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Recycle Track Systems
Company typePrivate
IndustryWaste Management, Recycling
Founded2015
FounderGregory Lettieri, Adam Pasquale
Headquarters
New York City, New York
,
United States
Area served
New York City
Philadelphia
Washington, D.C.
Chicago
Key people
Gregory Lettieri, CEO
Adam Pasquale, COO
Lew Frankfort
Shazi Visram
Websitewww.rts.com

Recycle Track Systems (RTS) is an environmentally-focused waste and recycling management company.[1] RTS uses a software platform and a proprietary tracking system to provide hauling services for businesses.[2][3] RTS tracks materials as they travel to recycling or composting facilities and provides companies with reports that show how much material was recycled or composted.[4][5] The customer experience has been compared the app-based car service, Uber.[6][7]

History[edit]

RTS was co-founded by CEO Gregory Lettieri and COO Adam Pasquale in 2015.[8] Pasquale is a fourth-generation member of a New York waste-hauling family[9] and his great-grandfather started in the garbage business with pushcarts on Mulberry Street in Manhattan’s Little Italy in the early 1900s.[10] Lettieri is a native of Staten Island and formerly worked in technology at Bank of America.[11] Long-time friends, the two came up with the idea for the company in 2014.[12]

In June 2017, the company closed a series A financing round worth $11.7 million with Boston-based growth equity firm Volition Capital, the former U.S. team of Fidelity Ventures.[13][14] Volition also provided the first outside money into Chewy, a pet supplies company that sold to PetSmart.[15]

Shazi Visram is an investor and board member of Recycle Track Systems.[16], an American entrepreneur, investor, and philanthropist, best known as the founder, CEO, and Chief Mom of Happy Family Brands. Visram is a mentor for startups and an impact venture investor, with investments in EpiBone, Ovia Health, Simple Mills and Bulletproof.

Lew Frankfort, the former chairman and CEO of Coach, Inc., is also a board member.[17]

RTS customers include Whole Foods[18], WeWork[19], SoulCycle, Barclays Center[20][21], Citi Field[22], Nationals Park[23][24] and Audi Field[25][26].

Impact[edit]

Awards[edit]

RTS was honored in the Best for Environment list[31], based on an independent, comprehensive assessment administered by the nonprofit B Lab, the organization that certifies B Corporations.[32]

References[edit]

  1. ^ "'Uber for trash' uses rideshare technology to collect waste". CNBC. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  2. ^ "Recycle Track Systems wants to be the next uber for garbage". Forbes. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  3. ^ "An 'Uber for garbage' picks up steam, and $11.7 million in Series A funding". TechCrunch. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  4. ^ "Gregory Lettieri". Wharton Business Radio. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  5. ^ "How Audi Field's green initiatives will affect the fan's experience". Washington Business Journal. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  6. ^ "'Uber for garbage' is using technology to change the recycling industry". Green Matters. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  7. ^ "'Uber for trash' startup Recycle Track Systems uses rideshare technology to collect waste". Tech Startups. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  8. ^ "Throwing out some new ideas: Waste-management app looks to recharge carting". Crain’s. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  9. ^ "Class Notes: Summer 2018". GW Magazine. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  10. ^ "Recycle Track Systems wants to be the next uber for garbage". Forbes. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  11. ^ "New recycle on-demand company brainchild of Staten Island native". Silve. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  12. ^ "Philly's new 'Uber for trash' offers sustainability on demand, Recycle Track Systems has some big-name clients and is looking to grow in 2018 — parade trash and all". Technical.ly Philly. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  13. ^ "How trash taxi services could be the future of recycling". World Economic Forum. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  14. ^ "A company that bills Itself as Uber for trash uses rideshare technology to collect waste". DC Glovebox. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  15. ^ "An 'Uber for garbage' picks up steam, and $11.7 million in Series A funding". TechCrunch. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  16. ^ "Recycle Track Systems welcomes Shazi Visram, founder of Happy Family Organic Food Brands to Board of Directors". Waste Advantage Magazine. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  17. ^ "Former Coach CEO and Chairman Lew Frankfort joins RTS' Board of Directors". Waste360. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  18. ^ "Major NYC businesses cut waste by 50% - but can they achieve zero waste by 2030?". Environmental Leader. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  19. ^ "At RTS, making trash removal as easy as ordering from Seamless". WeWork. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  20. ^ "New York arenas join sustainability drive". Stadium Business. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  21. ^ "Barclays Center to eliminate use of plastic straws at all events". Brooklyn Daily Eagle. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  22. ^ "RTS starts Citi Field contract by recycling a hockey rink". Waste Dive. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  23. ^ "How Audi Field's green initiatives will affect the fan's experience". Washington Business Journal. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  24. ^ "Washington Nationals, RTS Announce Partnership". Ball Park Digest. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  25. ^ "DC United to open Audi Field with LEED accredited recycling partner". Sport Sustainability Journal. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  26. ^ "Guide to sustainable spaces for your next event in DC". DC Meetings. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  27. ^ "Wood from Winter Classic hockey rink donated to Materials for the Arts in Long Island City". Queens Times Ledger. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  28. ^ "2018 Winter Classic: By the Numbers". NHL. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  29. ^ "Washingon Nationals post". Twitter. Retrieved October 24, 2018. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  30. ^ "B Impact Report". Certified B Corporation. Retrieved October 24, 2018. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  31. ^ "Recycle Track Systems receives B Lab honor". Recycling Today. Retrieved October 24, 2018. {{cite news}}: Italic or bold markup not allowed in: |publisher= (help)
  32. ^ "B Impact Report". Certified B Corporation. Retrieved October 24, 2018. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)

External links[edit]

Official website

Category:Privately held companies of the United States Category:Recycling industry

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