The Rounds is an AI-driven shopping platform designed to intelligently manage home essentials and reduce packaging waste. For $10 a month, Members can automate the delivery and replenishment of thousands of grocery SKUs in categories including household, personal care, pantry, produce, dairy, and dry goods, along with favorites from local brands and businesses. All products are delivered in reusable packaging and empty containers are picked up, sanitized, and refilled by The Rounds weekly, leveraging their proprietary two-way logistics network. The company's personalized set-it-and-forget-it-platform allows for predictive recurring deliveries and smarter product recommendations over time. Launched in 2019, the company has expanded to service Philadelphia, Washington D.C., and Atlanta.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 08/21/24 | $24,000,000 | Series B |
FJ Labs Moderne Ventures  | undisclosed |
