Reusables

Reusables

Get your favourite food from local restaurants, grocery stores and cafes packaged in Reusables and help reduce single-use packaging from our oceans!.

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DateInvestorsAmountRound
-investor investor investor

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CAD3.6m

Seed
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-50 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

More about Reusables
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Reusables.com is a forward-thinking startup focused on reducing single-use packaging waste in the food retail sector. The company partners with local restaurants, cafes, and grocery stores to provide reusable packaging solutions, aiming to transition these businesses towards a more sustainable, circular economy. This means that instead of using disposable containers that end up in landfills or oceans, Reusables.com offers durable containers that can be sanitized and reused multiple times.

The primary market for Reusables.com is the food retail industry, specifically targeting establishments that offer takeout services. Their clients include a range of food service providers from small local cafes to larger grocery stores. By integrating reusable packaging into their operations, these businesses can significantly reduce their environmental footprint and appeal to eco-conscious consumers.

Reusables.com operates on a container-sharing platform. This business model involves supplying partner businesses with reusable containers, which are then used to package food for customers. After use, customers return the containers to participating locations, where they are collected, sanitized, and redistributed for future use. This cycle helps minimize waste and promotes sustainability.

The company generates revenue through a subscription-based model. Partner businesses pay a fee to access the reusable containers and the associated logistics services. This fee covers the cost of the containers, the sanitization process, and the management of the container-sharing network. Additionally, Reusables.com may charge end-users a small deposit or fee for using the containers, which is refunded upon return.

In summary, Reusables.com is making significant strides in the zero-waste movement by offering practical, reusable packaging solutions for the food retail industry. Their innovative approach not only helps reduce environmental impact but also supports businesses in meeting the growing demand for sustainable practices.

Keywords: zero-waste, reusable packaging, food retail, sustainability, circular economy, takeout containers, eco-friendly, subscription model, container-sharing, environmental impact.

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