Rheaply provides an end-to-end lifecycle management platform for workplace and real estate teams to track asset inventory and value. The platform facilitates internal reuse, sustainable disposition, and efficient decommissioning of assets. This centralized system helps organizations reduce over-purchasing, streamline operations, and achieve circular economy goals.
Funding
$32.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+6Founders
Product
Problem
Many organizations lack efficient systems for managing and redeploying surplus assets, leading to unnecessary procurement costs and increased waste. Existing inventory methods often rely on manual tracking, resulting in poor visibility and limited opportunities for internal reuse or external exchange of resources. This linear "take-make-waste" model contributes to environmental harm and hinders the transition to a circular economy.
Solution
Rheaply offers a resource exchange platform that combines asset management with an online marketplace, enabling organizations to track, manage, and exchange materials efficiently. The platform provides tools for inventory digitization, internal reuse, and sustainable disposition of surplus assets. By connecting organizations with internal and external reuse opportunities, Rheaply facilitates a circular economy, reducing waste, cutting costs, and promoting sustainability. The platform also offers features for impact reporting, allowing organizations to track cost savings, waste diversion, and embodied carbon avoidance.
Target Audience
Rheaply targets organizations across various sectors, including universities, healthcare systems, government entities, and commercial enterprises, seeking to optimize resource utilization, reduce waste, and advance sustainability goals.
Features
- Centralized inventory management platform for tracking assets across teams and locations
- AI-powered suggestions for quick asset digitization and data backfilling
- Bulk import/export via CSV for efficient data management
- Product Sets for interconnecting products and creating cohesive design solutions
- QR code scanning for tracking asset status, location, and condition
- Customizable user permissions and configurable workflows for access control
- Impact Dashboard for tracking sustainability, financial performance, and program engagement metrics
- Integration with third-party systems for increased standardization and accuracy