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Founded Year

2004

Stage

Acquired | Acquired

Total Raised

$91.35M

About Recyclebank

Recyclebank works with municipalities and haulers to measure and reward residents for recycling. Based on the amount recycled, residents accrue more Recyclebank points which are then redeemable online and can be used with local and national merchants. On October 23, 2019, Recyclebank was acquired by Recycle Track Systems, terms of the agreement were not disclosed.

Headquarters Location

95 Morton Street 7th Floor

New York, New York, 10014,

United States

917-822-6476

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Recyclebank Patents

Recyclebank has filed 8 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/15/2009

10/15/2019

Recycling, Waste, Waste management, Strategic management, Data management

Grant

Application Date

1/15/2009

Grant Date

10/15/2019

Title

Related Topics

Recycling, Waste, Waste management, Strategic management, Data management

Status

Grant

Latest Recyclebank News

Engage, Motivate, Succeed: Cases of Tech Gamification in Business from All over the World

Jul 1, 2023

External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Engage, Motivate, Succeed: Cases of Tech Gamification in Business from All over the World 12 hours ago 0 The incorporation of games into everyday life has the power to revolutionize how we learn, work, and engage with technology. Imagine turning education into an epic quest, transforming fitness routines into exhilarating challenges, and rewiring our brains for unstoppable innovation. With tech gamification, boredom becomes a distant memory as we embrace the thrill of competition, the joy of achievement, and the irresistible drive to level up. From transforming tedious chores into exhilarating adventures to turning education into an immersive quest for knowledge, the possibilities are endless. So, say goodbye to passive interactions and hello to immersive experiences that ignite your passion and drive for success. Continue reading to discover the diverse and impactful cases of gamification from around the world and unravel how this innovative approach has transformed various industries, motivating and empowering individuals to achieve their goals like never before. Sport, Health and Wellness Industries Zombies, Run! app for immersive running experiences In the thrilling world of Zombies, Run!, gamification takes center stage, transforming your mundane running routine into an exhilarating adventure. As you navigate through virtual post-apocalyptic landscapes, completing missions and evading hordes of zombies, every step becomes a strategic move towards survival. The app cleverly blends storytelling, gameplay, and fitness tracking to create an immersive experience that keeps you on the edge of your seat. With each mission accomplished, you earn supplies to build and fortify your virtual base, motivating you to push your limits. Zombies, Run! not only boosts your fitness but also ignites your imagination, making your daily run an epic quest for survival in a world overrun by the undead. Habitica’s health-related quests and rewards Habitica, the popular habit-building and productivity app, has taken gamification to the realm of health and wellness, turning personal development into an exciting quest for self-improvement. Through its health-related quests and rewards system, Habitica seamlessly blends gaming elements with real-life goals. By completing healthy habits, such as exercising, drinking water, or meditating, users earn experience points and virtual rewards, progressing their avatars in the game. This clever integration of gamification with health encourages positive behaviors, instills motivation, and cultivates a sense of accomplishment. With Habitica, your wellness journey becomes an epic adventure, where slaying monsters and achieving goals go hand in hand, making self-care and personal growth all the more enjoyable and rewarding. Blue  Shield of California’s Insurance Rewards Program Blue Shield of California's "Wellvolution" program demonstrates the power of gamification in promoting healthy habits and providing insurance rewards. By gamifying wellness, users are encouraged to make positive lifestyle changes. Participants can earn points for engaging in activities such as exercising, eating well, and practicing mindfulness. These points can be redeemed for rewards like discounted gym memberships and wellness products. Wellvolution taps into our competitive nature and desire for incentives, transforming the journey to better health into an interactive game. By merging gamification and insurance, Blue Shield of California motivates individuals to adopt healthier habits while simultaneously offering tangible benefits for their efforts. Forest app’s tree planting game for staying focused, improving productivity and time management In the digital age of constant distractions, the Forest app emerges as a beacon of focus and productivity, using gamification to help users stay on track. With its unique tree planting game, Forest taps into our innate competitive nature, challenging us to resist the temptation of phone distractions. Set a timer, and as you work without picking up your phone, a virtual tree grows in your digital forest. But beware, if you succumb to temptation, your tree withers away. With each successful session, you earn rewards to unlock new trees and expand your flourishing forest. This ingenious gamified approach turns productivity into a delightful game, fostering mindfulness, concentration, and a greener mindset, one tree at a time. The Forest team has teamed up with Trees for the Future, a real-tree-planting organization, to make a positive impact on Earth. By using the virtual coins earned in Forest, users can contribute to the planting of real trees. Every time users spend their virtual coins on tree planting, the Forest team donates to Trees for the Future and initiates planting orders. This partnership allows users to not only enjoy the virtual experience of growing a forest but also actively participate in real-world effort to combat deforestation and promote environmental sustainability. Workforce Recruitment, Training and Development IBM’s “Innov8" game for business process management training IBM’s “Innov8” game has revolutionized business process management (BPM) training by introducing a gamified approach. By transforming complex BPM concepts into a captivating game, Innov8 provides a dynamic and interactive learning experience. Players navigate virtual business scenarios, identifying inefficiencies and making strategic decisions to improve processes. Through gamification, IBM immerses participants in a simulated business environment, allowing them to apply critical thinking and problem-solving skills. Innov8's engaging gameplay and real-time feedback foster a deeper understanding of BPM principles. This innovative training tool not only equips individuals with practical skills but also ignites their creativity, enabling them to drive innovation and efficiency in the real business world. Walmart’s simulation-based training for employees Walmart’s simulation-based training showcases the transformative power of gamification in employee development. Through cutting-edge virtual simulations, Walmart provides employees with a realistic and interactive training experience. From customer service scenarios to supply chain management challenges, the gamified approach immerses employees in a dynamic learning environment. By gamifying the training process, Walmart not only enhances engagement and knowledge retention but also allows employees to practice decision-making in a risk-free setting. This innovative approach nurtures skills, fosters