Usefull
Cambridge, US · Founded 2021 · Delaware corporation · 11 employees on LinkedIn
USEFULL provides a plastic-free reusable takeout container program combining tracking technology, container inventory, and launch support for college campuses across North America. It serves institutions seeking to replace single-use plastic takeout with a reuse system.
Founders & leadership
Usefull was founded in 2021 by Alison Cove.
AC
Alison CoveFounder & CEO
MJ
Melissa J. EldridgeNamed on SEC filing
JK
Jack KutnerNamed on SEC filing
SG
Spencer GaffneyNamed on SEC filing
RK
Rob KutnerNamed on SEC filing
AR
Alison Rogers CoveNamed on SEC filing
ME
MJ EldridgeHead of Operations & Product Management
Reported raises · per SEC filings
Form D private placements$5.7M disclosed across 1 round · 2024
▶$5.7MraisedMay 2024 · 2 investors · OtherRule 506(b)
▶$5.7MraisedMay 2024 · 2 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Melissa J. EldridgeExecutive Officer
- Jack KutnerDirector
- Spencer GaffneyDirector
- Rob KutnerExecutive Officer
- Alison Rogers CoveExecutive Officer, Director
- Offering amount
- $5.7M
- Amount sold
- $5.7M
- First sale
- May 2024
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Non-dilutive funding · 1 SBIR/STTR award
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| Environmental Protection Agency (EPA) | Phase I | 2022 | $100K |
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.
Frequently asked questions
- What does Usefull do?
- USEFULL provides a plastic-free reusable takeout container program combining tracking technology, container inventory, and launch support for college campuses across North America. It serves institutions seeking to replace single-use plastic takeout with a reuse system.
- Who founded Usefull?
- Usefull was founded by Alison Cove in 2021.
- How much funding has Usefull raised?
- Usefull has disclosed $5.7M raised across 1 round.
- Where is Usefull headquartered?
- Usefull is headquartered in Cambridge, US.