When was Oceanworks founded?

Oceanworks was founded in 2016 and raised its 1st funding round 6 years after it was founded.

Where is Oceanworks located?

Oceanworks is headquartered in Los Angeles, United States.

Who is the current CEO of Oceanworks?

Rob Ianelli of Oceanworks. They have also founded 1 company.

How many employees does Oceanworks have?

As of May 31, 2026, the latest employee count at Oceanworks is 21.

Is Oceanworks a funded company?

Oceanworks is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Mar 30, 2022.

When was the latest funding round of Oceanworks?

Oceanworks' latest funding was a $***** Seed round on Mar 30, 2022, with participation from 1 investor.

Where does Oceanworks rank among its competitors?

Oceanworks ranks 3rd amongst 3 active competitors, of which 2 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Circular, which secured $5.3M in Mar, 2024.

Who are the top competitors of Oceanworks?

Oceanworks' top competitors include Circular, Scrapo and Omnivor. Among them, Circular secured the most recent funding round in March, 2024.

Oceanworks - 2026 Company Profile, Team, Funding & Competitors

Oceanworks is a seed company based in Los Angeles (United States), founded in 2016 by Rob Ianelli. It operates as a Provider of recycled plastic solutions and waste removal services. Oceanworks has raised an undisclosed amount in funding from BASF. The company has 3 active competitors, including 2 that are funded. Its top competitors are Circular, Scrapo and Omnivor.

Company Details

Provider of recycled plastic solutions and waste removal services. It offers a platform to measure plastic footprints, source recycled materials, and fund plastic waste removal initiatives. The company provides traceability and transparency throughout the supply chain, ensuring quality and reliability of recycled plastic materials. It also offers a program that guarantees the removal of plastic waste from the environment. Services include material sourcing, supply chain tracking, and plastic offsetting.

Key Metrics

Founded Year

2016

Location

Los Angeles, United States

Stage

Seed

Latest Funding Round

Seed, Mar 30, 2022, $*****

Investors

BASF

Ranked

3^rd among 3 active competitors

Employee Count

21 as on May 31, 2026

Similar Companies

Circular & 14 more

View Oceanworks' full profile

Oceanworks has raised funding over 1 round. Its latest funding round was a Seed round on Mar 30, 2022 for $*****. 1 investor participated in its latest round. Oceanworks has 1 institutional investor.

Here is the list of recent funding rounds of Oceanworks:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 30, 2022	4611064	Seed	8998531	9200462	7735049	3651240

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View details of Oceanworks's funding rounds and investors

The founders of Oceanworks is Rob Ianelli. Rob Ianelli is the CEO of Oceanworks.

Here are the details of Oceanworks' key team members:

Rob Ianelli: Co-Founder & CEO of Oceanworks.
Contact Info: 1 email address

View details of Oceanworks's Founder profiles and Board Members

Oceanworks' employee count trend

Oceanworks has 21 employees as of May 26. Here is Oceanworks's employee count trend over the years:

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Top competitors of Oceanworks include Circular, Scrapo and Omnivor. Here is the list of Top 10 competitors of Oceanworks, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Circular 2010, San Francisco (United States), Series A	Provider of AI-powered sourcing solutions for sustainable materials	$10.5M	Eclipse, Oxygea & 1 others	50/100
2nd	Scrapo 2017, Austin (United States), Unfunded	Plastic recycling marketplace	-	-	31/100
3rd	Oceanworks 2016, Los Angeles (United States), Seed	Provider of recycled plastic solutions and waste removal services	-	BASF	28/100
4th	Omnivor 2021, United States, Deadpooled	Online platform offering recycling solutions	-	-	15/100