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COMPANY OVERVIEW

RoadRunner is on a mission to elevate and transform recycling in a world dominated by waste. Our success is built on delivering unprecedented value for customers by using proprietary technology and expertise to guarantee cost savings, increase recycling rates, and provide reliable services for businesses across all industries. 

FOUNDED

2014

EMPLOYEES

500+

TOTAL CAPITAL RAISED

$130M

INVESTORS

  • Adams Capital Management
  • e.Ventures
  • General Atlantic
  • Greycroft
  • Franklin Templeton
  • Avery Dennison
  • Valo Ventures
  • FJ Labs

Operating markets

  • Atlanta, GA
  • Austin, TX
  • Baltimore, MD
  • Charlotte, NC
  • Chicago, IL
  • Cleveland, OH
  • Dallas, TX
  • Denver, CO
  • Houston, TX
  • Kansas City, MO
  • Miami, FL
  • Minneapolis, MN
  • Nashville, TN
  • Philadelphia, PA
  • Pittsburgh, PA
  • Phoenix, AZ
  • San Antonio, TX
  • San Diego, CA
  • St. Louis, MO
  • Washington, DC

4/22/2022 - PublicSource

Earth Day: Celebrating recycling at North Pittsburgh Children’s House
PublicSource was there on Earth Day as smiles, glitter, and glue were flying at a small school just north of Pittsburgh. RoadRunner’s CEO Graham Rihn led a group of children in crafting individual works of art from items that would normally just be tossed out. It was a showcase of RoadRunner living up to our ideals. Read More...

4/22/2022 - Pittsburgh Inno

Local startups turning to outside funders in order to scale
For VC firm General Atlantic, continuing to mine Pittsburgh remains a major part of the company’s future strategy. That’s why RoadRunner was able to secure a $70 million investment from the New York company as the demand grows for green technologies. Read More...

4/22/2022 - VentureBeat

5 simple ways enterprises can invest in our planet for Earth Day
What is good for the planet can be good for your business. Using green technologies with the goal of recycling better, RoadRunner’s CEO Graham Rihn showed how meeting sustainability goals can be easily done with an eye on the environment. Read More...

4/20/2022 - Technical.ly

How Pittsburgh tech companies are celebrating Earth Day
On Earth Day, RoadRunner’s CEO Graham Rihn took our green tech to the next generation of recyclers. He showed a group of preschoolers and kindergarteners the importance of protecting the planet as they crafted new ideas on how we could do better. Read More...

4/14/2022 - Technical.ly

After struggling to bring in large deals last year, Pittsburgh’s Q1 saw hundreds of millions in VC
Included in the hundreds of millions in venture capital was $70 million in a Series D for RoadRunner. That influx of money amounted to the fifth highest deal in Pennsylvania, and was one of the two highest in the Pittsburgh region driving this new uptick in growth. Read More...

4/08/2022 - WASTE DIVE

In need of skilled talent, 'clean tech' employers prioritize purpose
“Know the company you’re working for.” It’s a priority for RoadRunner, and it’s also proven to be a powerful recruitment tool. How working with a purpose is helping attract, and keep, a talented workforce. Read More...

1/10/2022 - FinSMEs

RoadRunner Raises $70M in Series D Funding
There’s a reason RoadRunner was able to raise $70 million in funding. Customized, sustainable waste management solutions supported by technology and engineered to serve thousands of businesses is just one. Read More...

1/10/2022 - ImpactAlpha

RoadRunner raises $70 million from General Atlantic to manage waste and recycling
RoadRunner’s technology can predict how much waste your company will generate. That same data can also save you money. It’s why General Atlantic is pumping $70 million into the outfit. Read More...

1/10/2022 - Waste Dive

RTS acquires Elytus, making it one of the industry’s largest waste brokers
Investment into companies using technology to emphasize sustainability is growing. RoadRunner’s gotten a $70 million chunk of the environmental, social, and governance trend. Read More...

1/10/2022 - PitchBook

RoadRunner Recycling hauls off $70M
RoadRunner, valued at $235 million in 2020, just got another $70 million investment into the company to continue helping businesses meet their sustainability goals. Read More...

1/10/2022 - Axios Pro Rata

Top of the Morning
Included in this round-up of venture capital deals is RoadRunner and the $70 million being pumped into the company. There’s big plans for that money too, beyond expanding to new markets and doubling the number of employees by the end of the year. Read More...

1/10/2022 - WSJ Venture Capital

VC Daily: Andreessen Reloads With $9 Billion
Venture firm Andreessen Horowitz is doubling down with a massive fundraising haul, including RoadRunner and its data driven waste diversion program. Here’s why the Pittsburgh-based company got such a big slice of this cash. Read More...

1/07/2022 - AiThority

RoadRunner Raises $70 million Series D to Fund National Expansion and Accelerate the Sustainability Solutions of Tomorrow
With corporate responsibility and sustainability becoming a priority across the business world, RoadRunner’s new $70 million investment is leading the pack in making waste management smart and seamless. Read More...

