RoadRunner Recycling, a Pittsburgh, PA-based sustainable waste management company, raised $20M in Series d funding.
The round was led by Fifth Wall.
The company intends to use the funds to accelerate growth of its core business, expand its enterprise offering, and double down on its investment in technology.
Led by Graham Rihn, CEO and founder, RoadRunner Recycling provides customized and sustainable materials management solutions, supported by technology and engineered to serve thousands of commercial businesses from more than 20 industries across the country. The company leverages its proprietary technology and expertise to boost cost savings, improve recycling rates, streamline waste operations, and deliver customer experience that drives sustainability for the waste industry, and the world.
In January 2022, RoadRunner closed a $70 million Series D round and in October acquired Compology, a waste and recycling smart metering technology company. It also expanded across the U.S. in eight new markets including Phoenix, Denver, San Diego, Portland, Kansas City, Providence, Charlotte and Nashville, and opened a second office in Phoenix, Arizona. It has more than doubled its employee headcount, totaling nearly 600 employees today and growing.
FinSMEs
15/11/2022