Rheaply

Environmental Services (B2B) · Chicago, IL · Founded 2016 · Privately Held (backing)

Developer of a resource exchange platform designed to connect people and organizations with resources to improve reuse outcomes and catalyze the circular economy. Rheaply is based in Chicago, IL and was founded in 2016. Its last reported valuation was $82 million in Aug 2022. It has raised $34.3 million across 4 recorded rounds; the latest was a $1 million seed round in Apr 2025.

Last reported valuation
$82.0M
Oct 2026
Priced at
—
Total raised
$34.3M
Last round
Seed Round
Apr 2025
How much has Rheaply raised?
$34.3Macross 4 recorded rounds · Jan 2021 – Apr 2025

Most recently, Rheaply raised $1.0M in its Seed Round (Apr 2025).

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Rheaply round by round

4 rounds
Apr 2025Seed Round$1.0MSEC filing▮
1 investors participated
Aug 2022Later Stage VC (Series A)$20.0M▮
+ 1 more investors · free account
May 2021Seed Round$2.2MSEC filing▮
3 investors participated
Jan 2021Early Stage VC$10.8MSEC filing▮
41 investors participated

How much has Rheaply raised?

Rheaply has raised $34.3 million across 4 recorded rounds since 2021. The largest was a $2.2 million seed round in May 2021; the most recent was a $1 million seed round in Apr 2025.

Rheaply has filed 6 Form Ds with the SEC since 2021, most recently in May 2025 ($1 million sold to 1 investor).

Rheaply investors

39 investors are on record for Rheaply, including Techstars, Impact Assets, Climate Capital and Salesforce Ventures. By type, the record holds 8 venture capital firms and 2 private investors. The seed round in Apr 2025 drew 1 investor.

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Frequently asked about Rheaply

How much has Rheaply raised?
Rheaply has raised $34.3M in total across 4 recorded funding rounds.
When was Rheaply's last funding round?
Rheaply's most recent recorded round was Seed Round in Apr 2025, raising $1.0M.