large-scale data centers and cloud computing infrastructure. The company handles the secure decommissioning, data sanitization, and remarketing or recycling of end-of-life IT assets, with a focus on mass storage and hyperscale environments.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

No product information available from the provided sources.

Product and service5 records
1IT Asset Disposition (ITAD) Services
CategoryIT Asset Disposition
Description

End-to-end disposition of retired enterprise IT hardware, including secure transport, processing, and downstream handling. Targeted at enterprises with large data center footprints and mass storage refresh cycles.

2Data Security and Sanitization Services
CategoryData Security
Description

Secure data destruction and sanitization for end-of-life storage media and IT equipment, designed to meet enterprise compliance requirements for cloud and mass storage environments.

3Data Center Decommissioning Services
CategoryIT Asset Disposition
Description

Large-scale decommissioning of data center infrastructure, supporting cloud and enterprise operators transitioning facilities or refreshing mass storage capacity.

4eSISO Solutions
CategoryData Center Solutions
Description

Solutions integrated into ITRenew's portfolio following the October 2018 acquisition of eSISO, broadening the company's enterprise IT and data center capabilities.

5Splitted-Desktop Systems Solutions
CategoryIT Asset Disposition
Description

Capabilities integrated into ITRenew's portfolio following the June 2018 acquisition of Splitted-Desktop Systems, expanding the company's desktop and end-user device handling offerings.

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
1Sims Lifecycle Services
TypeDirect peer
Description

Sims Lifecycle Services is a dedicated ITAD provider operating secure processing facilities globally. It competes head-to-head with ITRenew for enterprise hardware decommissioning, data sanitization, and value-recovery contracts.

2Cascade Asset Management
TypeDirect peer
Description

Cascade Asset Management is a US-focused ITAD provider offering enterprise hardware disposition, data destruction, and IT asset management services. Comparable to ITRenew in customer profile (mid-market and enterprise) and service mix.

3Iron Mountain
TypeBroad incumbent
Description

Iron Mountain is a global information-management services company with a large IT Asset Disposition practice serving enterprise and regulated customers. It overlaps directly with ITRenew's ITAD and secure data-destruction offerings but operates at a much broader portfolio scale.

4Apto Solutions
TypeDirect peer
Description

Apto Solutions is an ITAD specialist focused on enterprise data-center decommissioning, data sanitization, and reverse logistics. It competes with ITRenew for similar enterprise and data-center end-of-life programs.

5ERI (Electronic Recyclers International)
TypeDirect peer
Description

ERI is one of the largest US-based e-waste recyclers with extensive ITAD capabilities including data destruction and enterprise hardware processing. It is a direct competitor to ITRenew in the North American ITAD market.

6Sipi Asset Recovery
TypeDirect peer
Description

Sipi Asset Recovery is a North American ITAD provider offering enterprise hardware disposition, data sanitization, and resale services. It is comparable to ITRenew in target customers and core ITAD service mix.

7Arrow Electronics
TypeBroad incumbent
Description

Arrow Electronics is a global technology distributor with an ITAD practice handling end-of-life electronics for enterprise customers. It is a broader incumbent offering ITAD as part of a wider components and lifecycle-services portfolio.

8TES (Total Environmental Solutions)
TypeRegional player
Description

TES is a global e-waste and ITAD provider with strong presence in EMEA and Asia-Pacific offering enterprise IT asset disposition and data destruction services. It is comparable to ITRenew in service offering but primarily serves non-US geographies.

9Retire-IT
TypeEmerging player
Description

Retire-IT is an ITAD specialist focused on secure data destruction, asset tracking, and enterprise hardware recycling. It is a smaller, more specialized competitor with meaningful overlap to ITRenew's core service set.