confidence, and prepares employees for real-world scenarios. Walmart’s commitment to gamification in training demonstrates how gaming elements can elevate employee development, ultimately leading to improved customer service and operational excellence. Siemens Virtual Recruitment Game Siemens, a global leader in manufacturing and technology, embraced gamification in its recruitment process with "Siemens Plantville." This virtual game simulated the experience of managing a manufacturing plant, providing job applicants with an immersive and interactive platform to demonstrate their skills. Through challenging scenarios and real-time decision-making, candidates showcased their problem-solving abilities while enjoying a gaming experience. Siemens' gamified recruitment approach not only attracted top talent but also allowed the company to assess candidates in a more engaging and authentic setting. By leveraging gamification, Siemens revolutionized its hiring process, making it more exciting, interactive, and effective in identifying the best candidates for their team. Food Industry Domino’s Pizza Hero: Turning pizza-making into a game Domino’s Pizza Hero is a shining example of how gamification can revolutionize the food industry. This innovative app turns the art of pizza making into an interactive and addictive game. Users step into the virtual shoes of a Domino’s pizza chef, tackling challenges and racing against the clock to create mouthwatering pizzas. From stretching the dough to selecting toppings and even managing the oven, every step is gamified and rewarded. Domino’s Pizza Hero not only entertains users but also serves as a unique training tool for aspiring pizza chefs. By blending entertainment and education, Domino's has successfully turned pizza-making into an exciting and immersive experience that leaves customers craving for more. Domino’s cute pizza-making game goes beyond entertainment. By gamifying their recruitment process, Domino’s offered skilled players a cool opportunity: an invitation to a job interview at their local Domino’s store. By identifying those who excelled in the game, Domino’s ensured that these individuals already possessed a conceptual understanding of what makes a great pizza, giving them a head start on their on-the-job training. McDonald’s Monopoly game and customer retention McDonald’s Monopoly game is a shining example of how gamification can drive customer retention and engagement. With each purchase, customers receive game pieces that correspond to properties on a Monopoly board. By collecting specific sets, participants have the chance to win exciting prizes, including free food, vacations, and cash rewards. This gamified promotion not only creates a sense of excitement and anticipation but also encourages repeat visits as customers strive to complete their collections. McDonald’s Monopoly game has become an annual tradition, captivating customers and fostering loyalty by transforming the dining experience into a thrilling game of chance. It’s a brilliant example of how gamification can enhance customer retention and keep people coming back for more. Social Impact Recyclebank: Gamifying recycling and sustainable practices Recyclebank revolutionizes the way we approach recycling and sustainable practices by harnessing the power of gamification. Through its innovative platform, Recyclebank turns eco-conscious actions into an exciting game. Users are rewarded with points for recycling, conserving energy, and making environmentally-friendly choices. These points can be redeemed for a range of rewards, from discounts on sustainable products to exclusive experiences. By transforming sustainability into a game, Recyclebank taps into our competitive spirit, encouraging us to actively participate in creating a greener world. With every action, we not only earn rewards but also contribute to a larger collective effort towards a more sustainable future. Gamification in Recyclebank injects fun and motivation into environmental consciousness, inspiring us all to become eco-warriors. Charity Miles: Turning exercise into charitable donations Charity Miles takes the concept of gamification to a whole new level by transforming exercise into a means of giving back to society. With this innovative app, every step, run, or bike ride becomes an opportunity to raise funds for various charitable causes. Users can select from a range of partner charities, and for every mile logged, corporate sponsors donate a predetermined amount to the chosen cause. This ingenious integration of gamification and philanthropy not only motivates individuals to stay active but also empowers them to make a real-world impact through their physical efforts. With Charity Miles, exercise becomes a powerful tool for positive change, allowing us to contribute to worthy causes while prioritizing our health and well-being. E.ON E.ON, the energy company, has taken a dynamic approach to promoting sustainability with the launch of "E.ON EnergyFit," a gamified app designed to empower customers to save energy and reduce their carbon footprint. Through a series of engaging challenges, users earn points and compete with friends, transforming energy conservation into a friendly competition. This gamification approach encourages sustainable habits by making them interactive, rewarding, and enjoyable. By integrating gaming elements into the energy-saving process, E.ON has successfully tapped into our competitive nature, inspiring users to make a positive impact on the environment while having fun along the way. "E.ON EnergyFit" is a prime example of how gamification can drive behavioral change and create a more sustainable future. Automobile Industry Waze: Interactive navigation that kills boredom Waze, the navigation app known for its real-time traffic updates, ingeniously incorporates gamification into the driving experience. Through its interactive features and social elements, Waze transforms the daily commute into an exciting game. Users earn points for contributing traffic data, reporting incidents, and even just for driving. These points unlock achievements, badges, and virtual rewards, creating a sense of competition and accomplishment. Additionally, Waze's "Gaming Mode" allows drivers to collect special items and engage in challenges while on the road. By infusing gamification into the navigation experience, Waze motivates users to actively participate, making driving more enjoyable and turning mundane trips into a thrilling adventures. Volkswagen’s Speed Camera Lottery Volkswagen took gamification to the streets with "The Speed Camera Lottery" in Stockholm, Sweden. In a unique initiative, drivers who adhered to the speed limit were automatically entered into a lottery for a chance to win a cash prize. This ingenious concept transformed the act of following traffic rules into an exhilarating game, where each driver became a participant. By incentivizing safe driving and rewarding responsible behavior, Volkswagen not only promoted road safety but also created a positive and engaging experience for drivers. "The Speed Camera Lottery" serves as a shining example of how gamification can inspire behavioral change and make everyday tasks more exciting. Wrapping Up As we bid adieu to this gamified adventure, it's crystal clear that businesses can no longer afford to play it safe without a sprinkle of gamification. It's time to level up the game and tap into the power of rewards, challenges, and fun. Gamification has proven to be the secret cheat code for engaging customers, boosting employee productivity, and even turning mundane tasks into epic quests. So, if you're ready to slay dragons, unlock achievements, and bring joy to the world of business, join the gamification revolution.

