Replacer secures £200k in pre-seed funding to scale its sustainability platform.
The pre-seed funding will be used to scale the platform and expand solution offerings.
Replacer provides community-proven sustainability solutions that help hospitality and service organisations transition away from disposable plastics. The platform simplifies return on investment modelling and connects users with vetted suppliers of sustainable alternatives.
Replacer has secured £200k in pre-seed funding to support its circular economy platform. The capital will enable the business to scale its platform, expand solution offerings, and assist more organisations in meeting their sustainability targets.
Founded by Achille Leduc, Dominick Reed, and Ed Perryman, the company helps service and hospitality organisations transition away from unsustainable practices and problematic plastics. The platform facilitates quick implementation of sustainability solutions while simplifying return on investment modelling for users.
From the founder
"We’re so pleased to have the backing of mission-aligned investors that really believe in our team and our plan. The commercial case for swapping unsustainable items and processes for a better way of doing things grows stronger every day, and we’re well-placed to help organisations act fast."
Ed Perryman
CEO & Co-founder at Replacer
Use of funds
- 01Continue product development
- 02Scale operations