C

Contec

Reverse logistics: refurbishes and returns electronics

Overview

Contec provides reverse logistics for electronics, handling returns for major OEMs and broadband providers. It receives devices, tests functionality, repairs or refurbishes as needed, and reintroduces working units into the supply chain or fulfills service orders to preserve the end-user experience. The company stands out through decades of experience in end-to-end reverse logistics, from intake to repair to redeployment, prioritizing value recovery over rapid growth. Its goal is to extend device life, reduce waste, and maximize financial returns for partners by efficiently managing returns and refurbishment.

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About Contec

Simplify's Rating
Why Contec is rated
D+
Rated C on Competitive Edge
Rated D+ on Growth Potential
Rated D- on Differentiation

Industries

HardwareIndustrial & Manufacturing

Company Size

51-200

Company Stage

Debt Financing

Total Funding

$12M

Headquarters

Schenectady, NY

Founded

1978

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Simplify's take

What believers are saying

  • Revolution Capital acquired Contec in November 2022 and explicitly backed growth.
  • CB Insights updated October 2026 still lists Contec as active and operating.
  • Device compliance and circular-economy repair demand support recurring work in 2026.

What critics are saying

  • ABI reported a Bain-owned Contec filed Chapter 11 in October 2026 with $360 million debt.
  • Verizon and Comcast concentration exposes Contec to pricing pressure and contract churn.
  • Set-top-box repairs face secular decline as broadband providers shift to streaming-only hardware.

What makes Contec unique

  • Founded in 1978, Contec built decades of reverse-logistics expertise for telecom hardware.
  • Contec combines testing automation, repair, refurbishment, and fulfillment across device lifecycles.
  • Its customer base spans consumer electronics, telecommunications, computing, storage, streaming, and IoT.

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Funding

Total Funding

$12M

Above

Industry Average

Funded Over

1 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Paid Vacation
  • Paid Holidays
  • Hybrid Work Options
  • Training Programs

Growth & Insights and Company News

6 month growth

0%

1 year growth

-1%

2 year growth

-1%
Tyrepress
Jul 11th, 2024
Contec bolsters growth plans with new CFO

Polish firm Contec, developer of the proprietary 'Molten' pyrolysis process for recovering carbon black, oil and steel from end-of-life tyres, has appointed Dominika Żelazek to the position of CFO.

Tire Technology International
May 13th, 2024
Contec appoints Wojciech Paruzel as COO

Wojciech Paruzel has been appointed chief operations officer at Contec, a Polish company that makes circular rubber and plastic products through end-of-life tire recycling.

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