1/07/2022 - SiliconANGLE

Smart recycling firm RoadRunner raises $70M in new funding
A climate-focused investment group is pumping $70 million into RoadRunner. That means a growing operation, moving more waste and recycling than ever before, and helping ventures of all sizes to rethink how they’re helping the environment. Read More...

1/07/2022 - Waste Today

RoadRunner Recycling gets $70M investment
There’s big plans for the latest $70 million shot in the arm at RoadRunner: continuing to develop machine-learning, expanding into new markets, and going after some of the biggest corporations in the world, all in an effort to make sustainable goals a reality. Read More...

1/07/2022 - Recycling Today

RoadRunner Recycling gets $70M investment
With technology leading the way to customized recycling and waste diversion plans, RoadRunner is improving recycling rates and making those sustainability goals achievable for companies. A new $70 million investment means that effort is growing. Read More...

1/07/2022 - Yahoo! News

RoadRunner Recycling closes on $70 million as it looks to double its national footprint
New markets are on the horizon as RoadRunner looks to double its staff by the end of 2022. A $70 million investment means the company is now targeting some of the biggest players in the world with sustainability efforts growing in popularity. Read More...

1/07/2022 - Pittsburgh Business Times

RoadRunner Recycling closes on $70 million as it looks to double its national footprint
Is an IPO on the horizon for RoadRunner? CEO Graham Rihn thinks so. After a new $70 million influx, the company is poised to become “a significant national player.” Read More...

1/07/2022 - Techio

Data-driven waste management platform RoadRunner raises $70M
RoadRunner’s data-driven waste management and diversion helps companies meet their sustainability goals. It also saves money. With a new $70M investment, things can only get greener. Read More...

1/07/2022 - VentureBeat

Data-driven waste management platform RoadRunner raises $70M
With companies under growing pressure to address their environmental impact, climate change is a major hurdle for businesses. That’s where RoadRunner comes in, with a new $70M investment and the goal of helping companies go green. Read More...

1/07/2022 - Venture Capital Journal

RoadRunner Recycling lands $70M Series D
More than 200,000 tons of waste diverted from landfills across over 8.000 locations. Customers saved more than $50 million on their waste and recycling operations. That’s what RoadRunner’s already done. Here’s where the company’s going with this new $70M injection. Read More...

1/07/2022 - Technical.ly

RoadRunner Recycling just raised a $70M Series D. It’s a boon for climate tech, and Pittsburgh
Could this be the biggest venture capital investment in climate tech and in Pittsburgh in 2022? With green tech and life sciences poised to become the next big thing in the region, here’s why CEO Graham Rihn said this will be the biggest year yet for RoadRunner. Read More...

12/3/2020 - Pittsburgh Business Times

RoadRunner Recycling Ranked #3 in Best Places to Work Extra Large Category
RoadRunner Recycling is honored to have been named the #3 Best Place to Work in Western PA in the 'extra large' category. Companies were judged based on an online employee survey earlier this year and chosen in four categories based on the number of employees working in western Pennsylvania. Read More...

12/2/2020 - BizJournals

How RoadRunner Recycling is Engaging With its Remote Workers Virtually
Given all of the pandemic restrictions, an in-person event wasn’t an option. So RoadRunner's culture committee, which works to design and implement events and other programs for employees, opted to create an entirely virtual RoadRunner Day celebration this year. Read More...

10/21/2020 - Pittsburgh Business Times

RoadRunner Named Winner Of the 2020 Best Places to Work in Western PA
RoadRunner Recycling is proud to be recognized as a Best Place to Work in Western Pennsylvania in the 'extra large' business category. Companies were judged based on an online employee survey earlier this year and chosen in four categories based on the number of employees working in western Pennsylvania. Read More...

10/12/2020 - BizJournals

Pittsburgh Startup Takes Series C to $38.9M, Avery Dennison and Former Google Exec's VC Fund Add Another $10M
A Pittsburgh-based recycling startup that raised almost $29 million in March has brought in another $10 million from a strategic investor and a Silicon Valley venture capital firm. RoadRunner Recycling closed its oversubscribed Series C round in late September at $38.9 million, capped by investments by Avery Dennison Corp. and Valo Ventures. Read More...

9/24/2020 - Packaging Technology Today

Avery Dennison Launches Matrix Recycling Program with RoadRunner Recycling
Avery Dennison Label and Packaging Materials announced it has launched a scalable matrix recycling program with RoadRunner Recycling to help label converters achieve their zero waste-to-landfill goals. Read More...

9/1/2020 - GreenBiz

How AI and Robotics Are Shaping the MRF of the Future
RoadRunner Recycling has come to light for its machine learning technology, but you won’t find its brainchild in a MRF. Its customers are the waste generators: businesses in manufacturing; light industrial; health services, among niches. Read More...

