Rheaply

Rheaply is a resource exchange platform helping industry-leading organizations better visualize, quantify, and utilize their purchased goods, materials, and resources.

Rheaply helps companies quantify and manage their purchased goods and resources in order to cut carbon emissions.

Rheaply was founded in 2016 by Garry Cooper and Tyle Skelton. The company is headquartered in Chicago, Illinois.

 

The Rheaply platform is a cloud-based resource exchange technology application for connecting people and organizations with resources, improving reuse outcomes, and catalyzing the circular economy.

 

Rheaply's solution combines an asset management system with an online marketplace, and enables organizations to exchange materials and resources effectively, eliminating unnecessary waste, avoiding carbon emissions, and reducing spend.

 

Rheaply services private enterprises such as Google, Exelon, and AbbVie among others. Rheaply recently launched the estimated embodied carbon avoidance feature and a partnership with the City of San Francisco and the Carbon Neutral Cities Alliance.

 

Rheaply is backed by Microsoft’s Climate Innovation Fund, Energy Impact Partners, PSP Growth, High Alpha, Revolution’s Rise of the Rest Seed, Hyde Park Angels, Concentric Equity Partners, M25, John Doerr Family Trust, Coupa Ventures, and others. The company raised $20M in new round on Jun 08, 2022. This brings Rheaply's total funding to $32.7M to date.

 

 

  • Year founded: 2016
  • Funding Info: $32.7M over 4 Rounds (Latest Funding Type: Venture- Series Unknown)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Chicago
  • State: Illinois
  • Country: United States
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