Founder SPAC Merger Partner Rubicon Reports Strategic Partnership With Palantir Technologies, No Terms Disclosed
Rubicon Technologies, LLC (“Rubicon” or the “Company”), a digital marketplace for waste and recycling and provider of innovative software-based solutions for businesses and governments worldwide, today announced that it has entered a strategic partnership with Palantir Technologies, Inc. (“Palantir”), enhancing and expanding its data, analytics, and reporting capabilities. As part of the agreement, the two organizations will also develop a joint go-to-market strategy for the commercialization of new Rubicon subscription data products and supporting workflows.
Palantir is a leading software company specializing in big data analytics, and its software empowers organizations of all kinds to effectively integrate their data, decisions, and operations. The new partnership with Rubicon is supported by Palantir’s Foundry operating system, a fully managed, modular SaaS offering that includes data integration, flexible analytics, visualization, model-building, operational decision-making, and decision capture.
“Data has been at the center of the Rubicon story since our company’s founding, and the application of data to business processes is what has enabled us to consistently drive environmental innovation in the waste and recycling category,” said Nate Morris, Chairman and CEO of Rubicon. “We are thrilled to announce this new partnership with Palantir, and we believe that it will take our data capabilities to the next level, enabling our customers and hauler partners to optimize their waste and recycling operations, save money, grow their businesses, and execute on their sustainability goals.”
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. Rubicon’s suite of cloud-based offerings helps waste collection companies digitize their operations, while equipping municipalities and businesses of all sizes to adopt a fully digital model in service of initiating or growing their waste and recycling management capabilities.
“Like Palantir, Rubicon is a company that truly understands the power of data in its ability to transform industries from the ground up, and both organizations believe firmly in the importance of sustainability as a key enterprise performance metric,” said Shyam Sankar, Chief Operating Officer at Palantir. “We are excited to enable Rubicon to expand and enhance their data operating system on Foundry.”
The scope of the new partnership with Palantir encompasses both internal and external deliverables, including:
- The development of new data collection and analysis tools
- Provision of greater insight into waste, recycling, and sustainability performance for Rubicon’s corporate customers, smart city partners, and hauler network
- Further optimization of customer and hauler service levels
- A joint go-to-market effort to commercialize advanced analytics capabilities
Palantir will also provide ongoing support to Rubicon, its customers, and partners through workflow development, onboarding, and training to maximize the value provided by these new tools.
The partnership with Rubicon is in line with Palantir’s commitment to support customers’ sustainability and corporate citizenship goals. Palantir is also partnering with some of the world’s leading organizations to power renewable energy, improve grid resilience, accelerate roll-out of e-mobility (EV networks and air travel), and accelerate the transition away from fossil fuels.