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The Rounds
Work Here?
Subscription service delivering refillable, sustainable essentials
The Rounds
Work Here?
Subscription service delivering refillable, sustainable essentials
Overview
The Rounds delivers sustainable household essentials through a $10 monthly subscription. Products come in refillable packaging and empty containers are picked up, cleaned, and reused in a zero-waste, closed-loop system. It partners with local businesses to source items like bread, coffee, and honey and provides weekly deliveries. The goal is to help eco-conscious customers save time and reduce waste by making sustainable living easy and accessible, with a distinct focus on a refillable, container-pickup model and local sourcing.
About The Rounds
Industries
Food & Agriculture
Social Impact
Consumer Goods
Company Size
11-50
Company Stage
Series B
Total Funding
$62M
Headquarters
Philadelphia, Pennsylvania
Founded
2019
Simplify's Take
What believers are saying
- Misfits Market acquisition integrates 250 items, expanding market reach.
- $24M Series B from Moderne Ventures and FJ Labs fuels growth.
- Partnerships with Lancaster Farm Fresh add meat, cheese, eggs options.
What critics are saying
- Misfits Market erases The Rounds brand, transitions customers immediately.
- Premium subscribers churn to Imperfect Foods within 3-6 months.
- Loop secures Unilever deals, disrupts local partnerships in 6-12 months.
What makes The Rounds unique
- The Rounds delivers household essentials in refillable containers via e-bikes.
- Closed-loop system swaps empties weekly, eliminating single-use plastics.
- Partners locally for premium sustainable products like fresh bread and honey.
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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
↓ -3%1 year growth
↑ 13%2 year growth
↑ 23%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
Food & Agriculture
Social Impact
Consumer Goods
Company Size
11-50
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