Ridwell

Ridwell

Collects and recycles hard-to-recycle items

About

Ridwell focuses on the collection and recycling of hard-to-recycle items like plastic film, batteries, light bulbs, and threads, which are often thrown away due to limited recycling options. The company offers a subscription service that provides door-to-door collection every two weeks, making it easier for households to recycle these items without needing to transport them to a recycling center. Ridwell partners with vetted organizations to ensure that the collected waste is recycled or reused properly. Unlike many waste management services, Ridwell specifically targets hard-to-recycle materials and aims to create a community dedicated to reducing waste and promoting sustainability. The goal is to minimize landfill waste and foster a culture of recycling and reusing.

Company Stage

Seed

Employees

51-200

Industries

Food & Agriculture, Social Impact

Total Funding

$30.9M

Headquarters

Seattle, Washington

Founded

2019


Simplify Jobs

Simplify's Take

What believers are saying

  • Partnerships with major corporations like Alaska Airlines enhance Ridwell's corporate client base.
  • Expansion into new markets like Burbank reflects regional growth in the recycling industry.
  • Growing consumer interest in sustainability drives demand for Ridwell's innovative recycling solutions.

What critics are saying

  • Unionization efforts may increase labor costs and operational challenges for Ridwell.
  • Expansion into new markets may strain resources and lead to logistical challenges.
  • Reliance on subscription-based revenue may be risky during economic downturns.

What makes Ridwell unique

  • Ridwell focuses on hard-to-recycle items like plastic film and multi-layer plastics.
  • The company offers a convenient door-to-door collection service every two weeks.
  • Ridwell's subscription model provides a predictable revenue stream in the waste management sector.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

-5%

2 year growth

20%

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