GreenChip
GreenChip is a US-based ITAD and electronics recycling firm, founded in 2005 and headquartered in Brooklyn, NY, that provides certified data destruction, e-waste recycling, and asset remarketing services to corporate, government, OEM, healthcare, financial, education, and municipal customers.
- Company typePrivate
- Founded2005
- HeadquartersBrooklyn, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What GreenChip does
GreenChip (Greenchip, Inc.) is a US-based, privately held IT Asset Disposition (ITAD) and electronics recycling company headquartered in Brooklyn, NY, with operational offices in Fredericksburg, VA, and Astoria, NY, and a Florida sales line. Founded in 2005, the company has accumulated over 20 years of industry experience and employs 51–100 people. It serves corporate, government, OEM, healthcare, financial, education, and municipal customers with end-of-lifecycle electronics management services spanning secure data destruction, electronics recycling, asset remarketing, municipality collection programs, and OEM program management.
Its core technology stack centers on certified, compliance-driven processes rather than a software platform. The company operates R2V3, e-Stewards, NAID AAA, ISO 14001, and ISO 45001 certified facilities, enforces a 100% landfill diversion policy, and runs proprietary NIST 800-88 and DoD 5220-22-M compliant wiping software. Its mobile hard drive shredding and mobile wiping units travel to customer sites for witnessed, on-site destruction with GPS-tracked logistics, and a Partner Cloud Portal provides real-time tracking of IT assets, service offerings, and reporting. Microsoft Registered Refurbisher status supports in-house refurbishing and direct access to primary resale markets, eliminating intermediaries on remarketable assets.
GreenChip's revenue model is predominantly professional services and transaction-fee based: service fees for disposition, logistics, and destruction; remarketing revenue and profit-sharing on resaleable equipment; and contracted recycling programs for state, local, and OEM clients (the latter sometimes subsidized by manufacturers). The go-to-market is sales-led enterprise engagement with a dedicated single point of contact per partner, supplemented by inside-sales coverage through toll-free and regional phone lines, an online quote form with a 24-hour response SLA, and a global partner network that extends service reach beyond US borders. No pricing is publicly disclosed; all engagements are quote-based.
GreenChip firmographics
Firmographics- Name
- GreenChip
- Legal name
- Greenchip, Inc.
- Website
- https://greenchiprecycling.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- GreenChip is a US-based ITAD and electronics recycling firm, founded in 2005 and headquartered in Brooklyn, NY, that provides certified data destruction, e-waste recycling, and asset remarketing services to corporate, government, OEM, healthcare, financial, education, and municipal customers.
- Ownership category
- akta.pro rank
GreenChip industry classification
Industry- Product category
- IT Asset Disposition & Electronics Recycling
- NAICS
- Remediation and Other Waste Management Services (5629), Waste Collection (5621), Materials Recovery Facilities (56292), Security Systems Services (except Locksmiths) (561621)
- SIC
- Hazardous Waste Management (4955), Refuse Systems (4953)
- 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 Disposition (ITAD) & Secure Data Erasure (BPAEAOAK)
Keywords
Where GreenChip is headquartered
LocationHeadquarters
- HQ city
- Brooklyn
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
GreenChip business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- IT Asset Disposition Services: Complete ITAD process including data destruction, return on investment and end of life electronics recycling. Services include secure handling, auditing, inventory reports, and compliant recycling. Revenue generated through service fees for disposition, logistics, and destruction services.
- Electronics Recycling: Responsible electronics recycling with 100% diversion rate from landfill. Services include collection, processing down to base commodity level, and certificate of recycling provision.
- Asset Remarketing and ROI: Assessment of equipment market value with channels to maximize return. Direct access to primary resale markets enables profit sharing or outright purchasing options for customer assets. Includes in-house refurbishing process to eliminate middleman.
- Data Destruction Services: On-site and in-house data destruction including physical shredding and software wiping. Mobile units travel to customer locations for witnessed destruction. Generates revenue through service fees for destruction and material removal.
- Municipality Recycling Programs: Electronics recycling programs for state and local government including collection events, container service, DPWs, school systems, and box programs. Works with equipment manufacturers to subsidize recycling costs.
- OEM Program Management: All-encompassing economical recycling services for OEMs to meet state program recycling obligations. Provides compliance documentation and streamlined reporting for OEM partners.
Go-to-market motion2 records
Distribution channels4 records
Marketing channels3 records
GreenChip product offering
Product offeringCore offering
GreenChip provides end-to-end IT Asset Disposition (ITAD) and electronics recycling services, including secure data destruction (mobile and in-house shredding/wiping), compliant end-of-life electronics recycling with 100% landfill diversion, asset remarketing with in-house refurbishing to maximize ROI, and tailored programs for municipalities and OEMs. The company serves enterprises, governments, healthcare, financial, education, and OEM clients nationally and globally through a partnership network.
Product overview
GreenChip operates as a comprehensive ITAD (IT Asset Disposition) and electronics recycling platform providing end-to-end lifecycle management solutions. The core offerings include IT Asset Disposition & Purchasing, Electronics Recycling, Hard Drive Shredding, Municipality Recycling Programs, and OEM Program Management. These services are supported by a Partner Cloud Portal for real-time tracking and reporting, and an E-Waste Form for customer quote requests. The company also maintains a philanthropic initiative through the Greenchip Legacy Foundation. All services are backed by industry certifications including R2V3, e-Stewards, NAID AAA, ISO 14001, and ISO 45001.
Differentiator
Problem solved
Functional benefit
Brands
- Greenchip Legacy Foundation: The philanthropic arm of Greenchip dedicated to expanding positive impact within and beyond the electronics recycling industry through community development, youth empowerment, and service initiatives.
