About Rheaply
Rheaply is a company based in Chicago (United States) founded in 2016 by Garry Cooper and Tyler Skelton.. Rheaply has raised $36.49 million across 10 funding rounds from investors including Coupa, MIT and Morgan Stanley. Rheaply has completed 1 acquisition, including Rheaply. Rheaply offers products and services including Rheaply Platform, Reuse Marketplaces, and Sustainability Consulting. Rheaply operates in a competitive market with competitors including Cart.com, Zubale, BigCommerce, AnyMind Group and Unicommerce, among others.
- Headquarter Chicago, United States
- Founders Garry Cooper, Tyler Skelton
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Sectors
Business ServicesRetail
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Email
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Phone
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Website
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Social
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- Legal Name Betty & William Alston Life Network, Inc.
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Products & Services of Rheaply
Rheaply offers a comprehensive portfolio of products and services, including Rheaply Platform, Reuse Marketplaces, and Sustainability Consulting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for tracking and managing assets to promote reuse and reduce waste.
Service for buying, selling, and donating surplus items sustainably.
Expert advice on building circularity programs and managing end-of-life assets.
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Funding Insights of Rheaply
Rheaply has successfully raised a total of $36.49M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $1 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series B — $1.0M
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First Round
First Round
(01 Jun 2018)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2025 | Amount | Series B - Rheaply | Valuation |
investors |
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| Mar, 2023 | Amount | Series B - Rheaply | Valuation |
investors |
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| Jun, 2022 | Amount | Series B - Rheaply | Valuation | Revolution |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rheaply
Rheaply has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Coupa, MIT and Morgan Stanley. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Revolution is recognized as a D.C.-based investment firm.
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Founded Year | Domain | Location | |
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Diversified investment firm
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Founded Year | Domain | Location | |
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A venture firm that creates and funds B2B SaaS companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rheaply
Rheaply has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Rheaply. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Waste recycling services are provided through an online marketplace platform.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Rheaply
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rheaply Comparisons
Competitors of Rheaply
Rheaply operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cart.com, Zubale, BigCommerce, AnyMind Group and Unicommerce, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Software suite solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Platform offering retail sales enablement and reward software
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| domain | founded_year | HQ Location |
SaaS-based software suites for e-commerce operations are provided.
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| domain | founded_year | HQ Location |
Platforms for e-commerce, marketing, and manufacturing are provided.
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| domain | founded_year | HQ Location |
Provider of e-commerce enablement platform automating order processing, inventory, warehouse, and shipping
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| domain | founded_year | HQ Location |
Software suite solutions are provided for brands and e-commerce businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rheaply
Frequently Asked Questions about Rheaply
When was Rheaply founded?
Rheaply was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Rheaply located?
Rheaply is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Rheaply?
Garry Cooper is the current CEO of Rheaply. They have also founded this company.
Is Rheaply a funded company?
Rheaply is a funded company, having raised a total of $36.49M across 10 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Jun 01, 2018.
What does Rheaply do?
Rheaply was founded in 2016 in Chicago, United States, within the software sector. Procurement management software is delivered through a SaaS model, including the Rheaply AxM platform for online inventory handling. Costs for procurement and storage are reduced, while assets are tracked via automated listings, notifications, messages, and reporting features. Operations focus on organizational efficiency in asset management.
Who are the top competitors of Rheaply?
Rheaply's top competitors include CommerceIQ, Cart.com and SPS Commerce.
What products or services does Rheaply offer?
Rheaply offers Rheaply Platform, Reuse Marketplaces, and Sustainability Consulting.
How many acquisitions has Rheaply made?
Rheaply has made 1 acquisition, including Rheaply.
Who are Rheaply's investors?
Rheaply has 20 investors. Key investors include Coupa, MIT, Morgan Stanley, U.S. Environmental Protection Agency, and Techstars.