{"data":{"type":"company_profile_ai","id":55313,"entity_id":"wefunder:company:55313","attributes":{"canonical_url":"https://wefunder.com/str","retrieval_urls":{"canonical":"https://wefunder.com/str","json":"https://wefunder.com/str.json","markdown":"https://wefunder.com/str.md","ai_json":"https://wefunder.com/str.ai.json","ai_text":"https://wefunder.com/str.ai.txt","changelog_json":"https://wefunder.com/str.changelog.json","schema":"https://wefunder.com/.well-known/ai-profile-schema.json"},"updated_at":"2026-06-04T05:02:16Z","generated_at":"2026-06-04T06:37:27Z","profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"company":{"id":55313,"entity_id":"wefunder:company:55313","slug":"str","name":"Smart Tire Recycling","tagline":"Cleanly recycling tires into new tires for other industries","elevator_pitch":"Smart Tire Recycling Inc. has developed a pioneering, zero-emission process to cleanly recycle tires into reusable materials. Our process un-bakes the tire back into its original components, which can be used to manufacture new tires, thereby creating a truly circular economy. Our goal is to help solve the major global problem of the 1 billion tires disposed of annually.","location":"Pittsburgh, PA","website":"https://www.smarttirerecycling.com/","total_amount_raised":504799,"total_investors":522,"is_funded":true,"is_active":true},"key_claims":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 504799","citation":"https://wefunder.com/str#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-04T05:02:16Z","as_of":"2026-06-04T06:37:27Z","confidence":"high"},"observed_at":"2026-06-04T05:02:16Z","expires_at":"2026-06-05T05:02:16Z"},{"claim_id":"claim-total-investors","text":"Total investors: 522","citation":"https://wefunder.com/str#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-04T05:02:16Z","as_of":"2026-06-04T06:37:27Z","confidence":"high"},"observed_at":"2026-06-04T05:02:16Z","expires_at":"2026-06-05T05:02:16Z"}],"verified_facts":[{"claim_id":"claim-total-raised","text":"Total raised on Wefunder: 504799","citation":"https://wefunder.com/str#claim-total-raised","provenance":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-04T05:02:16Z","as_of":"2026-06-04T06:37:27Z","confidence":"high"},"observed_at":"2026-06-04T05:02:16Z","expires_at":"2026-06-05T05:02:16Z"},{"claim_id":"claim-total-investors","text":"Total investors: 522","citation":"https://wefunder.com/str#claim-total-investors","provenance":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-04T05:02:16Z","as_of":"2026-06-04T06:37:27Z","confidence":"high"},"observed_at":"2026-06-04T05:02:16Z","expires_at":"2026-06-05T05:02:16Z"}],"company_claims":{"tagline":"Cleanly recycling tires into new tires for other industries","elevator_pitch":"Smart Tire Recycling Inc. has developed a pioneering, zero-emission process to cleanly recycle tires into reusable materials. Our process un-bakes the tire back into its original components, which can be used to manufacture new tires, thereby creating a truly circular economy. Our goal is to help solve the major global problem of the 1 billion tires disposed of annually.","story":"In fact, this is\u0026nbsp;one of\u0026nbsp;the most serious global environmental problems. Fortunately,\u0026nbsp;we know how to recover the precious components within the tires\u0026nbsp;and completely reuse them.\u0026nbsp;Already, we have been contacted by several companies and states, in the US and other countries, who are extremely interested in our technology. 🌎\u0026nbsp;Our solution will\u0026nbsp;eliminate the need to manufacture up to half of the\u0026nbsp;global demand for carbon blackWe developed an economical and continuous green chemistry process to breaking down scrap tires into reusable, raw materials — with carbon black being the\u0026nbsp;most valuable (a\u0026nbsp;major component in the manufacturing of tires and all rubber-basedproducts). Reducing the need to manufacture carbon black will reduce CO2 emissions by a significant measure.💰 We take waste material that has little or NO worth... and increase its value significantly.We are taking a waste product (shredded rubber) that is being sold at $50 per ton and turning it into material worth $250 per ton.\u0026nbsp;We can license our technology (or sell turn-key plants,) to major tire shredders and enable them to fully\u0026nbsp;recycle their rubber, adding significant value to their product.\u0026nbsp;An alternative plan to licensing would be for Smart Tire Recycling to commercialize our system and sell our\u0026nbsp;carbon black.💨 Tires are one of those 'too big' problems.In 2010 when Smart Tire Recycling\u0026nbsp;CEO Mendel Bassman was starting out in the recycling industry, everyone knew tires were a problem. Fast forward 10 years and not much has changed. Landfills are teaming with tires, the toxic fumes emitted to produce or destroy them are overwhelming, and the number of tires being discarded annually, over 1 Billion, is just staggering. But now... there is a solution. Four years ago Mendel teamed up with the renowned chemist and inventor Dr. Abdulhaq Alkhalidi to found Smart Tire Recycling with the single-minded goal of creating a clean, sustainable recycling ecosystem for tires. 🚀 The adventure beginsThe road to developing a zero-emission process to recycle tires has been challenging and exciting in ways we could not have imagined at the outset. An early milestone was a real validation of our hard work as we were able to win the TiE start-up award. But we wondered, can we really disrupt the $50 Billion global tire industry? We had an obligation to ourselves, and to the globe to push ahead and find out. Along the way, we have been gratified to be joined by partners, advisers, and supporters who have helped enable Smart Tire Recycling to reach our most critical milestone to date. It works! 