NEW YORK, NY, Recycle Track Systems (RTS), a leader in the waste and recycling management industry, today announced the closing of its Series C round of financing.
Citi Impact Fund led the $35 million investment round as part of its commitment to investing in American companies applying innovative solutions to help address some of society's most pressing challenges. The funding will be used to support RTS's efforts to redefine materials management and develop zero-waste programs for a more sustainable future.
RTS also received investment from Edison Partners, Cue Ball, Greenspring Associates, Gaingels and the Partnership for New York City, a nonprofit organization dedicated to mobilizing private sector resources and expertise to advance the city's standing as a global center of commerce, innovation, and economic opportunity. Previous investment rounds were led by Volition Capital and Greenspring Associates.
Recycle Track Systems is pioneering a better way to manage waste and recycling. RTS combines technology with high-touch service to make waste disposal easier, smarter, and more responsible. From on-demand removal to fully integrated waste management solutions, RTS helps companies and municipalities easily track and optimize their pickups. Using data insight, RTS empowers clients with visibility into their waste habits and tangible figures on their climate impact to improve their waste and recycling practices. RTS is a certified B-Corporation, reflecting its dedication and commitment to meeting stringent standards of environmental transparency and performance. For more information, visit rts.com. For more information on zero waste, visit zerowaste.com.
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