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

Montgomery, Ala., Installs Smart Tech on Garbage Trucks

Alabama’s capital city has entered into a three-year agreement after a six-month pilot that saw roughly 80 garbage trucks there outfitted with the RUBICONSmartCity platform to better manage routes and maintenance. Dozens of garbage collection trucks in Montgomery, Ala., have been outfitted with new smart… Keep Reading...

City of Montgomery Selects Rubicon Global for 3-Year Contract

Rubicon Global announced that the City of Montgomery, Alabama has selected Rubicon® to formally implement a smart city solution to help improve residential and commercial waste and recycling services for its more than 200,000 citizens. The City of Montgomery piloted the RUBICONSmartCity™ platform for six… Keep Reading...

Ala. City Adopts Rubicon Global Smart City Software

Following a six-month pilot, the City of Montgomery, Ala., has awarded a three-year contract to Rubicon Global for its SmartCity platform. The RUBICONSmartCity platform includes a smartphone-based mobile app, a plug-in device, and a web-based portal. The technology allows the City of Montgomery’s Solid Waste… Keep Reading...

Press Releases

Speaker Series: Rubicon’s Conor Riffle Speaking at the U.S. Chamber of Commerce Sustainability and Circular Economy Summit

WHO: Conor Riffle, Director of Smart Cities, Rubicon Global (Twitter, Email) WHAT: The definition of smart cities is evolving. No longer is a smart city solely focused on transportation or security. Smart cities are now looking at waste and recycling, and leveraging technology and data… Keep Reading...

Co-Founder and CEO of Blueland the Latest Guest on Rubicon’s ‘Town Haul’ Podcast

Atlanta, GA (August 2, 2019) — Rubicon Global today announced its latest ‘Town Haul’ podcast is now live with the Co-Founder and CEO of Blueland, Sarah Paiji Yoo. On the Rubicon® ‘Town Haul’ podcast, Sarah discusses the origins of Blueland and how the proliferation of… Keep Reading...

Speaker Series: Rubicon’s Michael Allegretti Speaking at the 2019 Dentons Global Smart Cities and Communities Summit

WHO: Michael Allegretti, Chief Strategy Officer, Rubicon Global (Twitter, Email) WHAT: The definition of smart cities is evolving. No longer is a smart city solely focused on transportation or security. Smart cities are now looking at waste and recycling, and leveraging technology and data to… Keep Reading...

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