Smart Tire Recycling

Early Stage

Our company is turning a waste product into a lucrative commodity

Analytics

Raised to Date: Raised: $171,653

Aggregate Commitments $

Platform

StartEngine

Start Date

10/01/2021

Close Date

03/29/2022

Min. Goal

$10,000

Max. Goal

$4,440,500

Min. Investment

$250

Security Type

Equity - Preferred

Funding Type

RegCF

Pre-Money Valuation

$14,767,677

Rolling Commitments $

Status

Active

Reporting Date

10/17/2021

Days Remaining

163

% of Min. Goal

1,717%

% of Max. Goal

4%

Likelihood of Max
unlikely
Avg. Daily Raise

$10,728

Momentum
warm
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Location

Pittsburgh, Pennsylvania

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Smart Tire Recycling, with a valuation of $14.8 million, is raising funds on StartEngine. The company has developed a pioneering process to recycle used tires into reusable materials. The tires are turned into their original components and are used to manufacture new tires and other products. Smart Tire Recycling aims at reducing landfill tires and healing the environment by cutting carbon dioxide emissions. Mendel Bassman founded Smart Tire Recycling in 2016. The current crowdfunding campaign has a minimum target of $9,999.84 and a maximum target of $4,440,500. The campaign proceeds will be used for filling orders from some of the world’s largest tire manufacturers.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Smart Tire Recycling 03/29/2022 StartEngine $14,767,677 $171,653 Equity - Preferred Active RegCF
Smart Tire Recycling 12/03/2020 Wefunder $2,500,000 $509,562 Equity - Preferred Funded RegCF
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Smart Tire Recycling on StartEngine 2021
$
Platform: StartEngine
Security Type: Equity - Preferred
Valuation: $14,767,677
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