Recyclebank Frequently Asked Questions (FAQ)

  • When was Recyclebank founded?

    Recyclebank was founded in 2004.

  • Where is Recyclebank's headquarters?

    Recyclebank's headquarters is located at 95 Morton Street, New York.

  • What is Recyclebank's latest funding round?

    Recyclebank's latest funding round is Acquired.

  • How much did Recyclebank raise?

    Recyclebank raised a total of $91.35M.

  • Who are the investors of Recyclebank?

    Investors of Recyclebank include Recycle Track Systems, Waste Management Asia, RRE Ventures, Kleiner Perkins Caufield & Byers, Westly Group and 8 more.

  • Who are Recyclebank's competitors?

    Competitors of Recyclebank include TerraCycle and 1 more.

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Compare Recyclebank to Competitors

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Recycling Center Near Me

Recycling Center Near Me focuses on providing information and resources for recycling various materials, including electronics, appliances, and scrap metal. The company offers a comprehensive guide to finding local recycling facilities and tips on how to recycle specific items effectively. Recycling Center Near Me primarily serves individuals and businesses looking to responsibly dispose of recyclable materials. It is based in San Diego, California.

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Roadrunner

Roadrunner provides recycling and waste management services for businesses. It offers cardboard recycling services, paper recycling services, waste and compost services, and more. The company serves the banking sector, logistics sector, manufacturing sector, and more. The company was founded in 2014 and is based in Pittsburgh, Pennsylvania.

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Keep America Beautiful

Keep America Beautiful is a company focused on environmental sustainability, specifically in the recycling sector. The company provides information and resources on how to recycle various materials, aiming to reduce waste, prevent pollution, and conserve natural resources. It primarily serves the general public, encouraging individuals to participate in recycling efforts. It was founded in 1953 and is based in Stamford, Connecticut.

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Pretred

Pretred focuses on waste management, operating in the industrial manufacturing sector. The company's main offering is the production of barriers made from recycled waste tires, providing an environmentally friendly alternative to traditional concrete barriers. These products are primarily used in sectors such as construction, traffic safety, and erosion control. It was founded in 2020 and is based in Aurora, Colorado.

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RecycleNation

RecycleNation is a company focused on promoting recycling and sustainable practices within the environmental sector. The company offers a digital platform, including a mobile app, that allows users to locate recycling facilities and provides information on how to recycle various items. It primarily serves the general public, aiming to make recycling more accessible and convenient. It was founded in 2007 and is based in Fresno, California.

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Call2Recycle

Call2Recycle is a not-for-profit organization focused on environmental protection through responsible recycling in the waste management industry. The company offers a no-cost battery and cellphone recycling program, providing consumers with convenient drop-off locations for their old batteries and cellphones. The primary customers of Call2Recycle are consumers across the U.S. and Canada, as well as retailers and local communities. It was founded in 1994 and is based in Atlanta, Georgia.

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