10CloudBlue
TypeEmerging player
Description

CloudBlue operates an IT asset disposition and reverse-logistics platform that competes with ITRenew's data-center and enterprise hardware disposition services. It represents a more software-enabled, emerging competitor in the same niche.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks4 records

Each record includes

Headline, Details, Source

Key highlights4 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles8 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

ITRenew

IT Asset Disposition (ITAD) Servicesitrenew.com

ITRenew firmographics

Firmographics
Name
ITRenew
Website
https://itrenew.com
Company type
Private
Founded year
2000
Operating status
Operating
Headcount range
251–500 employees
Ownership category
akta.pro rank

ITRenew industry classification

Industry
Product category
IT Asset Disposition (ITAD) Services
NAICS
Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Computer Systems Design and Related Services (54151), Warehousing and Storage (493)
SIC
Services-Computer Processing & Data Preparation (7374), Services-Computer Programming, Data Processing, Etc. (7370)
akta.pro primary industry
IT Asset Disposition (ITAD) Services (Data-Bearing Asset Handling) (BPALAIAA)
akta.pro secondary industries
Data Destruction Services (On-site/Off-site, Media Sanitization) (BPALAIAC), Enterprise Hardware Recycling (Servers, Storage, Networking) (BPALAIAI), IT Asset Lifecycle Services (Procure-to-Retire) (BPAEAOAF), IT Asset Disposition (ITAD) & Secure Data Erasure (BPAEAOAK)

Keywords

  • IT asset disposition
  • Data center decommissioning
  • Data sanitization services
  • Enterprise hardware remarketing
  • Secure data destruction

Where ITRenew is headquartered

Location

Headquarters

HQ city
Newark
HQ country
United States
HQ region
North America

Markets served

ITRenew business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Supply Chain, Infrastructure

ITRenew product offering

Product offering

Core offering

ITRenew provides IT Asset Disposition (ITAD) and data security services for enterprises operating large-scale data centers and cloud computing infrastructure. The company handles the secure decommissioning, data sanitization, and remarketing or recycling of end-of-life IT assets, with a focus on mass storage and hyperscale environments.

Product overview

No product information available from the provided sources.

Differentiator

Problem solved

Functional benefit

Products and services

  • IT Asset Disposition (ITAD) Services End-to-end disposition of retired enterprise IT hardware, including secure transport, processing, and downstream handling. Targeted at enterprises with large data center footprints and mass storage refresh cycles.
  • Data Security and Sanitization Services Secure data destruction and sanitization for end-of-life storage media and IT equipment, designed to meet enterprise compliance requirements for cloud and mass storage environments.
  • Data Center Decommissioning Services Large-scale decommissioning of data center infrastructure, supporting cloud and enterprise operators transitioning facilities or refreshing mass storage capacity.
  • eSISO Solutions Solutions integrated into ITRenew's portfolio following the October 2018 acquisition of eSISO, broadening the company's enterprise IT and data center capabilities.
  • Splitted-Desktop Systems Solutions Capabilities integrated into ITRenew's portfolio following the June 2018 acquisition of Splitted-Desktop Systems, expanding the company's desktop and end-user device handling offerings.

Companies that use ITRenew

Customer profile

Ideal customer profiles1 record

ITRenew technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

ITRenew partnerships and signals

Strategic signal

Recent moves4 records

Expansion highlights4 records

ITRenew competitors and assessment

Company assessment

Direct peers

  • Sims Lifecycle Services: Sims Lifecycle Services is a dedicated ITAD provider operating secure processing facilities globally. It competes head-to-head with ITRenew for enterprise hardware decommissioning, data sanitization, and value-recovery contracts.
  • Cascade Asset Management: Cascade Asset Management is a US-focused ITAD provider offering enterprise hardware disposition, data destruction, and IT asset management services. Comparable to ITRenew in customer profile (mid-market and enterprise) and service mix.
  • Apto Solutions: Apto Solutions is an ITAD specialist focused on enterprise data-center decommissioning, data sanitization, and reverse logistics. It competes with ITRenew for similar enterprise and data-center end-of-life programs.
  • ERI (Electronic Recyclers International): ERI is one of the largest US-based e-waste recyclers with extensive ITAD capabilities including data destruction and enterprise hardware processing. It is a direct competitor to ITRenew in the North American ITAD market.
  • Sipi Asset Recovery: Sipi Asset Recovery is a North American ITAD provider offering enterprise hardware disposition, data sanitization, and resale services. It is comparable to ITRenew in target customers and core ITAD service mix.

