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The Rounds
Work Here?
Subscription service for sustainable household essentials
The Rounds
Work Here?
Subscription service for sustainable household essentials
About The Rounds
Industries
Consumer Software
Consumer Goods
Company Size
51-200
Company Stage
Series B
Total Funding
$62M
Headquarters
Philadelphia, Pennsylvania
Founded
2019
Overview
The Rounds delivers sustainable household essentials through a subscription service. Customers pay a monthly fee to receive a selection of 120 eco-friendly products, including items for the home, pantry, and personal care. The products come in refillable packaging, which are picked up, cleaned, and reused, creating a zero-waste system that reduces reliance on single-use plastics. The Rounds partners with local businesses to source fresh products, ensuring quality and supporting the community. The company aims to provide convenience while promoting environmental responsibility, appealing to consumers who want to minimize their waste footprint.
Simplify's Take
What believers are saying
- Increased consumer interest in zero-waste solutions aligns with The Rounds' business model.
- Subscription-based services create predictable revenue and customer loyalty for The Rounds.
- Partnerships with local businesses enhance community engagement and brand loyalty.
What critics are saying
- Integration with Misfits Market could disrupt service continuity if not managed well.
- Expansion into new product categories may complicate logistics and increase costs.
- Reliance on local partnerships could be a vulnerability if suppliers face disruptions.
What makes The Rounds unique
- The Rounds offers a zero-waste delivery service with refillable packaging.
- They partner with local businesses for sustainable product sourcing.
- Their subscription model provides convenience and supports eco-conscious consumer habits.
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Funding
Total Funding
$62M
Above
Industry Average
Funded Over
2 Rounds
First Round Capital
Andreessen HorowitzIndustry standards
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↓ -6%In a move to reduce food waste and expand its pantry, Misfits Market, the champion of imperfect groceries, has acquired The Rounds, a household restocking service.
Misfits Market, an online grocery platform, has acquired The Rounds, a household restocking service. Misfits Market will integrate over 250 items from The Rounds' inventory, expanding into household items. The Rounds has raised $66 million from investors. Misfits Market offers a $30 credit and a free one-year Misfits+ membership to transition The Rounds' customers. The acquisition is part of Misfits Market's growth strategy, following its purchase of Imperfect Foods in 2022.
To minimize waste, The Rounds Co. partner with Dispatch Goods, which specializes in reusable alternatives to single-use packaging.
Arlington, Va.-based The Rounds, a sustainability firm focused on reusable packaging for deliveries, has closed a $24 million Series B round led by Chicago-based Moderne Ventures, with participation from New York's FJ Labs and existing investors.
The Rounds raises $24M in Series B funding.
There are no jobs for The Rounds right now.
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About The Rounds
Industries
Consumer Software
Consumer Goods
Company Size
51-200
Company Stage
Series B
Total Funding
$62M
Headquarters
Philadelphia, Pennsylvania
Founded
2019
There are no jobs for The Rounds right now.
Find jobs on Simplify and start your career today