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.

Usefull

Cambridge, US · Founded 2021 · Delaware corporation · 11 employees on LinkedIn

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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.

Circular Economy Climate Tech Impact & Social Good

Founders & leadership

Usefull was founded in 2021 by Alison Cove.

Alison Cove Founder & CEOAlison Cove is the founder and CEO of USEFULL, which operates a stainless steel reusable takeout container program for college campuses. She developed the system after researching alternatives to single-use plastic packaging in food service operations.

MJ Eldridge Head of Operations & Product ManagementMJ Eldridge has over 20 years of experience in operations and product strategy, with prior roles spanning CPG, sustainability technology, and direct-to-consumer companies where he scaled operations to $10M+. His background includes expertise in supply chain optimization, product development, FDA and regulatory compliance, and building teams to support growth across retail and institutional partnerships.

Melissa J. EldridgeNamed on SEC filing

Jack KutnerNamed on SEC filing

Spencer GaffneyNamed on SEC filing

Rob KutnerNamed on SEC filing

Reported raises · per SEC filings

Form D private placements

$5.7M disclosed across 1 round · 2024

▶$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

Full filing on SEC EDGAR ↗

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.