Sustainable office furniture. Rype remanufactures high quality used office furniture to as-new condition. Thanks to their innovative, quality-controlled engineering processes, Rype's furniture competes directly against new but is lower cost, has ~80% lower carbon emissions and creates local jobs.
30% of the greenhouse gases created by a commercial building over its lifetime are from furniture and every year in the UK around 75,000 tonnes of office furniture goes to landfill.
We care about the environment so we used our engineering skills (and Innovate UK funding) to develop remanufacturing solutions to return used office furniture to as-new condition, just like Caterpillar does for engines and Ricoh does for photocopiers.
We estimate our remanufacturing reduces carbon emissions & waste by 80% and we can do it at higher margins than new furniture while still providing lower prices to customers. On larger projects we employ local long term unemployed team members with disabilities or a homeless background.
Lower prices, 80% lower greenhouse gas emissions & waste, and local jobs for those furthest from the workforce: this proposition has seen us win over 200 projects and a range of accolades since we started trading in 2015, including being named in the Top 10 European B2B startups to watch in the circular economy.
2020 revenues were up 80% on 2019 & 2020 profit after tax was £150,000. Changing working patterns are boosting demand as organisations reconfigure their workplaces and provide furniture for staff home offices.
We're now fundraising to accelerate our growth in the £1.44B p.a. UK market & prepare for expansion into Europe as legislation enforces lower carbon solutions.