RM2 logo — Clever Pallets for Enlightened Supply Chains™

RM2

Clever Pallets for Enlightened Supply Chains™

Founded 2007 United States Orlando, United States 92 employees Debt Financing Total: $150.00M Logistics, Manufacturing

General Information

Company Name RM2
Founded Year 2007
Location United States Orlando, United States
Employees 92
Industries Logistics, Manufacturing
Funding Stage Debt Financing
Social

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About RM2

RM2 is a logistics and manufacturing startup revolutionizing the pallet industry with their cutting-edge technology. Their innovative BLOCKPal™ reusable composite pallets are embedded with autonomous IoT sensors, enabling real-time tracking and condition monitoring through LTE-M network connectivity. In addition to this, RM2's cloud-based supply chain intelligence platform, RM2 ELIoT®, provides end-to-end visibility and actionable insights by capturing and contextualizing crucial data points.

Established in 2007 and headquartered in the United States, RM2 recently secured a significant $150.00M Debt Financing investment from OIC on 14 July 2023. The company operates a nationwide network of over 30 service facilities, handling the issuance, retrieval, and sanitization of more than 1.5 million reusable IoT pallets annually, offering a cost-effective and environmentally sustainable pallet pooling system.

RM2's dedication to transforming supply chains with their forward-thinking approach and advanced technology positions them as a significant player in the logistics industry, attracting notable investors and propelling their growth and influence in the market. For more information, visit www.RM2.com.

Business keywords: IoT technology, logistics optimization, supply chain intelligence, reusable pallets, composite pallets, pallete pooling system, LTE-M network, cloud-based technology, end-to-end visibility, real-time tracking, sustainable logistics, hygienic pallets, sanitization process, environmentally friendly logistics

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing $150.00M 1
OIC
14 Jul 2023

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FAQ About RM2

Clever Pallets for Enlightened Supply Chains™
RM2 was founded in 2007.
RM2 is headquartered in Orlando, United States.
RM2 operates in Logistics and Manufacturing. Its work centres on IoT technology, logistics optimization, supply chain intelligence and reusable pallets.
RM2 has approximately 92 employees.
RM2 has completed 1 funding round, raising a total of $150.00M. The latest funding stage is Debt Financing.
Top alternatives and competitors to RM2 include Anvyl, ZeroKey Inc., ARIN Technologies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
RM2 and Anvyl are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for RM2, https://bouncewatch.com/company/rm2, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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