About

Founded

2019

Headquarters

Brooklyn, New York

Industry

Consumer, Food Delivery

Company Description

We keep your home stocked with the essential stuff you need but don’t want to think about... with zero waste! We are building the future of commerce in cities. Our vision is to create the most efficient, scheduled, last-mile logistics network, and the only optimized closed-loop (read: zero-waste) supply chain. By achieving this, we can make convenience sustainable and sustainability convenient for greener neighborhoods and happier neighbors.

Quick Links

Website Jobs

Funding

Total Raised

$42 million

Valuation

Undisclosed

Significant Investors

First Round Capital, Redpoint Ventures, Andreessen Horowitz, Construct Capital

Company Traction

As of October 2022, The Rounds has grown over 10x in the last 12 months, surpassed 10,000 paying members, and operates in four markets (Philadelphia, Washington DC, Miami, Atlanta).

As of May 2023, The Rounds has 355 products on its website.

Leadership Team

Alexander Torrey: Co-Founder & CEO of The Rounds. Former Senior Director, Strategy Lead at DDB.

Byungwoo Ko: Co-Founder & COO of The Rounds. Former Restaurant Innovation, Uber Eats at Uber.

Edward Sun: Head of Market Operations at The Rounds. Former Head of Operations at Helbiz.

Erica (Schecter) Strauss: Head of Merchandising at The Rounds. Former Director of Merchandising at JOKR.

Evan Abel: Head of Service Design at The Rounds. Former Sustainability Strategy and Operations at Walmart.

Press

TechCrunch (October 6, 2022): The Rounds raises $38M Series A for its sustainable ‘household restocking’ service

Philadelphia Magazine (August 10, 2021): This Zero-Waste Delivery Company Is Making Stocking Up on Home Goods More Sustainable

Patch (August 4, 2021): New DC Home Delivery Start-Up Avoids Amazon-Style Packaging

The Rounds