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Recyclebank UK

We motivate people to live a greener life by rewarding their everyday green actions, like recycling, saving energy or buying green products

  • Stage $500K in TTM Revenue
  • Industry Internet / Web Services
  • Location GBK Restaurants Ltd, Lindsey Street, London, England, United Kingdom
  • Currency GBP
  • Founded March 2009
  • Employees 8
  • Website recyclebank.com

Company Summary

Recyclebank motivates people to live a more sustainable life by rewarding their everyday green actions such as recycling, saving energy or buying greener products. We reward people with points which can be redeemed for rewards from local and national retail partners. Local authorities pay us to operate our incentive scheme in their communities in order to increase their recycling rates and reduce their landfill costs.

Team

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    Andrew Watt
    Managing Director

    Entrepreneurial Financial Executive with 20+ years operating experience as a CFO & Managing Director, including IPO leadership and full P&L responsibility in both rapid expansion and re-structuring environments. As a CFO he has raised over £60 million of growth capital. His experience is in software, CRM, the internet and advertising. He joined the US parent company in 2010 as CFO and, after 18 years in New York, moved back to the UK in 2011.

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    Rob Crumbie
    Marketing Director

    Senior marketing professional with a broad set of marketing skills and experience. Experience in both large corporate and start-up environments. Has worked for the Company since 2009.

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    Alan Connor
    Operations Director

    Experienced Operations Director with background at Sainsbury's and Waterstone's. Has worked for the Company since 2009.

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    Mehdi Salam
    Sales Director

    20 years experience running Ad sales teams for firms such as British Telecom and The Independent.

Advisors

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    Alex Hamilton, Radiant Law
    Lawyer
    Unconfirmed
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    Paul Brown, Foxboro Accountants
    Accountant
    Unconfirmed

Previous Investors

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    Kleiner Perkins Caufield & Byers, Generation IM, Coca Cola
    Unconfirmed
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    Sigma & Partners, RRE Ventures, Physic Ventures, The Westly Group
    Unconfirmed