Empowering professionals to save money and the environment
Launched in 2016, Rheaply’s Asset Exchange Manager (AxM) is the easiest way that professionals share materials & resources with anyone in their industry. By connecting leading research institutions, Fortune 500 companies, government, school systems, nonprofits, startups, and other organizations in between, Rheaply is creating a shared economy for innovation.
Rheaply selected a finalist for the Web Summit PITCH competition
Rheaply is selected for the Web Summit PITCH competition, a virtual event held for world-leading startups at the largest technology event in the world. Read more
Rheaply recognized as one of the 50 companies heating up Chicago tech
Rheaply is among the 50 startups recognized for reshaping the innovation ecosystem in Chicago. Read more
Rheaply wins SPLC Leadership Award for the Advancing the Circular Economy
The Sustainable Purchasing Leadership Council presented its Leadership Award for Advancing the Circular Economy to Rheaply for developing technology to track and manage assets for resale and internal/external transfer. Read more
Rheaply selected into the prestigious MIT’s Solve’s Circular Economy Solver Class
Rheaply receives $10,000 grant from MIT Solve for creating circular economy software integrating resource sharing, asset management, disposition & sustainability metrics on a user-friendly platform. Read more
Rheaply joins class of Techstars Chicago in 2018.
Techstars is the #1 startup accelerator in the world. With selection rates lower than the Ivy League only the best of the best are invited to participate. (Back to school.) Read more
Rheaply has been selected as 1 of 15 rising global founders to tap into Silicon Valley mindset at Blackbox Connect 21.
Blackbox Connect is a highly selective, two-week residential program for global founders looking to hone their craft of entrepreneurship and tap into the Silicon Valley growth mindset (Conjoined Triangles of Success). Read more
Rheaply is chosen for Built In Chicago’s 50 Startups to Watch in 2018.
“These companies have the ideas, talent and funding to push Chicago’s tech ecosystem to new heights in 2018 and beyond.” (We’re just getting started.) Read more
Rheaply is selected to be a part of 1871’s inaugural Advanced Member Program.
A dozen companies will participate in the first Advanced Member Program cohort, which will support participating companies with scaling and market expansion. (We’re pretty… AMP’d… about it.) Read more
Garry Cooper, PhD
Rheaply Origin Story
Rheaply’s beginnings trace back to when Rheaply’s co-founder and CEO, Dr. Garry Cooper, was working towards his PhD in neuroscience at Northwestern University’s Feinberg School of Medicine and contributing to the ongoing Parkinson’s disease drug discovery efforts. During his time at Feinberg, he discovered silos within the university when it came to sharing physical assets. Some departments had a surplus of materials and would discard the excess assets that were perfectly appropriate for reuse. Other departments were using outdated spreadsheets and incomplete listservs to source needed materials from peers, but due to a lack of asset location and quantity knowledge, they purchased new ones instead. This observation sparked the idea for Rheaply, the name of which is a combination of the words “research” and “cheaply”.
Rheaply’s platform, Asset Exchange Manager (AxM)™, makes it easy and efficient for organizations in technology, government, retail, healthcare, and higher education to track and utilize the assets they already have before making a purchasing decision. The platform enables companies to share and sell physical assets within and between organizations.