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Recycle Track Systems
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Commercial waste management with on-demand pickup
Recycle Track Systems
Work Here?
Commercial waste management with on-demand pickup
Overview
Recycle Track Systems (RTS) provides commercial waste management by delivering integrated waste services, on-demand pickups, and customized recycling and sustainability plans for businesses and communities. Its product works through in-person analyses of a client’s needs to design optimal waste collection routes and diversion strategies, then uses an app-based platform to schedule pickups, track waste activities, and receive notifications. RTS combines managed services with technology to streamline operations, offering upfront costs and reliable customer support. The company differentiates itself with tailored, data-driven waste diversion plans and an on-demand pickup app that gives real-time visibility into waste management activities. Its goal is to help clients reduce environmental impact while improving efficiency and transparency in their waste programs.
About Recycle Track Systems
Industries
Data & Analytics
Industrial & Manufacturing
Energy
Enterprise 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
- Edison led a $40 million financing in January 2025, funding sensor rollout.
- RTS launched Pello at Citi Field in 2026, proving marquee customer demand.
- Kansas City Royals and NYC contracts validate RTS's sustainability platform with blue-chip operators.
What critics are saying
- RTS sued K1 on January 21, 2025, exposing lender control and governance fragility.
- The company entered a $40 million rescue round after near-default, signaling weak balance-sheet leverage.
- Pello adoption depends on stadiums and municipal contracts; losing NYC would cripple expansion.
What makes Recycle Track Systems unique
- RTS pairs waste brokerage with Pello sensors, giving bins real-time contamination data.
- RTS won NYC commercial waste zones in January 2025, a rare regulated beachhead.
- RTS owns RecycleSmart in Canada, extending operations and its AI hardware stack.
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Funding
Total Funding
$148M
Above
Industry Average
Funded Over
7 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Holidays
Professional Development Budget
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↑ 1%2 year growth
↑ 1%RTS says it staved off default by accepting $40 million in funding on less favorable terms from existing investors led by Edison Partners.
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.
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:
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
Recycle Track Systems, Inc. (RTS), a leader in cutting edge traceability and sustainability solutions utilized in the materials, waste, and recycling industry, has acquired the assets of 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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About Recycle Track Systems
Industries
Data & Analytics
Industrial & Manufacturing
Energy
Enterprise Software
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$148M
Headquarters
New York City, New York
Founded
2014
Recycle Track Systems is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today