Announced

Completed

e.ventures and Greycroft led a $29m Series C round in RoadRunner Recycling.

Synopsis

e.ventures and Greycroft led a $29m Series C round in RoadRunner Recycling, a technology platform built for commercial recycling, with additional participation from Franklin Templeton and existing investors, Adams Capital Management and FJ Labs. "The future of waste and recycling will be defined by technology and innovation, not by continuing to enable a legacy system. RoadRunner proudly offers a better way for businesses to approach recycling and waste management, and given the challenges traditional haulers are increasingly facing, it’s a good place to be. We want to provide businesses everywhere with a more effective and cost-efficient option for recycling. We’re a trusted partner to our clients as evidenced by our strong retention rates, and our goal is to help them achieve enduring success in sustainable waste stream management. This new capital will allow us to accelerate the growth of the company and empower businesses to be the catalyst for driving better sustainability in our cities and ultimately the world," Graham Rihn, RoadRunner Founder and CEO.

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