Leading digital marketplace for waste and recycling expands
reach of its award-winning smart city technology suite through
strategic technology partnership
Rubicon Technologies, Inc. (“Rubicon”) (NYSE: RBT), a leading
digital marketplace for waste and recycling and provider of
innovative software-based products for businesses and governments
worldwide, today announced that it has entered a technology
partnership with Samsara Inc. (“Samsara”) (NYSE: IOT), the pioneer
of the Connected Operations Cloud, to unlock new value for shared
municipal customers.
Together, Rubicon and Samsara’s complementary technology suites
will help enable heavy-duty municipal fleet operations to optimize
routes and citizen services, which will improve efficiency, empower
drivers, lock in community safety gains, and save tax-payer
dollars.
Samsara is the pioneer of the Connected Operations Cloud, built
to access, analyze, and act on the world’s vast expanse of
operations data. Thousands of customers spanning transportation,
government, food and beverage, and more use mission-critical
insights from Samsara to shape their operations. Streamlined data
sharing made possible by Samsara’s open API provides customers with
a single source of truth to improve efficiency, reduce costs, and
maintain operational resilience.
RUBICONSmartCity™ is a proprietary, cloud-based technology suite
that helps municipal governments run faster, smarter, and more
effective waste, recycling, and heavy-duty municipal fleet
operations. As part of this partnership, RUBICONSmartCity is now
available on the Samsara App Marketplace to further improve
efficiency and sustainability in government fleets. Shared
municipal customers will have access to fault code, speeding, fuel
level, and GPS data as well as complete visibility into vehicle
diagnostics information and full operational data across the
platforms, which will result in increased safety and
transparency.
“Rubicon’s mission is to end waste,” said Conor Riffle, Senior
Vice President of Smart Cities at Rubicon. “Our mission refers to
waste in the physical sense, but also to wasted time and, in the
case of Rubicon’s smart city technology products, wasted government
resources. This technology partnership with Samsara allows both
companies to deliver a superior solution for city solid waste
departments and fleets as a whole, while continuing to save
tax-payer dollars.”
Waste is a global challenge and a global opportunity. Rubicon
partners with businesses and governments around the world to
advance its mission through zero-waste, landfill diversion, and
smart city solutions. The Company’s suite of cloud-based products
helps waste collection organizations to digitize their operations,
confirm service, optimize routes, and deliver exceptional customer
service while improving sustainability outcomes.
“With billions of data points flowing through Samsara each day,
we’re able to act as a command center for customers to run every
part of their municipal operations,” said Sean McGee, Vice
President, Platform and Infrastructure at Samsara. “Through this
integration, we look forward to coupling the scale of Samsara’s
Connected Operations Cloud with Rubicon’s smart city technology to
give customers the visibility they need to provide smarter and
safer citizen services.”
In 2021, RUBICONSmartCity was listed in Fast Company’s World
Changing Ideas Awards in the “AI & Data” and “Spaces, Places,
and Cities” categories, and it was featured in the Amazon Web
Services (AWS) documentary series, Climate Next, now streaming on
Amazon Prime.
RUBICONSmartCity has been rolled out in more than 80 cities
across the United States, including Asheville, NC; Baltimore, MD;
Columbus, OH; Durham, NC; Fort Collins, CO; Fort Smith, AR;
Glendale, AZ; Greenville, NC; Hartford, CT; Houston, TX; Kansas
City, MO; Memphis, TN; Montgomery, AL; Santa Fe, NM; San Antonio,
TX; Savannah, GA; Scranton, PA; Spokane, WA; and Roseville, CA. The
solution is available for purchase on Sourcewell, the AWS
Marketplace, the HGACBuy consortium, and Marketplace.city.
About Rubicon
Rubicon Technologies, Inc. (NYSE: RBT) is a digital marketplace
for waste and recycling, and provider of innovative software-based
products for businesses and governments worldwide. Striving to
create a new industry standard by using technology to drive
environmental innovation, the company helps turn businesses into
more sustainable enterprises, and neighborhoods into greener and
smarter places to live and work. Rubicon’s mission is to end waste.
It helps its partners find economic value in their waste streams
and confidently execute on their sustainability goals. To learn
more, visit www.Rubicon.com.
About Samsara
Samsara is the pioneer of the Connected Operations Cloud, which
allows businesses that depend on physical operations to harness IoT
(Internet of Things) data to develop actionable business insights
and improve their operations. Samsara operates in North America and
Europe and serves tens of thousands of customers across a wide
range of industries including transportation, wholesale and retail
trade, construction, field services, logistics, utilities and
energy, government, healthcare and education, manufacturing, and
food and beverage. The company's mission is to increase the safety,
efficiency, and sustainability of the operations that power the
global economy.
Forward-Looking Statements
This press release includes “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. All statements, other than statements of present or
historical fact included in this press release, are forward-looking
statements. When used in this press release, the words “could,”
“should,” “will,” “may,” “believe,” “anticipate,” “intend,”
“estimate,” “expect,” “project,” the negative of such terms and
other similar expressions are intended to identify forward-looking
statements, although not all forward-looking statements contain
such identifying words. Such forward-looking statements are subject
to risks, uncertainties, and other factors which could cause actual
results to differ materially from those expressed or implied by
such forward-looking statements. These forward-looking statements
are based upon estimates and assumptions that, while considered
reasonable by Rubicon Technologies, Inc. (“Rubicon”) and its
management, are inherently uncertain; factors that may cause actual
results to differ materially from current expectations include, but
are not limited to: 1) the outcome of any legal proceedings that
may be instituted against Rubicon or others following the closing
of Rubicon’s business combination with Founder SPAC (the "business
combination"); 2) Rubicon’s ability to meet the New York Stock
Exchange's listing standards following the consummation of the
business combination; 3) the risk that the business combination
disrupts current plans and operations of Rubicon as a result of
consummation of the business combination; 4) the ability to
recognize the anticipated benefits of the business combination,
which may be affected by, among other things, the ability of the
combined company to grow and manage growth profitably, maintain
relationships with customers and suppliers and retain its
management and key employees; 5) costs related to the business
combination; 6) changes in applicable laws or regulations; 7) the
possibility that Rubicon may be adversely affected by other
economic, business and/or competitive factors; and 8) other risks
and uncertainties set forth in the sections entitled “Risk Factors”
and “Cautionary Note Regarding Forward-Looking Statements” in
Rubicon’s Registration Statement on Form S-1 filed with the U.S.
Securities and Exchange Commission (“SEC”), and other documents of
Rubicon filed or to be filed with the SEC. Although Rubicon
believes the expectations reflected in the forward-looking
statements are reasonable, nothing in this press release should be
regarded as a representation by any person that the forward-looking
statements set forth herein will be achieved or that any of the
contemplated results of such forward looking statements will be
achieved. There may be additional risks that Rubicon presently does
not know of or that Rubicon currently believes are immaterial that
could also cause actual results to differ from those contained in
the forward-looking statements. You should not place undue reliance
on forward-looking statements, which speak only as of the date they
are made. Rubicon does not undertake, and expressly disclaims, any
duty to update these forward-looking statements, except as
otherwise required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20220912005895/en/
Investor Contact: Sioban Hickie,
ICR, Inc. rubiconIR@icrinc.com
Media Contact: Dan Sampson Chief
Marketing & Corporate Communications Officer
dan.sampson@rubicon.com RubiconPR@icrinc.com
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