Rubicon Global Picks Up $50M for On-Demand Trash Removal

Rubicon Global Inc. has raised $50 million in venture funding to become the Uber of garbage and recycling.

The Atlanta-based startup’s website and mobile apps connect local waste haulers and recycling businesses to customers who need their services. The app allows businesses, and now some residential customers, to book garbage pickup within an hour.

Prices vary by market and based upon the type of garbage, including electronics, medical, food or typical paper and plastics waste generated by offices.

Nima Capital led the investment in Rubicon Global, joined by Goldman Sachs, Wellington Management Co., KKR founder Henry Kravis, Tudor Investment Corp. founder Paul Tudor Jones and actor Leonardo DiCaprio. The company’s post-money valuation climbed to $500 million with the new round of funding, according to co-founder and Chief Executive Nate Morris and investors.

Rubicon Global, which has about 200 employees, started out by linking large corporations that have thousands of stores, restaurants or offices around the U.S. to local waste-hauling businesses that can help them. Smaller waste hauling and recycling businesses previously couldn’t compete against giants in the industry—such as Republic Services, Waste Management, or Clean Harbors—to fulfill large contracts, says the CEO.

Read the full article about Rubicon Global’s latest round of investment at Dow Jones VentureWire.

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Press Coverage

City of Irving, Texas Selects Rubicon Global

Rubicon Global, a technology company that powers a digital marketplace, provides a suite of SaaS products for waste, recycling, and smart city solutions, and collects and analyzes data for businesses and governments worldwide, today announced that the City of Irving, Texas has selected Rubicon to… Keep Reading...

Rubicon Global to carry out smart city pilot in Texas

The city of Irving, Texas, has selected Rubicon Global to provide a smart city pilot program to improve residential waste and recycling services for its more than 240,000 residents. Rubicon Global provides software-as-a-service products for waste, recycling, and smart city solutions, and it collects and… Keep Reading...

Irving, TX partners with Rubicon for smart waste pilot

Dive Brief: The city of Irving, TX has selected technology company Rubicon Global as its partner for a six-month pilot that aims to optimize residential waste and recycling services. Each of the city's 40 collection vehicles will be equipped with a smartphone and an on-board… Keep Reading...

Press Releases

Rubicon Global Volunteers Clean Up More Than Four Tons Of Trash From The Chattahoochee River Area

Atlanta, GA (April 10, 2019) — Rubicon Global, a technology company that powers a digital marketplace, provides a suite of SaaS products for waste, recycling, and smart city solutions, and collects and analyzes data for businesses and governments worldwide, today announced that nearly a dozen… Keep Reading...

City of Irving, Texas Selects Rubicon Global

Atlanta, GA (April 2, 2019) — Rubicon Global, a technology company that powers a digital marketplace, provides a suite of SaaS products for waste, recycling, and smart city solutions, and collects and analyzes data for businesses and governments worldwide, today announced that the City of… Keep Reading...

Rubicon Global Speaker Series: Smart Cities Connect Spring Conference & Expo

WHO:  Michael Allegretti, Chief Public Strategy Officer, Rubicon Global (@MikeAllegretti) Stephen Goldsmith, Daniel Paul Professor of the Practice of Government, Harvard’s Kennedy School of Government (@GoldsmithOnGov) Larry Schneider, Streets Superintendent, City of Fort Collins, Colorado (@fortcollinsgov) WHAT: Getting Smart About Trash: An interactive discussion on… Keep Reading...

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