Broad incumbents

  • Iron Mountain: Iron Mountain is a global information-management services company with a large IT Asset Disposition practice serving enterprise and regulated customers. It overlaps directly with ITRenew's ITAD and secure data-destruction offerings but operates at a much broader portfolio scale.
  • Arrow Electronics: Arrow Electronics is a global technology distributor with an ITAD practice handling end-of-life electronics for enterprise customers. It is a broader incumbent offering ITAD as part of a wider components and lifecycle-services portfolio.

Regional players

  • TES (Total Environmental Solutions): TES is a global e-waste and ITAD provider with strong presence in EMEA and Asia-Pacific offering enterprise IT asset disposition and data destruction services. It is comparable to ITRenew in service offering but primarily serves non-US geographies.

Emerging players

  • Retire-IT: Retire-IT is an ITAD specialist focused on secure data destruction, asset tracking, and enterprise hardware recycling. It is a smaller, more specialized competitor with meaningful overlap to ITRenew's core service set.
  • CloudBlue: CloudBlue operates an IT asset disposition and reverse-logistics platform that competes with ITRenew's data-center and enterprise hardware disposition services. It represents a more software-enabled, emerging competitor in the same niche.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights4 records

Customer concentration

ITRenew social profiles

Digital presence

ITRenew financial estimates

Financial estimate

Revenue estimate

Valuation estimate

ITRenew leadership team

Management profile

Number of profiles

Profiles8 records

ITRenew funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

ITRenew M&A and investment

M&A and investment

M&A2 records

Investments

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

Frequently asked questions about ITRenew

What does ITRenew do?

ITRenew provides IT Asset Disposition (ITAD) and data security services for enterprises operating large-scale data centers and cloud computing infrastructure. The company handles the secure decommissioning, data sanitization, and remarketing or recycling of end-of-life IT assets, with a focus on mass storage and hyperscale environments.

Is ITRenew a public or private company?

ITRenew is a private company. It is classified as unknown and is currently operating.

When was ITRenew founded?

ITRenew was founded in 2000. It employs 251 to 500 people.

Where is ITRenew based?

ITRenew is headquartered in Newark, United States, in the North America region.

Who are ITRenew's main competitors?

Direct peers on record are Sims Lifecycle Services, Cascade Asset Management, Apto Solutions, ERI (Electronic Recyclers International) and Sipi Asset Recovery. Broad incumbents are Iron Mountain and Arrow Electronics. TES (Total Environmental Solutions) is listed as a regional player. Emerging players are Retire-IT and CloudBlue.

Does ITRenew have an API?

No public API is recorded for ITRenew.

What industry is ITRenew in?

ITRenew's product category is IT Asset Disposition (ITAD) Services. Its primary akta.pro industry code is BPALAIAA, IT Asset Disposition (ITAD) Services (Data-Bearing Asset Handling), with a secondary code of BPALAIAC, Data Destruction Services (On-site/Off-site, Media Sanitization). Its NAICS code is 51821 and its SIC code is 7374.

