# RTS Holding

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rts-holding

- Industry: Software
- Headquarters: New York, US
- Website: www.rts.com
- Total disclosed funding: $43M
- Latest round: Series C (Apr 16, 2021)
- Investors on record: 7

## About

Based in the US, RTS Holding, Inc. is a waste management company dedicated to providing innovative recycling solutions and efficient waste disposal services for diverse sectors.RTS Holding, Inc. specializes in waste management solutions and was founded in 2014 in New York, US. The company has pivoted towards sustainability in its operations and offers a range of recycling services to its clients. The firm was co-founded by Adam Pasquale and Gregory Lettieri, who has a history of entrepreneurship in the waste management sector. RTS has raised USD 40.00 mn in its latest funding round on January 24, 2025, led by Edison Partners, with participation from Volition Capital and StepStone Group.RTS specializes in innovative waste management solutions, focusing on sustainability and efficiency for businesses across various sectors. The core offerings include customized waste collection, recycling services, and consulting to help clients meet their sustainability goals. They utilize an on-demand app for convenient waste pickups, enabling clients to schedule services quickly and efficiently, often within 24 hours. Clients range from grocery stores and hospitals to municipalities and universities, reflecting a diverse customer base that seeks tailored solutions for managing cardboard, construction debris, e-waste, food waste, and more. RTS operates primarily in major urban markets in the United States, including New York City, Chicago, and Dallas, as well as expanding into Canada through the acquisition of Canadian RecycleSmart.Revenue generation for RTS is driven through B2B transactions, primarily involving service contracts and on-demand collections. Clients typically engage with RTS for recurring waste and recycling pickups, alongside consulting services that support sustainable practices. The company offers flexible service models, which may include subscription-based pricing for long-term clients, as well as direct service fees for one-time pickups scheduled through their app. These tailored contracts enable RTS to establish steady revenue streams while catering to the specific needs of various industries, including hospitality and event management. The company’s innovative solutions, such as the smart bin sensors and reverse vending machines, further enhance their service offerings, contributing to their overall service portfolio and client satisfaction.In January 2025, RTS Holding, Inc. raised USD 40.00 mn in venture funding led by Edison Partners, which will be utilized to transform its waste management platform and expand its footprint across the US and Canada. The company aims to launch new products designed to enhance service efficiency and sustainability, with specific timelines to be determined. RTS is focused on entering new markets across Canada and enhancing its presence in existing urban areas, leveraging the recent funding to support these initiatives.

## Funding rounds

- Series C, Apr 16, 2021, $32M — Edison Partners, Greenspring Associates, Cue Ball Capital, Partnership Fund for New York City, Citi Ventures, Gaingels
- Series A, Jul 7, 2017, $12M — Volition Capital

## Investors

- Volition Capital (https://capitalatlas.ai/funds/volition-capital) — Series A
- Edison Partners (https://capitalatlas.ai/funds/edison-partners) — Series C
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series C
- Cue Ball Capital (https://capitalatlas.ai/funds/cue-ball-capital) — Series C
- Partnership Fund for New York City (https://capitalatlas.ai/funds/partnership-fund-for-new-york-city) — Series C
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series C
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series C