Ridwell

Ridwell

Door-to-door collection of hard-to-recycle waste

About

Ridwell focuses on the collection and recycling of hard-to-recycle items, such as plastic film, batteries, light bulbs, and threads, which are often discarded in regular waste. The service is designed for households that want to minimize their waste footprint and offers door-to-door collection every two weeks, making recycling more convenient. Clients subscribe to the service for a regular fee, and Ridwell partners with vetted organizations to ensure the collected items are recycled or reused properly. Unlike many waste management services, Ridwell specifically targets items that are difficult to recycle and promotes a culture of sustainability within communities. The goal is to reduce landfill waste and encourage recycling and reuse.

Company Stage

Seed

Employees

51-200

Industries

Social Impact, Consumer Goods

Total Funding

$30.9M

Headquarters

N/A

Founded

2019


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Simplify's Take

What believers are saying

  • Expansion into new markets like Burbank and Denver indicates strong growth potential and increasing demand for their services.
  • Partnerships with companies like HydroBlox and community initiatives like 'Save the Land, Fill the Bin' campaign highlight Ridwell's commitment to sustainability and innovation.
  • Unionization of workers under Teamsters could lead to improved working conditions and employee satisfaction, fostering a more stable workforce.

What critics are saying

  • The niche focus on hard-to-recycle items may limit market size and scalability compared to broader waste management services.
  • Expansion into multiple states could strain operational capabilities and lead to logistical challenges.

What makes Ridwell unique

  • Ridwell focuses on hard-to-recycle items, a niche often overlooked by traditional waste management services.
  • Their door-to-door collection service offers unparalleled convenience, setting them apart from competitors who require clients to transport their waste.
  • The subscription-based model ensures a steady revenue stream while fostering a committed community of environmentally conscious households.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

27%

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