This award follows RTS’s announcement of its Series C funding and numerous new acquisitions.
New York, NY – Ernst & Young has named Gregory Lettieri, Co-founder and CEO of Recycle Track Systems, as an Entrepreneur Of The Year® 2021 New Jersey Award winner. Now in its 35th year, the Entrepreneur Of The Year Awards program recognizes entrepreneurs who are unstoppable leaders, excelling in financial performance, societal impact, and building a values-based company.
“It is an honor to be recognized by Ernst & Young with this prestigious award. Sustainability is an area where innovation, entrepreneurship, and new ideas are desperately needed and we’re proud to be leading the way,” said Greg Lettieri, Co-Founder and CEO of Recycle Track Systems. “While I am flattered by this award, it’s the RTS team that deserves the recognition. They work tirelessly to change the status quo on waste and recycling.”
Founded in 2015, Recycle Track Systems is committed to helping businesses and communities understand their environmental impact and put them on a path to do better. RTS’s proprietary technology provides clients real-time data to help them manage their waste away from landfill and has brought a new level of transparency to the industry. In partnership with its recycling and reuse vendors, RTS diverts tons of valuable material from landfills so they can be remade into new materials.
In addition to RTS’s CEO being named as an Entrepreneur Of The Year® 2021, the company experienced 550% growth in its residential business and tripled the number of municipalities served in New Jersey in the past year. RTS currently serves more than 150,000 residents and 2,000 businesses across the country, including Citi Field, Barclays Center, Google, Whole Foods, and MIT to name a few.
With food waste being one of the biggest contributors to landfills, RTS also recently acquired Ambrosia – a food waste recycling company. By taking the valuable bi-product of food waste – water – and turning it into a nontoxic and sustainable cleaning product, the company has paved the way for keeping material in a continuous cycle and making it profitable for the industry and the environment.
In June, RTS announced in the Wall Street Journal that it had closed a Series C funding round worth $35 million, led by Citigroup’s Impact Fund as part of its commitment to investing in American companies applying innovative solutions to help address some of society’s most pressing challenges.
About Recycle Track Systems, Inc.
Recycle Track Systems, Inc. is pioneering a better way to manage waste and recycling. RTS combines technology with high-touch service to make waste disposal easier, smarter, and more responsible. From on-demand removal to fully integrated waste management solutions, RTS helps companies and municipalities easily track and optimize their pickups. Using data insight, RTS empowers clients with visibility into their waste habits and tangible figures on their climate impact to improve their waste and recycling practices. RTS is a certified B-Corporation, reflecting its dedication and commitment to meeting stringent standards of environmental transparency and performance. For more information, visit rts.com. For more information on zero waste, visit zerowaste.com.
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