Ridwell

Ridwell

Collects and recycles hard-to-recycle items

About Ridwell

Simplify's Rating
Why Ridwell is rated
B
Rated C on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Food & Agriculture

Social Impact

Company Size

51-200

Company Stage

Seed

Total Funding

$30.9M

Headquarters

Seattle, Washington

Founded

2019

Overview

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 for households that want to reduce their waste footprint, providing door-to-door collection every two weeks. This service makes recycling more convenient by eliminating the need for clients to transport their waste to recycling centers. Ridwell partners with vetted organizations to ensure that the collected items are recycled or reused properly. The goal is to minimize landfill waste and foster a culture of recycling and reusing within the community.

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Simplify's Take

What believers are saying

  • Partnerships with companies like Alaska Airlines boost brand visibility and impact.
  • Expansion into Burbank strengthens their commitment to sustainability in Los Angeles.
  • Growing eco-conscious consumerism increases demand for Ridwell's recycling services.

What critics are saying

  • Unionization with Teamsters may increase operational costs or cause disruptions.
  • Expansion into new markets could strain resources and lead to inefficiencies.
  • Reliance on third-party partners may impact service delivery if issues arise.

What makes Ridwell unique

  • Ridwell focuses on hard-to-recycle items like plastic film and batteries.
  • They offer a convenient door-to-door collection service every two weeks.
  • Ridwell's subscription model provides a steady revenue stream and customer convenience.

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Funding

Total Funding

$30.9M

Above

Industry Average

Funded Over

0 Rounds

Benefits

Flexible Work Hours

Health Insurance

Dental Insurance

Vision Insurance

Parental Leave

401(k) Retirement Plan

Life Insurance

Disability Insurance

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
Alaska Airlines
Nov 15th, 2024
Seattle's Ridwell Partners with Alaska Airlines to Reduce Waste on Flights

As a member of our Green Team business resource group, she was excited to take part in Alaska Airlines' first feasibility test in partnership with Ridwell, aimed at reducing inflight waste headed to landfills.

Hazel Wolf K-8 School
Oct 25th, 2024
Ridwell Plastic Film Recycling Drive, Nov 1st

Ridwell will partner with Trex to turn it into decking planks!

My Burbank
Jun 24th, 2024
Ridwell Expands to Burbank, Strengthening Commitment to Sustainability in Greater Los Angeles

Ridwell expands to Burbank, strengthening commitment to sustainability in Greater Los Angeles.

Oregon Business
Jun 14th, 2024
Fighting a Plastic Planet

In response, Ridwell partnered with HydroBlox, a Pennsylvania-based company that turns multilayer plastic, including coffee bags, into composite drainage materials for landscaping use.

Teamsters
Dec 8th, 2023
Workers at Ridwell Vote Overwhelmingly to Join Teamsters

Since its founding in Washington State in 2018, Ridwell has expanded to Calif., Colo., Minn., and Texas.

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