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Rheaply
Rheaply is a B2B SaaS resource management technology to scale reuse and the circular economy within organizations, helping lower procurement and storage costs and reduce waste
About Rheaply
Rheaply is a pioneering startup that operates in the circular economy market, focusing on resource exchange and reuse to help organizations reduce waste and greenhouse gas (GHG) emissions. The company provides a technology platform that enables businesses to source, procure, and use resources more efficiently. By leveraging Rheaply's platform, organizations can make data-informed purchasing decisions that consider sustainability, financial impact, and engagement metrics.
Rheaply serves a diverse range of clients, including large corporations, small businesses, and public sector entities. These clients are often looking to enhance their sustainability efforts, reduce costs, and improve operational efficiency. The platform is particularly valuable for facilities teams needing to quickly source parts for repairs, as well as for CEOs and sustainability officers aiming to meet climate action goals.
The business model of Rheaply revolves around providing a ready-made resource exchange platform that organizations can integrate into their operations. This platform facilitates the exchange and reuse of resources within and between organizations, thereby reducing the need for new purchases and minimizing waste. Rheaply generates revenue through subscription fees for access to its platform, as well as through consulting services that help organizations implement and optimize their resource exchange programs.
Rheaply's technology not only helps organizations save money but also contributes to broader societal benefits. By promoting the reuse of materials, Rheaply supports local businesses, creates new jobs, and aids in the transition to a more sustainable, circular economy. The company has been recognized for its innovative approach, including being featured as a top green building product by the U.S. Green Building Council (USGBC).
In summary, Rheaply is transforming how organizations manage resources, driving both economic and environmental benefits. The company's platform empowers clients to make smarter, more sustainable choices, ultimately contributing to a circular future.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2015
- Headquarters
- Chicago, United States
- Employees
- 30
- Open positions
- 1
- Dealroom signal
- 62.4/100
- Industry
- Energy, Enterprise Software
- Sub-industry
- Waste Solution
- Sector
- Energy, Charity, Recycling, Waste Reduction, Sustainable Development Goals, Govtech and Civictech, Climate Tech, Circular Economy, Hard Tech
- Business model
- Marketplace & ecommerce, SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VC✓Equity / VC | Jun 2022 | $20M | $80M | Techstars · Coupa · Salesforce Ventures · High Alpha | ↗ |
| GRANT✓Other financing | Dec 2021 | $100K | — | US Environmental Protection Agency | ↗ |
Growth signals
Latest recorded traffic for Rheaply is 16K monthly website visits, up 14.3% over the last three months. Rheaply's team declined 16.7% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed6 investors entered at this stage
Techstars
Hyde Park Angels
M25
Walter Winshall
Concentric Equity Partners
US Environmental Protection Agency
Series A10 investors entered at this stage
High Alpha
MCJ Collective
Salesforce Ventures
100 Black Angels + Allies Fund
Morgan Stanley
Rise of the Rest
Westbound Equity Partners
Microsoft for Startups MEA- MFMicrosoft Climate Innovation Fund
Solve Innovation Future
Series B and later9 investors entered at this stage
- CFCarbon Neutral Cities Alliance Game Changer Fund
Revolution
Coupa
Energy Impact Partners
Joe Thomas
Emerson Collective- PCPSP Capital
Rankin Family Ventures- JTJohn Doerr Family Trust
Other known investors11 additional known investors
Anthony Oni
Blackbox
Bradley Horowitz
Catalyst by Wellstar
Collide Capital
Microsoft
Morgan Stanley Inclusive Ventures Lab
Riyadh Techstars Accelerator
Sap.io
Slojo Investments
Small Business Innovation Research
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Rheaply on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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