Recycle Track Systems (RTS) is a routing and transportation company that helps companies and municipalities track and optimize their trash pickups. The company partners with local haulers and provides them with tablets that run RTS software to streamline the trash collecting process. The company uses a geo-fenced software to collect and report data on waste accurately and in real time. The company also gives clients access to on-demand collections instantly via its mobile application. Further, RTS uses data collected to help clients track their waste disposal habits and its impact on the environment.
To further advance its technology and business presence, the company continued acquisitions during 2023: Cycle Technology (February 2023) and RecycleSmart Solutions (March 2023). Previously, the company acquired Industrial Organic PBC, Ambrosia (October 2020), Enevo’s US accounts (June 2020), Elytus (January 2022).
Key customers and partnerships
In June 2022, Recycle Track Systems partnered with ABM, a leading provider of integrated facility services and solutions, to offer full suite of on-demand waste removal and materials management solutions.
Some of its customers include Whole Foods, Barclays Center, WeWork, Shington National, Philadelphia Union, DC United, and Citi Field.
Funding and financials
In June 2021, RTS raised USD 35 million in Series C funding, expecting to use the funds to support its material management and zero waste to landfills programs.
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