Revolution’s Rise of the Rest Seed Fund led a $20m round in Rheaply.

Revolution’s Rise of the Rest Seed Fund, a venture capital firm, led a $20m round in Rheaply, a cloud-based resource exchange technology application for connecting people and organizations with resources, with participation from John Doerr, Coupa Ventures, PSP, Rankin Family Ventures, Joe Thomas, High Alpha, Salesforce Ventures Impact Fund, Emerson Collective, Techstars, and HPA. “Ever since Garry’s winning pitch at our Rise of the Rest Equity Tour Pitch Competition in 2020, we’ve been excited by Rheaply’s momentum. Rheaply is not just scaling a great company in the ever-growing Chicago tech ecosystem, it is developing a critical solution for businesses that are trying to effectively use and recycle physical resources while also combating climate change," Steve Case, Revolution Chairman and CEO.