8/28/2020 - EY.com

Earnst & Young Announces Graham Rihn as an Entrepreneur of the Year Awards Finalist
Ernst & Young LLP (EY US) today announced that founder and CEO, Graham Rihn, of RoadRunner Recycling was named an Entrepreneur Of The Year® 2020 East Central Award finalist. Read More...

7/17/2020 - Chain Store Age

Forman Mills Cleans Up Waste Management Inconsistencies with RoadRunner
“For me, personally, RoadRunner is a one-stop-shop—From waste & recycling management to their help with new store setup and maintenance—their end-to-end services have been a huge benefit to Forman Mills,” said Ryan Solleder, senior director of retail development & acting director of stores, Forman Mills. Read More...

6/23/2020 - NPR

Pittsburgh-Based Start Up Creates a Smart Way To Recycle
A Pittsburgh-based startup is using technology to revolutionize the recycling industry. RoadRunner Recycling uses software designed to help businesses recycle more and save money. CEO Graham Rihn said it works by using Machine learning and AI which predicts the volume of materials a customer produces, and then creates smart routes that are posted to a mobile app. Read More...

5/24/2020 - Pittsburgh Business Times

Personalities of Pittsburgh: Graham Rihn with RoadRunner Recycling
Graham Rihn believes there is a better way for companies and organizations to recycle waste. This is why he launched RoadRunner Recycling Inc. in 2014 to not only improve a business’ recycling output, but also to help them save money while doing so. Read More...

4/22/2020 - Waste Dive

RoadRunner Recycling's $28.6M Funding Round To Fuel Expansion, Despite Pandemic
RoadRunner Recycling, a Pittsburgh-based startup, recently announced $28.6 million in Series C funding co-led by the firms e.venture and Greycroft. This will enable the company's expansion into 10 new cities starting with Austin, Texas in June after a slightly delay due to the pandemic. Expansions into Phoenix and San Diego are now targeted for later in the year. Read More...

3/17/2020 - Wall Street Journal

RoadRunner Raises $28.6 Million in Bid to Upend Recycling
Commercial waste-management startup RoadRunner Recycling Inc. raised $28.6 million as it seeks to expand and improve its artificial intelligence technology to make picking up recycling more efficient and cheaper for businesses. The fundraising comes as the recycling industry searches for financial sustainability amid bruising economic conditions in the sector, including depressed commodity prices and less demand from China. Read More...

3/17/2020 - Pittsburgh Post Gazette

RoadRunner Recycling, a Startup Using AI To Optimize Recycling Routes, Raises $28 Million
RoadRunner Recycling — a startup that uses machine learning and artificial intelligence to help businesses, schools and factories improve their recycling operations — has raised more than $28 million to double its team and expand into new markets. Read More...

1/7/2022 - Press Release

RoadRunner Recycling Closes on $70 Million as it Looks to Double Its National Footprint
RoadRunner Recycling Inc. has closed on a $70 million Series D funding round, which comes following years of continued expansion for the Pittsburgh-based company. Read More...

9/22/2020 - Press Release

RoadRunner Recycling Raises an Additional $10 Million from Avery Dennison and Valo Ventures to Close Oversubscribed Series C Round at $38.9 Million
RoadRunner Recycling, a leading technology-driven company transforming the traditional waste and recycling sector, today announced the closing of its oversubscribed Series C round with a $10 million total investment from Avery Dennison, the global leader in materials science and manufacturing, and Valo Ventures, the purpose-driven venture capital firm. Read More...

8/28/2020 - Press Release

EY Announces Graham Rihn of RoadRunner Recycling as an Entrepreneur Of The Year® 2020 East Central Award Finalist
RoadRunner Recycling, a leading technology-driven company transforming the traditional waste and recycling sector, today announced the closing of its oversubscribed Series C round with a $10 million total investment from Avery Dennison, the global leader in materials science and manufacturing, and Valo Ventures, the purpose-driven venture capital firm. Read More...

3/17/2020 - Press Release

RoadRunner Recycling Raises $28.6 Million in Series C Funding to Continue US Expansion, Double Team Size and Elevate Recycling in a World Dominated by Waste
RoadRunner Recycling, the innovative technology platform built for commercial recycling, today announced it raised a $28.6 million Series C financing round. The round was co-led by e.ventures and Greycroft with additional participation from Franklin Templeton and existing investors, Adams Capital Management and FJ Labs. The funds will be used to double the size of the company’s current team, invest in its world-class AI/machine learning technology, and continue its U.S. expansion in current markets and launch in up to 10 new markets. Read More...

 

 

 

 

 

Contact Information

RoadRunner Recycling, Inc.
press@roadrunnerwm.com

Headquarters:
1 PPG Place Floor 33
Pittsburgh, PA 15222



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We love working with journalists around the world to share unique and compelling aspects of RoadRunner's story. If you're a member of the media and you'd like to talk to us, please get in touch with our team at press@roadrunnerwm.com.