Rubicon Announces Multi-Year Extension Agreement with Wood Residential

NEW YORK--(BUSINESS WIRE)--Rubicon Technologies, Inc. (“Rubicon” or “the Company”) (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 signed a three-year extension agreement with Wood Residential, a national, award-winning leader in the development, construction, and management of multi-family communities across the United States. In this extended agreement, Rubicon will provide waste and recycling services to help Wood Residential reach its sustainability targets.

Rubicon’s market-leading RUBICONConnect™ platform has been deployed across 51 of Wood Residential’s multi-family properties. As their preferred partner for waste and recycling (with a focus on waste removal, single-stream recycling, and cardboard recycling), Rubicon will bring the power and scope of its network of more than 8,000 hauler and vendor partners to bear in support of Wood Residential’s continued progress toward its goals.

“We are thrilled to announce this extension agreement with Wood Residential,” said Rubicon’s Tom Owston. “Waste and recycling education starts at home and in continuing our partnership with Wood Residential, we are able to not only help them to lay the groundwork for ending waste at their properties, but we can also help to educate their residents on proper recycling practices along the way.”

Wood Residential is an award-winning, full-service, property management company that proudly operates communities developed both by Wood Partners and third-party developers. For three years running, Wood Residential has ranked No. 1 nationally for online reputation in the J Turner ORA™ Power Rankings (Division III). Wood Residential is an affiliate company of Wood Partners, a group of limited liability companies.

“Like Rubicon, Wood Residential is focused on diverting waste away from landfills and into recycling streams,” said Jaren Miller, Vice President of Procurement and Facilities at Wood Residential. “Rubicon is continuing to help us achieve that goal, and we are excited to see where this partnership leads us in the future.”

For more information on how Rubicon is deploying its market-leading technology products to equip businesses, cities, and haulers with the tools and software they need to improve operations, meet sustainability goals, and (ultimately) end waste, visit the enterprises, cities, and haulers pages on Rubicon’s website.

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 rubicon.com.

About Wood Residential

Wood Residential is an award-winning, full-service, property management company that proudly operates communities developed both by Wood Partners and third-party developers. For three years running, Wood Residential has ranked No. 1 nationally for online reputation in the J Turner ORA™ Power Rankings (Division III). Wood Residential is an affiliate company of Wood Partners, a group of limited liability companies. Wood Partners is a national leader in the development, construction, and management of multifamily communities across the United States. Wood Partners has been involved in the acquisition and development of more than 90,000 multifamily homes with a combined capitalization of $17.3 billion nationwide. The companies currently own over 70 properties across the United States with a combined total of more than 20,000 multifamily homes. Headquartered in Atlanta, GA, Wood Partners has offices in 22 major markets across 15 states nationwide. For more information, visit woodpartners.com.