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Live signals
AijournData Center IT Asset Disposition (ITAD) Market to Reach USD 25,576.29 Million by 2035According to DC Market Insights, the global Data Center IT Asset Disposition (ITAD) market is projected to grow from USD 14,644.32 million in 2025 to USD 25,576.29 million by 2035, representing a compound annual growth rate of 5.68%. North America leads with approximately 38% market share due to large cloud operators and strict data protection laws, while Asia Pacific holds about 22% share and shows rapid growth driven by data center expansion in China, India, and Southeast Asia. The competitive landscape includes Arrow Electronics, Sims Recycling Solutions, Iron Mountain, IBM, Hewlett Packard Enterprise, Dell Technologies, ITRenew, Apto Solutions, Ingram Micro, and TES as key players focusing on certified data destruction, value recovery, and sustainability reporting.NewswireARC Adds CEO and Co-Founder Aidin Aghamiri of Unicorn ITRenew (Acquired by Iron Mountain), to Advisory BoardARC has appointed Aidin Aghamiri, CEO and co-founder of ITRenew (acquired by Iron Mountain), to its advisory board to assist with equity fundraising and business development. This strategic addition supports ARC as it prepares for its first equity fundraise and the launch of its ARC Reactor software platform for cross-chain Web3 development.Pulse 2.0Why Iron Mountain (IRM) Is Buying ITRenew For $725 Million In CashIron Mountain agreed to buy 80% of ITRenew for about $725 million in cash, with the remaining 20% to be acquired within three years for a minimum enterprise value of $925 million. The deal, expected to close in Q1 2022, will form the platform for Iron Mountain's Global IT Asset Lifecycle Management business.DatacenterdynamicsIron Mountain to acquire ITRenew for $725 millionIron Mountain has agreed to acquire IT asset disposal and recycling firm ITRenew for approximately $725 million in cash for an 80% stake from private equity firm ZMC, with the remaining 20% to be acquired within three years at a minimum enterprise value of $925 million. The transaction, expected to close in Q1 2022, will make ITRenew the platform for Iron Mountain's Global IT Asset Lifecycle Management business. ZMC, which acquired a majority stake in ITRenew in 2017, will exit its investment through this deal.American City Business JournalsITRenew's Aidin Aghamiri is a Silicon Valley Business Journal 2021 40 Under 40 honoree.Aidin Aghamiri, CEO of ITRenew, was named to the Silicon Valley Business Journal's 2021 40 Under 40 list. The announcement includes a photo of him in front of a painting at the San Jose Museum of Art.PR NewswireBlockheating Joins Forces with ITRenew to Bring New Sustainable Edge Data Center Model to MarketITRenew, a California-based sustainable data center infrastructure company, has partnered with Blockheating, a Dutch sustainable cloud hosting company, to deploy containerized edge data centers that recycle server heat as a heating source for commercial greenhouses. Blockheating has developed proprietary watercooling technology that captures heat at up to 65°C and sells it to greenhouse growers in the Netherlands at lower cost than natural gas, while eliminating air conditioning needs and reducing power consumption by 25–30%. The solution uses ITRenew's recertified Sesame hyperscale hardware to enable scalable, cost-effective deployment, with ITRenew's circularity approach deferring up to 25% of CO2 and e-waste.PR NewswireVirtual Power Systems Names Ali Fenn to Board of DirectorsVirtual Power Systems (VPS) announced the appointment of Ali Fenn to its Board of Directors. Fenn, who currently serves as President of ITRenew, brings over 20 years of experience building enterprise and cloud technology companies. The appointment is expected to support VPS's growth and the advancement of its Software-Defined Power platform for data center power management.PR NewswireAlliance Between EDJX, ITRenew and VPS Brings Industry-Leading TCO and Sustainability to the EdgeEDJX announced the launch of EdjBlock, a pre-integrated edge computing infrastructure solution developed through partnerships with ITRenew and Virtual Power Systems, enabling rapid deployment and monetization of distributed CDN and edge computing services. The solution offers customers hardware TCO savings averaging 50% or more over conventional infrastructure and includes rack-scale compute from ITRenew and Software Defined Power control from VPS. Cyxtera is the first to make the EDJX platform available, deploying it via three of its North American data centers.PR NewswireNew ITRenew Report Uncovers How Circular Data Center Approach Can Slash CO2 and TCO by 25%ITRenew announced its first Data Center Impact Report titled "The Financial & Sustainability Case for Circularity," which found that adopting circular data center practices could reduce total cost of ownership by 24% to 31% and slash greenhouse gas emissions by nearly 25%. The report, developed through analysis of lifecycle data from the world's leading hyperscalers, estimates that hardware circularity could create nearly $50 billion in new financial opportunities annually for large-scale data center operators while democratizing access to premium technology for the broader ecosystem. The company positions its Circular Data Center Model as a scalable alternative to the traditional deploy-and-dispose approach that dominates the industry.PR NewswireITRenew and Hydro66 Join Forces in Sweden to Reduce the Cost and Carbon Footprint of Hosting Data at Scale for Enterprises Across the EUSan Francisco-based ITRenew has partnered with Sweden's Hydro66 to offer EU enterprises cost-effective and sustainable colocation data center solutions at scale. The partnership integrates ITRenew's Sesame rack-scale servers, which deliver over 40% Total Cost of Ownership advantage compared to traditional OEM equipment, with Hydro66's ultra-low emissions facility powered by hydropower in Boden, Northern Sweden. Both companies are members of the Open Compute Project and share a focus on open, scalable technology infrastructure for AI/ML, converged workloads, and data-heavy applications.