Major Funding Announced for Technology that Helps Corporations Reuse Assets and Avoid Excess Waste

Read the full story at Environment & Energy Leader.

Rheaply, a climate tech company that combines a resource-sharing network with a user-friendly asset management platform, today announced that it has raised $2.5 million in a seed round led by Hyde Park Angels, with participation from Concentric Equity Partners, M25, Techstars Ventures, and individual angel investor Walter A. Winshall. These funds will enable Rheaply to further invest in the platform and build out its engineering, product development, and marketing teams. In turn, this will galvanize the company as it works to help organizations achieve their sustainability objectives.

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