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The Rounds

The Rounds

Subscription service for sustainable household essentials

About

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. By partnering with local businesses, The Rounds ensures that many products are sourced locally, such as fresh bread and coffee. The company aims to provide convenience while promoting environmental responsibility, appealing to consumers who want to minimize their waste footprint.

Company Stage

Series A

Employees

51-200

Industries

Consumer Software, Consumer Goods

Total Funding

$60.2M

Headquarters

N/A

Founded

2019


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Simplify's Take

What believers are saying

  • The recent $38 million Series A funding round provides significant capital for expansion and innovation.
  • Participation in the Moderne Passport Program offers valuable industry exposure and growth opportunities.
  • Expansion into new markets like Fort Lauderdale indicates strong growth potential and increasing demand for sustainable delivery services.

What critics are saying

  • The niche market of eco-conscious consumers may limit the company's growth potential compared to broader market competitors.
  • Dependence on local partnerships for product sourcing could pose challenges in maintaining consistent quality and supply.

What makes The Rounds unique

  • The Rounds' zero-waste, closed-loop system sets it apart from traditional delivery services by eliminating single-use plastics and cardboard.
  • Their partnership with local businesses for product sourcing ensures fresh, locally-sourced items, enhancing community support and sustainability.
  • The subscription-based model with a focus on eco-friendly household essentials targets a niche market of environmentally conscious consumers.

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Growth & Insights
Headcount

6 month growth

12%

1 year growth

-16%

2 year growth

-25%

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