Products and services
- IT Asset Disposition & Purchasing Comprehensive ITAD services including data destruction, return on investment through remarketing, and end-of-life electronics recycling to protect brand and ensure compliant disposition of IT assets. Targeted at enterprises, government, healthcare, financial, and educational organizations.
- Electronics Recycling Responsible electronics recycling with R2V3 certified facilities, strict material-tracking and security protocols, and a zero landfill policy achieving 100% diversion rate. Includes processing down to base commodity level and certificate of recycling.
- Hard Drive Shredding On-site mobile hard drive shredding unit and data wiping services compliant with DOD, HIPAA, NIST, and PCI standards, with auditable inventory reports. Multi-pass sanitization software makes data recovery impossible.
- Municipality Recycling Programs State and local government electronics recycling programs including collection events, container service, DPWs, school systems, and box programs. Works with equipment manufacturers to subsidize recycling costs.
- OEM Program Management Comprehensive recycling services for original equipment manufacturers to meet state program recycling obligations with meticulous compliance documentation and streamlined reporting for OEM partners.
Quantifiable outcome
- 100% diversion rate from landfill
- +2 more outcomes
Companies that use GreenChip
Customer profileSegments8 records
Ideal customer profiles5 records
GreenChip technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
GreenChip partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights4 records
GreenChip competitors and assessment
Company assessmentBroad incumbents
- Sims Lifecycle Services: Global ITAD and electronics recycling arm of Sims Limited; comparable because it offers the same end-to-end ITAD, secure data destruction, and asset remarketing for enterprise and OEM customers, but at materially larger scale and broader geographic reach than Greenchip.
- Iron Mountain Data Destruction: Provides secure shredding, media destruction, and IT asset disposition services as part of its broader records/information management portfolio. Directly comparable to Greenchip's NAID-AAA certified on-site and in-house data destruction and ITAD offerings, with overlap in HIPAA/PCI/FINRA-regulated enterprise customers.
Direct peers
- Cascade Asset Management: Mid-sized US ITAD provider offering certified data destruction, electronics recycling, and asset remarketing services to enterprise and education customers. Closely comparable in size, certification stack (R2, NAID AAA), and service mix to Greenchip.
- HOBI International: ITAD and electronics recycling firm focused on enterprise, OEM, and reverse-logistics customers with in-house refurbishment and remarketing capabilities. Comparable in customer segments, mobile/on-site destruction, and zero-landfill positioning to Greenchip.
- CompuCycle: Houston-based R2-certified ITAD provider offering secure data destruction, electronics recycling, and asset recovery for enterprise customers. Closely matches Greenchip's service model and mid-market positioning.
- IT Renew: IT asset disposition and data center decommissioning specialist serving hyperscale and enterprise customers with resale and recycling. Comparable as an ITAD peer with overlapping enterprise customer base and similar data destruction/remarketing model.
- Dynamic Recycling: R2/ISO-certified ITAD and e-waste recycler in the southeastern US serving enterprise, OEM, and government customers. Overlaps with Greenchip's recycling/destruction services and municipality program offerings.
Emerging players
- Secure Recycling Solutions: Regional certified ITAD provider focused on enterprise and government secure data destruction and electronics recycling. Comparable service stack but smaller geographic footprint and limited global partner reach relative to Greenchip.
Others
- e-Stewards Initiative (Basel Action Network): Issues the e-Stewards certification that Greenchip holds; relevant adjacent/ecosystem player because it defines the audit standard and downstream vendor requirements Greenchip must adhere to, and influences enterprise RFP criteria across the ITAD category.
- NAID (National Association for Information Destruction): Industry body issuing the NAID AAA certification that Greenchip holds for secure data destruction. Relevant as an ecosystem/standards-setter that shapes buyer expectations and competitor compliance baselines in the data-destruction segment Greenchip competes in.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
GreenChip social profiles
Digital presenceGreenChip compliance and trust
Trust signalCompliance7 records
GreenChip financial estimates
Financial estimateRevenue estimate
Valuation estimate
GreenChip leadership team
Management profileNumber of profiles
GreenChip subsidiaries and ownership
Company hierarchySubsidiaries1 record
GreenChip funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GreenChip M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GreenChip
What does GreenChip do?
GreenChip provides end-to-end IT Asset Disposition (ITAD) and electronics recycling services, including secure data destruction (mobile and in-house shredding/wiping), compliant end-of-life electronics recycling with 100% landfill diversion, asset remarketing with in-house refurbishing to maximize ROI, and tailored programs for municipalities and OEMs. The company serves enterprises, governments, healthcare, financial, education, and OEM clients nationally and globally through a partnership network.
Is GreenChip a public or private company?
GreenChip is a private company. It is classified as unknown and is currently operating.
When was GreenChip founded?
GreenChip was founded in 2005. It employs 51 to 100 people.
Where is GreenChip based?
GreenChip is headquartered in Brooklyn, United States, in the North America region.
How does GreenChip make money?
Six revenue lines are on record. IT Asset Disposition Services are the primary driver. The others are electronics Recycling, asset Remarketing and ROI, data Destruction Services, municipality Recycling Programs and OEM Program Management.
Who are GreenChip's main competitors?
Broad incumbents on record are Sims Lifecycle Services and Iron Mountain Data Destruction. Direct peers are Cascade Asset Management, HOBI International, CompuCycle, IT Renew and Dynamic Recycling. Secure Recycling Solutions is listed as an emerging player. Others are e-Stewards Initiative (Basel Action Network) and NAID (National Association for Information Destruction).
Does GreenChip have an API?
No public API is recorded for GreenChip.
What industry is GreenChip in?
GreenChip's product category is IT Asset Disposition & Electronics Recycling. 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 5629 and its SIC code is 4955.