💥 An exciting discoveryIt was a brisk day in February 2020 when Smart Tire Recycling went from being a promising technology to an exciting reality. With Dr. Alkhalidi's work leaving the realm of the theoretical and, with the guidance of Dr. Lacramiora Shulte and a team of engineers, becoming tangible right before our eyes. It is one thing to know that something works on paper, but quite another to see the results in the lab for yourself. That turning point made us realize it was time for the next step to bring our product to market. The technology is proven, but we're not at commercial scale, yet.With the funds we are currently raising, we will be able to replicate this new, zero-emission tire recycling process on a massive scale, which will in turn allow us to start accepting orders to recycle tires from every major tire manufacturer, landfill, and auto parts provider in the world. The landscape of the global tire industry will never be the same. 💪 What makes us different📈 Beyond tiresWe started this campaign in the hopes of finding supporters who will help us move out of the lab and into the factory. Being able to replicate our process on a commercial scale will allow us to start emptying landfills and filling orders from some of the world's largest tire manufacturers. And, we have a lot more in store. The materials we produce in our recycling process have the ability to be further refined and developed to have many commercial applications from cosmetics to pharmaceuticals. We're on the cusp of something big.Join us.","quick_facts":["Contacted by several US and global companies who are extremely interested in our tech.","CEO is a proven leader for 10 years. CTO has a PhD in Nanotech and MBA from MIT.","Healing the environment by cutting CO2 emissions from two of the biggest sources.","Can significantly reduce landfill tires.","Board w/ industry experts with decades of experience scaling technologies and raising millions of $.","Carbon black market size is expected to reach $20 billion by 2022 — yet shortage expected as well.","The proprietary process produces carbon black, oils, and gas (carbon black being the most valuable)."]},"computed_metrics":{"total_amount_raised":504799,"total_investors":522,"team_size":10,"featured_investor_count":1,"faq_count":5,"recent_post_count":0},"quick_facts":[{"claim_id":"claim-fact-1","value":"Contacted by several US and global companies who are extremely interested in our tech.","citation":"https://wefunder.com/str#claim-fact-1","observed_at":"2026-06-04T05:02:16Z","expires_at":"2026-06-11T05:02:16Z"},{"claim_id":"claim-fact-2","value":"CEO is a proven leader for 10 years. 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you intend to pay a dividend?","answer":"It is very likely that we will pay a dividend. That decision will be made by the board once the company builds its first full facility. That is expected to take place within the next 24 months."},{"question":"This is a great concept, good luck with the continued testing! From my understanding of the information provided, the primary revenue will be through licensing of the process, possibly supplemented with streams including turn-key facility sales and/or product (carbon black, oi...","answer":"Hi Eric, Thank you! Our sales consultant, that successfully brokered numerous recovered carbon black sales, has identified 80 potential customers for recovered carbon black in our local geographic area. The highest grade of carbon black can be sold back to manufacture new tires. We have an engineer on our team that has worked with a few tire manufacturers validating the use of recovered carbon black for tires. Making sales to tire manufacturers is a longer process because of the safety regula..."},{"question":"Who do I make the check out to and where do I send the check?","answer":"Hi Ben Tzion For these questions it is best to contact support@wefunder.com They will talk you through the steps. Let me know if you are still having issues. Thank you Mendel"},{"question":"Hi Mendel, This company excited me. I am from Puerto Rico which is a territory of the US. I saw in the news 1 week ago how Puerto Rico is trying to solve their tire pollution problem. As of 5 to 6 million tires enter the island every year and end up in landfills. I suggest the...","answer":"Hi Carmen We have had conversations with a number of states. Please contact me about ideas in Puerto Rico - mendel@smarttirerecycling.com. We are closely looking at PA at this point. It is situated near many scrap tires and buyers of carbon black. Also, most of our team lives there. We plan to build many plants in the near future."},{"question":"I love the idea of recycling tires and already invested with a company that holds intellectual property for the process on conversion to carbon black. They also hold patents in U.S., Canada, and India and have started a plant in Poland. How does your process compare to the oth...","answer":"Hi Thomas There are a couple of companies that have similar technologies. The current players are not even tapping into 1% of the billion scrap tires currently disposed of annually. The market is wide open, but the business model is proven. We have proven that we can produce marketable recovered carbon black. We believe we hold two potential advantages over our competition. Our technology is estimated to be 30-50% cheaper to scale than our competitors. Our technology has the potential to reac..."}],"recent_posts":[],"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-04T06:37:27Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-04T05:02:16Z","as_of":"2026-06-04T06:37:27Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-04T05:02:16Z","as_of":"2026-06-04T06:37:27Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-04T06:37:27Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-04T06:37:27Z","confidence":"medium"}}}}}}