Recyle Track Systems

Recyle Track Systems

Integrated commercial waste management and recycling

Overview

RTS provides commercial waste management services that help businesses and communities reduce environmental impact. It offers integrated waste programs, on-demand pickup, customized waste collection, recycling, and sustainability plans tailored to each client. The product works via an app to schedule pickups, track activities, and receive alerts, while in-person assessments shape optimal collection schedules and diversion strategies. The goal is to help clients manage waste more efficiently and sustainably by delivering data-driven planning, reliable support, and clear pricing.

About Recyle Track Systems

Simplify's Rating
Why Recyle Track Systems is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consulting

Industrial & Manufacturing

Consumer Software

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$148M

Headquarters

New York City, New York

Founded

2014

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Simplify's Take

What believers are saying

  • $40M Series E funding from Edison Partners accelerates AI and North America expansion.
  • Ten-year NYC contract advances sustainability with local haulers using Pello.
  • Kansas City Royals partnership expands Midwest footprint from Columbus office.

What critics are saying

  • Edison Partners' less favorable $40M terms enable hostile takeover control.
  • NYC contract loss eliminates material revenue in 24-48 months.
  • Pello sensor failures undermine real-time tracking value in 12-24 months.

What makes Recyle Track Systems unique

  • RTS deploys AI-powered Pello sensors for real-time waste data collection.
  • RTS acquired Cycle Technology's RVM and gamified recycling rewards platform.
  • RTS app enables Uber-like on-demand waste pickups and diversion tracking.

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Funding

Total Funding

$148M

Above

Industry Average

Funded Over

7 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Paid Holidays

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

0%

2 year growth

-2%
Middle Market Information LLC
Feb 7th, 2025
Portco Alleges Investor Attempted Hostile Takeover

RTS says it staved off default by accepting $40 million in funding on less favorable terms from existing investors led by Edison Partners.

PR Newswire
Jan 24th, 2025
RTS Secures $40M for AI Innovation

Recycle Track Systems (RTS) has secured over $40 million in financing to enhance AI innovation and expand sustainable waste solutions across North America. Led by Edison Partners, with participation from Volition Capital and others, the funding will accelerate RTS's deployment of AI-powered Pello sensors, enabling real-time waste data collection. RTS has also secured a ten-year contract in NYC, advancing sustainability initiatives with local haulers.

The CSR Company International
Apr 12th, 2024
TRUE Zero Waste Certification: Tapestry Hits Milestone in Efforts To Reduce Operational Waste

As a part of the certification process, Csr Company partnered with the sustainability team at Recycled Track Systems (RTS) and established some programs and initiatives at its Workshop, including but not limited to:

PR Newswire
Mar 20th, 2024
Kansas City Royals And Rts Forge Strategic Partnership For Enhanced Sustainability At Kauffman Stadium

KANSAS CITY, Mo., March 20, 2024 /PRNewswire/ -- The Kansas City Royals and Recycle Track Systems, Inc. (RTS), a leader in waste management and recycling solutions with their leading-edge Artificial Intelligence tracking platform, are pleased to announce a strategic partnership aimed at elevating sustainability efforts at Kauffman Stadium. Beginning with the 2024 season, this collaboration represents a forward-thinking approach to environmental stewardship within the sports arena. Kansas City Royals and RTS Forge Strategic Partnership for Enhanced Sustainability at Kauffman Stadium. RTS is excited to extend its reach into Kansas City, continuing its rapid expansion in the Midwest that has spread from its Columbus, Ohio office. The new partnership signifies RTS's commitment to enhancing its footprint in the region and amplifying its sustainability initiatives across the Midwest

PR Newswire
Feb 13th, 2023
Recycle Track Systems announces acquisition of Cycle Technology

Recycle Track Systems, Inc. (RTS), has acquired Cycle Technology, Inc. (Cycle), including its reverse vending machine (RVM) technology and recycling rewards platform, as part of ongoing commitment to increase innovation by expanding recycling through engagement programs, like gamification and rewards.

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