Encora

Encora

Enterprise smart collection system for reusable food and beverage containers, reducing waste and emissions.

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DateInvestorsAmountRound
*

N/A

Seed
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-100 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

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More about Encora
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Encora operates in the sustainable packaging industry, focusing on reusable food and beverage containers. The company serves environmentally conscious consumers and businesses, including restaurants, campuses, airports, and metropolitan areas. Encora's business model revolves around its patent-pending smart collection system, which allows users to scan QR codes on containers for easy tracking and return. The company generates revenue through small deposits charged for container use, which are refunded upon return. This system not only reduces waste but also minimizes greenhouse gas emissions and water usage. Encora's app facilitates the entire process, from locating participating vendors to returning containers at designated stations.

Keywords: sustainable packaging, reusable containers, smart collection, QR code tracking, environmental benefits, waste reduction, greenhouse gas reduction, water conservation, eco-friendly, deposit system.

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