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Rheaply

Resource exchange platform

Rheaply logo
21-100 employees
  • B2B
  • Marketplace
  • Sustainability
  • Sharing Economy
  • SaaS
  • Procurement
Chicago Loop, Chicago, IL

Company mission

To build a connected community with transformative technology where every workplace resource finds its next use.

Top investors

46% employee growth in 12 months

Our take

Studies suggest that in the US economy, billions of physical workplace assets are left unused every year. Rheaply combines an asset management platform with an online marketplace to help tackle this significant problem, helping both large and small businesses reduce their carbon footprint through the circular economy.

The system was developed to make it easier for businesses to better manage, use, and share valuable resources, both within and across organizations - helping to eliminate unnecessary waste and spend. Rheaply is now used by enterprises, institutions, and government organizations, with clients including Google, the US Air Force, MIT, Rutgers University, and Barnard College.

The company has seen significant funding which has helped scale investment into its tech as well as further developing its consulting services. Through this combined effort, Rheaply hopes to help more businesses achieve their sustainability goals. It also looks to growing its partnership program to incorporate companies into the circular economy.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • 401k Plan
  • Unlimited PTO
  • Personal & Professional Development
  • Health, Dental, & Vision Insurance
  • Extended Weekends
  • Friendly Culture

Company values

  • We care about our communities and the environment
  • We listen to and delight our users
  • We encourage individual team member growth, innovation, and happiness
  • We value transparency, humility, and open communication
  • We promote a collaborative culture of learning and problem-solving
  • We are tenacious and own our work
  • We strive to be helpful

Funding (last 2 of 5 rounds)

Jun 2022

$20m

LATE VC

Dec 2021

$0.1m

GRANT

Total funding: $32.8m

This company has top investors

Leadership

After leading a drug discovery effort to treat Parkinson's disease at Northwestern University, Garry became a Scholar at Google for Entrepreneurs. They are part of the Techstars Chapter Advisory Board which focuses on economic empowerment.

Tyler Skelton

(Head of Design)

After working as a Design and Marketing Associate at Skelton, Tyler worked in Marketing Production for Healthiest Employers. Before co-founding Rheaply, they founded The Nines and worked as a Senior UX/UI Designer for Guaranteed Rate.

After working as a Business Analyst for Rush University Medical Centre, Peter worked as a Software Developer for Rosenthal Collins Group and Fippex, and was Senior Software engineer for Guaranteed Rate.