About RTS
RTS is a company based in New York (United States) founded in 2015 by Gregory R Lettieri. It operates as a SaaS (Software-as-a-Service), On-Demand Services, and Managed Services. RTS has raised $110.48 million across 6 funding rounds from investors including StepStone Group, Greenspring Associates and Partnership for New York City. The company has 402 employees as of September 30, 2020. RTS has completed 4 acquisitions, including Ambrosia, Elytus and RTS Canada. RTS offers products and services including Smart Bin Sensors - Pello, Reverse Vending - Cycle, Recurring Waste Services, On-Demand Collection, and Sustainability Programs. RTS operates in a competitive market with competitors including WeVOIS Labs, Seenons, Reconomy, Dimension and Waste Harmonics, among others.
- Headquarter New York, United States
- Employees 402 as on 30 Sep, 2020
- Founders Gregory R Lettieri
- Stage Minicorn
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Sectors
Environment
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Email
Locked
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Phone
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$110.48 M (USD)
in 6 rounds
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Latest Funding Round
$40 M (USD), Series C
Jan 24, 2025
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Investors
StepStone Group
& 7 more
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Employee Count
402
as on Sep 30, 2020
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Investments & Acquisitions
Ambrosia
& 3 more
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Products & Services of RTS
RTS offers a comprehensive portfolio of products and services, including Smart Bin Sensors - Pello, Reverse Vending - Cycle, Recurring Waste Services, On-Demand Collection, and Sustainability Programs.
Smart sensors for monitoring waste levels are provided.
Reverse vending machines for recycling are offered here.
Regular waste collection services are managed for clients.
On-demand waste pickup services are arranged via app.
Programs for sustainability goals are developed for businesses.
People of RTS
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Funding Insights of RTS
RTS has successfully raised a total of $110.48M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $40 million completed in January 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.
Investors in RTS
RTS has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include StepStone Group, Greenspring Associates and Partnership for New York City.
| Investor | Description | Founded Year | Domain | Location |
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Provider of a growth equity firm for adaptive and personalized plans
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Venture capital investments are directed toward companies in multiple sectors.
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Diversified asset management firm and private fund focused on debt, equity, and secondary market investments in multiple sectors
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Investor details for RTS
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Investments & Acquisitions by RTS
RTS has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Ambrosia, Elytus and RTS Canada.
Investment portfolio details for RTS
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Food safety testing and waste management services are provided.
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Commercial waste disposal services are provided across North America.
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Provider of solid waste & recycling, trap cleaning, and oil recovery services
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Locked | Locked | 2007 | Locked |
Complete acquisition details for RTS
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Financial Statements - RTS
Detailed financials for RTS
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Rts Comparisons
Peer comparison for RTS
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Competitors of RTS
RTS 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 WeVOIS Labs, Seenons, Reconomy, Dimension and Waste Harmonics, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Eco-friendly waste management services are delivered via IoT and automation.
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Provider of solutions for waste collection
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Waste management and recycling solutions are offered globally.
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Dimension is engaged in providing waste management and recycling services.
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Waste collection services are delivered using proprietary software solutions.
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Detailed competitors of RTS
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Latest news on Rts
Complete news archive for RTS
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Frequently Asked Questions about RTS
RTS was founded in 2015.
RTS is headquartered in New York, United States. It is registered at New York, New York, United States.
Gregory R Lettieri is the current CEO of RTS. They have also founded this company.
RTS is a funded company, having raised a total of $110.48M across 6 funding rounds to date.
As of Sep 30, 2020, the latest employee count at RTS is 402.
RTS is involved in providing innovative waste management and recycling solutions for businesses and communities. Services are offered across various industries including grocery stores, hospitals, hotels, municipalities, and universities. Smart technologies like bin sensors and reverse vending machines are integrated to enhance efficiency. Sustainability programs and on-demand collection services are provided to meet environmental goals. Operations are expanded across North America, with a focus on reducing landfill waste and promoting recycling initiatives.
RTS's top competitors include WeVOIS Labs, Seenons and RecycleSmart.
RTS offers Smart Bin Sensors - Pello, Reverse Vending - Cycle, Recurring Waste Services, On-Demand Collection, and Sustainability Programs.
RTS has made 4 acquisitions, including Ambrosia, Elytus, and RTS Canada.
RTS has 8 investors. Key investors include StepStone Group, Greenspring Associates, Partnership for New York City, Edison Partners, and Volition Capital.
The valuation of RTS is $260M as of Jun 2021.