# Rheaply

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rheaply

- Industry: Software
- Headquarters: Chicago, US
- Website: www.rheaply.com
- Total disclosed funding: $28M
- Latest round: Series A (Jun 6, 2022)
- Investors on record: 15

## About

Founded in 2015 and based in Illinois, US, Rheaply, Inc. climate tech company that combines a resource-sharing network with an asset management platform. The firm was founded by Garry Cooper and Tyler Skelton and has raised a total funding of USD 10.5 million as of 2021.

Rheaply, Inc. operates Asset Exchange Manager(AxM)™ that connects entities and enables enterprises to trade, manage, and transact physical assets inside and outside organizations, tracking of corporate inventories, and access to reports on asset utilization. The firm's platform also enables organizations to eliminate potential wastes by instituting the economic model that emphasizes designing out waste and pollution, keeping products and materials in use, and regenerating natural systems.

Rheaply, Inc. plans to use its Series A funding in February 2021 to invest in carbon and sustainability-related reporting features, implement user sharing controls and improve the user interface framework.

## Funding rounds

- Series A, Jun 6, 2022, $18M — Revolution Ventures, Techstars, Hyde Park Angels, PSP Partners, Salesforce Ventures, Emerson Collective, High Alpha, Energy Impact Partners, Coupa Ventures
- Series A, Feb 16, 2021, $8M — Morgan Stanley Investment Management, Revolution Ventures, Hyde Park Angels, Salesforce Ventures, High Alpha, M25, Westbound, MCJ, 100 Black Angels & Allies
- Seed, Mar 17, 2020, $2.5M — Concentric Equity Partners, Techstars, Hyde Park Angels, M25

## Investors

- Concentric Equity Partners (https://capitalatlas.ai/funds/concentric-equity-partners) — Seed
- Techstars (https://capitalatlas.ai/funds/techstars) — Seed, Series A
- Hyde Park Angels (https://capitalatlas.ai/funds/hyde-park-angels) — Seed, Series A
- M25 (https://capitalatlas.ai/funds/m25) — Seed, Series A
- Morgan Stanley Investment Management — Series A
- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Series A
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series A
- High Alpha (https://capitalatlas.ai/funds/high-alpha) — Series A
- Westbound (https://capitalatlas.ai/funds/westbound) — Series A
- MCJ (https://capitalatlas.ai/funds/mcj) — Series A
- 100 Black Angels & Allies (https://capitalatlas.ai/funds/100-black-angels-allies) — Series A
- PSP Partners (https://capitalatlas.ai/funds/psp-partners) — Series A
- Emerson Collective — Series A
- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Series A
- Coupa Ventures (https://capitalatlas.ai/funds/coupa-ventures) — Series A