What does Reusables.com do?
Reusables.com develops a hardware-enabled SaaS platform that offers a data-driven ecosystem for institutional food service operators to manage reuse effectively. The platform includes Smart Return Bins that enable 24/7 automated and contamination-free returns.
How much did they raise?
The company raised $2.6M in a funding round led by StandUp Ventures and Amplify Capital, with additional participation from Sandpiper Ventures and Emend Vision Fund.
What are their plans for the money?
With the new funds, Reusables.com plans to expand its enterprise partnerships across North America, grow its team, and enhance its hardware-enabled SaaS model to support large-scale foodservice and retail operations, potentially transforming waste reduction practices on a broad scale.
What have they achieved so far?
Reusables.com has already achieved significant progress by deploying its Smart Return Bins at over 34 locations, serving universities, corporate campuses, health care facilities, and food service operators committed to eliminating single-use waste.