Fundraising Fox

Rheaply

Techstars '18Techstars '18

Chicago, US · Delaware corporation · 11 known investors

rheaply.com

Rheaply provides a platform that enables organizations to create sharing economies by connecting users with underutilized workplace resources, allowing goods and materials to find new uses rather than be discarded. The company applies circular economy principles across industries to help organizations source goods more efficiently while reducing waste.

Circular EconomyCleantechE-commerceEnterprise SoftwareImpact & Social GoodSaaS

Founders & leadership

DG
Dr. Garry Cooper
GC
Garry Cooper, Jr.Co-founder
TF
Thomas FecarottaExecutive
TS
Tyler SkeltonNamed on SEC filing
PJ
Peter John TuckerNamed on SEC filing

Board

MFMike Fitzgerald
Mike FitzgeraldinBoard MemberInvestor at High Alpha
MW
Michael WernerBoard director
EZ
Elizabeth ZieglerBoard director

Investors · 11

Reported raises · per SEC filings

Form D private placements

$31.7M disclosed across 6 rounds · 2021–2025

$1MraisedMay 2025 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael WernerDirector
  • Mike FitzgeraldDirector
  • Tyler SkeltonExecutive Officer, Director
  • Garry Cooper, Jr.Executive Officer, Director
  • Elizabeth ZieglerDirector
  • Thomas FecarottaExecutive Officer
Offering amount
$3M
Amount sold
$1M
First sale
Apr 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$15.2KraisedMar 2023 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Elizabeth ZieglerDirector
  • Thomas FecarottaExecutive Officer
  • Connie KimExecutive Officer
  • Tyler Jordan SkeltonExecutive Officer, Director
  • Mike FitzgeraldDirector
  • Garry Cooper, Jr.Executive Officer, Director
  • Peter John TuckerExecutive Officer
  • Michael WernerDirector
Offering amount
$15.2K
Amount sold
$15.2K
First sale
Mar 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$17.8MraisedJun 2022 · 20 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael WernerDirector
  • Connie KimExecutive Officer
  • Peter John TuckerExecutive Officer
  • Mike FitzgeraldDirector
  • Garry Cooper, Jr.Executive Officer, Director
  • Elizabeth ZieglerDirector
  • Tyler Jordan SkeltonExecutive Officer, Director
  • Thomas FecarottaExecutive Officer
Offering amount
$20.2M
Amount sold
$17.8M
First sale
Jun 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$8.7KraisedJun 2022 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael WernerDirector
  • Mike FitzgeraldDirector
  • Thomas FecarottaExecutive Officer
  • Tyler Jordan SkeltonExecutive Officer, Director
  • Garry Cooper, Jr.Executive Officer, Director
  • Peter John TuckerExecutive Officer
  • Connie KimExecutive Officer
  • Elizabeth ZieglerDirector
Offering amount
$8.7K
Amount sold
$8.7K
First sale
May 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$2.2MraisedJun 2021 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Tyler Jordan SkeltonExecutive Officer, Director
  • Betsy ZieglerDirector
  • Michael WernerDirector
  • Garry Cooper, Jr.Executive Officer, Director
  • Peter John TuckerExecutive Officer
  • Thomas FecarottaExecutive Officer
  • Mike FitzgeraldDirector
Offering amount
$2.7M
Amount sold
$2.2M
First sale
May 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$10.8MraisedFeb 2021 · 41 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Mike FitzgeraldDirector
  • Tyler Jordan SkeltonExecutive Officer, Director
  • Garry Cooper, Jr.Executive Officer, Director
  • Betsy ZieglerDirector
  • Peter John TuckerExecutive Officer
  • Thomas FecarottaExecutive Officer
Offering amount
$10.8M
Amount sold
$10.8M
First sale
Jan 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 5

by search overlap
Netezza83 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Ply69 shared keywordsPly provides AI-driven purchasing software for trades businesses, handling RFQs to multiple suppliers, automated purchase orders, and three-way invoice matching to reduce material costs. Its tools compare supplier bids, extract quotes from emails, track POs through their lifecycle, and sync with accounting systems like QuickBooks and Sage Intacct.
GoCardless69 shared keywordsGoCardless provides bank payment collection and open banking data access services. The platform enables businesses to collect domestic and international payments via bank accounts and securely access customer bank account data across 2,300+ banks in the UK and Europe.
SafetyCulture57 shared keywordsSafetyCulture develops a workplace operations platform used by frontline teams to conduct inspections, report issues, and manage safety and quality processes.
Intuit®54 shared keywordsIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.

Companies competing with Rheaply for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 4 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
Environmental Protection Agency (EPA)Phase I2022$93.4K
U.S. Air ForceAir ForcePhase I2021$49.6K
U.S. Air ForceAir ForcePhase I2021$49.2K
U.S. Air ForceAir ForcePhase I2019$50K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does Rheaply do?
Rheaply provides a platform that enables organizations to create sharing economies by connecting users with underutilized workplace resources, allowing goods and materials to find new uses rather than be discarded. The company applies circular economy principles across industries to help organizations source goods more efficiently while reducing waste.
Who founded Rheaply?
Rheaply was founded by Dr. Garry Cooper, Garry Cooper, Jr..
Who are Rheaply's investors?
Rheaply's investors include 100 Black Angels & Allies Fund, Cleveland Avenue, Energy Impact Partners, High Alpha, Revolution, Tech Square Ventures, Techstars, Westbound Equity Partners and 3 more.
How much funding has Rheaply raised?
Rheaply has disclosed $31.7M raised across 6 rounds.
Where is Rheaply headquartered?
Rheaply is headquartered in Chicago, US.