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Rheaply

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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

Chicago, United StatesFounded 2015Energy
Valuation $100–250M Last recorded · 2022
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Rheaply and the history behind them.

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 data

At 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

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Jun 2022 $20M $80M Techstars · Coupa · Salesforce Ventures · High Alpha ↗
GRANT✓Other financing Dec 2021 $100K — US Environmental Protection Agency ↗
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Growth signals

Rheaply website traffic

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.

Latest monthly visits16K 3-month web change+14.3% 1-year team growth-16.7%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

36 investors on the cap table

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
  • Microsoft Climate Innovation Fund
  • Solve Innovation Future

Series B and later9 investors entered at this stage

  • Carbon Neutral Cities Alliance Game Changer Fund
  • Revolution
  • Coupa
  • Energy Impact Partners
  • Joe Thomas
  • Emerson Collective
  • PSP Capital
  • Rankin Family Ventures
  • John 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
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

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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