RTS - About the company
RTS is a series C company based in New York City (United States), founded in 2015 by Adam Pasquale and Gregory R Lettieri. It operates as a Smart waste collection company. RTS has raised $110M in funding from investors like Volition Capital, Edison Partners and Citi Ventures, with a current valuation of $*****. The company has 248 active competitors, including 29 funded and 3 that have exited. Its top competitors include companies like ScrapUncle, WeVOIS Labs and Plastic Bank.
Company Details
Recycle Track Systems is a US-based startup that offers on-demand waste management services. Provides a mobile application through which users can schedule a waste pickup service. Customers can choose from a wide variety of containers, wheelie bins, dumpsters & wheelie carts according to the requirement. Services offered are bulk e-waste removal, commercial recyclable waste collection, food waste removal, sustainability assessment, and waste management training. Has developed proprietary routing technology to assist the local waste hauliers to optimize the waste collection operations. Customers can request a free waste assessment service. Serves residential sites, restaurants, grocery stores, hospitals & event management firms.
- Website
- www.rts.com/
- Email ID
- *****@rts.com
Key Metrics
Founded Year
2015
Location
New York City, United States
Stage
Series C
Total Funding
$110M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 24, 2021
Investors
Ranked
10th among 248 active competitors
Employee Count
186 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with RTS
RTS is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RECYCLE TRACK SYSTEMS, INC. CIN: 6608257 , United States, Active | Aug 18, 2014 | - | 404 (As on Dec 31, 2020) | - |
RTS HOLDINGS, LLC CIN: 461578437 , United States, Active | Dec 31, 2014 | - | 980 (As on Dec 31, 2024) | - |
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RTS's funding and investors
RTS has raised a total funding of $110M over 6 rounds. Its first funding round was on Feb 25, 2015. Its latest funding round was a Series C round on Jan 24, 2025 for $*****. 3 investors participated in its latest round. RTS has 10 institutional investors.
Here is the list of recent funding rounds of RTS:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 24, 2025 | 4064338 | Series C | 7124381 | 9243932 | 8582143 | 8295120 |
Jun 24, 2021 | 7519523 | Series C | 5964472 | 5524544 | 9131243 | |
Feb 05, 2019 | 7543898 | Series B | 9145551 | 8778896 | 7880585 | 2821641 |
View details of RTS's funding rounds and investors
RTS's founders and board of directors
Founder? Claim ProfileHere are the details of RTS's key team members:
- Adam Pasquale: Former Co-Founder of RTS. They serve on the board of 1 company.
- Gregory R Lettieri: Co-Founder & CEO of RTS. Contact Info: 1 email address
RTS's Board of Directors
RTS's board has 3 active members. Adam Pasquale, Gregory Lettieri and Arthur Curcuru are independent board members.Here is the list of RTS's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 11y 0m | |
ylxykgo | Independent board member | - | Current | 2y 3m |
janzkhw | Independent board member | - | Current | 7y 9m |
View details of RTS's Founder profiles and Board Members
RTS's employee count trend
RTS has 186 employees as of Mar 26. Here is RTS's employee count trend over the years:
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RTS's Competitors and alternates
Top competitors of RTS include ScrapUncle, WeVOIS Labs and Plastic Bank. Here is the list of Top 10 competitors of RTS, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ScrapUncle 2019, Delhi (India), Seed | Provider of a digital recycling platform | $4.32M | 63/100 | |
2nd | WeVOIS Labs 2018, Jaipur (India), Series A | Provider of eco-friendly waste management services | $10.2M | 63/100 | |
3rd | Plastic Bank 2013, Vancouver (Canada), Seed | Provider of a social fintech platform for plastic waste collection and recycling | - | 54/100 | |
4th | Platform utilizing technology to collect, tag, and analyze household dry waste for recycling purposes | $1.22M | 53/100 | ||
5th | RecycleSmart 2019, Sydney (Australia), Seed | Provider of waste collection solution | $3.16M | 53/100 | |
6th | Provider of reward-based recycling solutions | $5.73M | 51/100 | ||
7th | Recyclebank 2004, New York City (United States), Acquired | Discounts and deals based recycling program | $90.1M | 47/100 | |
8th | Provider of end-to-end digital solutions for waste generators, connecting them with recyclers and offering sustainable waste-commerce solutions | - | - | 45/100 | |
9th | Company is a provider of on demand waste collection services | - | 44/100 | ||
10th | RTS 2015, New York City (United States), Series C | Smart waste collection company | $110M | 44/100 |
Looking for more details on RTS's competitors? Click here to see the top ones
RTS's Investments and acquisitions
RTS has not made any investments yet. RTS has made 4 acquisitions.Here is the list of latest three $acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 30, 2023 | Acquisition | 2008 | Richmond (Canada) | |
Jan 10, 2022 | Acquisition | 2007 | Bentley (Australia) | |
Oct 22, 2020 | Acquisition | 2018 | New York City (United States) |
See all acquisitions by RTS
Reports related to RTS
Here is the latest report on RTS's sector:
News related to RTS
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RTS raises $40M, sues investor K1 over alleged takeover planWaste Dive•Jan 24, 2025•RTS, Edison Partners, Volition Capital, StepStone Group and 1 other
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Edison Partners Backs AI-Driven Acoustic-Technology Provider SeismosThe Wall Street Journal•Jul 10, 2024•Edison Partners, Seismos, Archie Group, Edison and 3 others
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Kansas City Royals and RTS Forge Strategic Partnership for Enhanced Sustainability at Kauffman StadiumPR Newswire•Mar 21, 2024•MLB, RTS
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Ball Aluminum Cups installs reverse vending machine at US ski resortPackaging Gateway•Mar 15, 2024•Copper Mountain, Ball, Powdr, RTS
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Recycle Track Systems has acquired RecycleSmart Solutions, Inc., a leading Canadian waste services providerSilicon Valley Journals•Mar 30, 2023•RTS, RecycleSmart
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Recycle Track Systems announces acquisition of Cycle TechnologyPR Newswire•Feb 14, 2023•RTS, Cycle Technology, Inc., Cycle Technology
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Edison Partners Finalizes Fund X, Addressing Requirements in Growth Equity MarketCrowdfund Insider•Apr 06, 2022•Kaiyo, MacroFab, New Mexico Educational Retirement Board, Spiffy and 8 others
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