In The NewsRSS

The Digital 100: The World's Most Valuable Startups

Written by Business Insider
Published: September 23, 2010

87. RecycleBank

Estimated Value: $100 million

Last Year's Rank / Valuation: N/A

Business: Clean Technology

Location: New York, New York

More Info: About RecycleBank

CEO: Jonathan Hsu

Investors: RRE Ventures, Sigma Partners, Kleiner Perkins Caufield & Byers, The Westly Group

Analysis: RecycleBank partners with cities and haulers to reward households for recycling. Households then earn RecycleBank Points that can be used to shop at participating businesses. The company is rumored to generate about $10 million in sales this year. Given the geographic and user growth potential coupled with the environmental impact, we apply a 10x multiple to get a valuation of $100 million.

You can also view the story here.

Media Contacts

Interested in learning a little more about us? 
We're glad to share our story!


For inquiries:
press@recyclebank.com


Please note, if you are not a member of the press, you will not receive a response.


TwitterLatest Tweets



Connect

FacebookTwitterPinterestLinkedInYoutubeFlickr


Recyclebank At A Glance

Headquarters
New York

Offices
New York, Philadelphia and Houston

CEO
Javier Flaim

Founded
2004

Investors
The Coca-Cola Company, Craton Equity Partners, Generation Investment Management, Kleiner Perkins Caufield & Byers, Paul Capital Investments, Physic Ventures, RRE Ventures LLC, Sigma Partners, Waste Management Inc., and Westly Group

Members
4 Million+

Communities
300+ in all 50 states

Reward Partners
4,000+

In The NewsRSS Press ReleaseRSS