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
What is Rheaply worth?
$82.0Mlast reported valuation · Oct 2026

Rheaply's last reported valuation, Aug 2022. Nothing priced has surfaced since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Rheaply funding history

4 rounds
DateRoundRaisedPost-money
Apr 2025Seed Round$1.0M▮
Aug 2022Later Stage VC (Series A)$20.0M▮
May 2021Seed Round$2.2M▮
Jan 2021Early Stage VC$10.8M▮
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Rheaply valuation

Rheaply's last reported valuation was $82 million in Aug 2022. No priced round, secondary trade or fund mark has surfaced since.

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).

Comparable companies

Comparable environmental services (b2b) names by valuation on PrivateMarketView: Ridwell ($77 million), Sourgum ($56.6 million) and Secondlaw ($18.4 million).

How Rheaply's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Rheaply, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by last reported valuation. Question about this number? Full methodology →

Frequently asked about Rheaply

What is Rheaply worth?
Rheaply is valued at $82.0M as of Oct 2026. Rheaply's last reported valuation, Aug 2022. Nothing priced has surfaced since.
How much has Rheaply raised?
Rheaply has raised $34.3M in total funding across 4 recorded rounds.
When did Rheaply last raise?
Rheaply last raised in Apr 2025 (Seed Round), raising $1.0M.