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RoadRunner Recycling is a technology company.
RoadRunner provides tech-enhanced, fully-managed waste and recycling services designed for businesses. The company streamlines commercial waste operations, aiming to reduce costs and significantly increase landfill diversion rates for its clients. Its approach integrates proprietary technology, including Waste Metering, alongside artificial intelligence and data-driven strategies to offer comprehensive and optimized waste management solutions.
Graham Rihn founded RoadRunner after observing in 2014 that commercial waste and recycling processes were outdated, inefficient, and expensive. He identified a critical gap in reliable data and an overall lack of emphasis on recycling, despite escalating environmental concerns. This insight drove Rihn to establish a company dedicated to modernizing the industry and setting a new standard for waste and recycling services.
RoadRunner serves a diverse clientele of businesses across the United States, providing tailored services that address their specific waste management needs. The company's core mission is to accelerate the path to Zero Waste, leveraging innovation and expertise to transform the industry. Its long-term vision centers on fostering a future where efficient, affordable, and sustainable waste practices eliminate waste as a significant societal problem.
RoadRunner Recycling has raised $138.0M across 5 funding rounds.
RoadRunner Recycling has raised $138.0M in total across 5 funding rounds.
RoadRunner Recycling is a technology-enabled commercial waste and recycling company that builds software-driven, fully managed waste programs to help businesses reduce costs and increase recycling/diversion rates while simplifying vendor and billing complexity for multi-location portfolios.[3][4]
High-Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: RoadRunner combines a pragmatic operational model (CleanStream + local fleet partners) with software and analytics to modernize a fragmented industry at a moment when companies and regulators increasingly value measurable waste-diversion and emissions reductions, positioning it for continued enterprise uptake as it expands product depth and national scale.[2][3][4]
(If you’d like, I can create a one-page investor-style snapshot or a slide-ready summary focused on KPIs — revenue, customers, funding, diversion tons — pulled from public filings and press coverage.)
RoadRunner Recycling has raised $138.0M in total across 5 funding rounds.
RoadRunner Recycling's investors include Jennifer Place, Fifth Wall, BeyondNetZero, General Atlantic, Jeroen Diderich, Valo Ventures, Headline (formerly e.ventures), Greycroft, Dawn Capital, Goodwater Capital, LAUNCH, Xfund.
RoadRunner Recycling has raised $138.0M across 5 funding rounds. Most recently, it raised $20.0M Series D in November 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2022 | $20.0M Series D | Jennifer Place | Fifth Wall |
| Jan 10, 2022 | $70.0M Series D | BeyondNetZero, General Atlantic | |
| Sep 22, 2020 | $10.0M Series C | Jeroen Diderich, Valo Ventures | |
| Mar 1, 2020 | $29.0M Series C | Headline (formerly e.ventures), Greycroft | Dawn Capital, Goodwater Capital, LAUNCH, Xfund, Dmitry Dakhnovsky, Eric Feng, Patrick S. Chung, Tony Jamous, Adams Capital Management, FJ Labs, Franklin Templeton |
| Mar 1, 2017 | $9.0M Series B | Acton Capital Partners, FJ Labs, Resurge Growth Partners |