Rheaply Raises $20 Million To Drive Revolutionary Shift In Enterprise Resource Management

Rheaply Raises $20 Million To Drive Revolutionary Shift In Enterprise Resource Management

06/07/22, 4:00 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgchicago
Money raised
$20 million
Rheaply, a resource exchange platform helping industry-leading organizations better visualize, quantify, and utilize their purchased goods, materials, and resources, today announced that it has raised $20MM in an inter-series round anchored by Revolution’s Rise of the Rest Seed Fund. Additional investments came from the John Doerr Family Trust; Coupa Ventures; Energy Impact Partners; PSP Growth; Rankin Family Ventures; and executives, including Joe Thomas (CEO & co-founder of Loom). Existing investors, including High Alpha, Salesforce Ventures Impact Fund, Emerson Collective, Techstars, and HPA, also returned to participate.

Company Info

Company
Rheaply
Location
chicago, illinois, united states
Additional Info
Rheaply is the technology for connecting professionals with resources and catalyzing the circular economy. As the only market solution that combines an asset management system with an online marketplace, Rheaply’s Asset Exchange Manager (AxM)TM enables organizations to manage and transact physical assets more effectively, eliminating unnecessary waste and spend. To learn more about Rheaply, visit​ ​rheaply.com​ or follow ​@RheaplyInc​. For career inquiries, contact ​careers@rheaply.com.