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RecycleBank's New Round Takes Its Funding Past $60M
Source: alarm:clock
Nov 03, 2009


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Philadelphia-based RecycleBank has raised $28.25M in third-round funding from Generation Investment Management, Kleiner Perkins, RRE Ventures, Sigma Partners and The Westly Group. The company previously raised around $32M.



RecycleBank partners with cities and businesses to reward households that recycle. Recyclebank slaps an RFID tag on your bins so that you get credit from your waste, then you get coupons to sponsors like Starbucks and Bed Bath and Beyond.The startup is run by a former SVP at Deloitte Consulting.





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