About Rags
Rags is a company based in Lindon (United States) founded in 2014.. Rags has raised $1.5 million across 1 funding round from investors including Kickstart Fund, Jeremy Andrus and Davis Smith. Rags offers products and services including RAGS Rompers, Kids Tees, Infant Joggers, and Dresses. Rags operates in a competitive market with competitors including PatPat, Primary, Gymboree, Rockets of Awesome and Monica + Andy, among others.
- Headquarter Lindon, United States
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rags
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Annual Revenue
$12.1 M (USD)17as on Dec 31, 2022
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Net Profit
$1.89 M (USD)52as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$1.5 M (USD)
in 1 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Nov 29, 2018
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Investors
Kickstart Fund
& 3 more
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Employee Count
Employee Count
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Products & Services of Rags
Rags offers a comprehensive portfolio of products and services, including RAGS Rompers, Kids Tees, Infant Joggers, and Dresses. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Clothing items for kids with comfortable designs for everyday wear.
T-shirts for children in various styles and sizes.
Pants for infants offering ease and comfort.
Dresses for adults in different designs.
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Funding Insights of Rags
Rags has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in November 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.5M
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First Round
First Round
(29 Nov 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Seed - Rags | Valuation | Kickstart Seed Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rags
Rags has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Kickstart Fund, Jeremy Andrus and Davis Smith. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital funding is provided to early-stage startups.
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Founded Year | Domain | Location | |
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JA
Jeremy Andrus |
CEO of Traeger Grills, active angel investor in consumer brands
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Founded Year | Domain | Location |
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DS
Davis Smith |
Angel investor and entrepreneur, known for founding Cotopaxi, active in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rags
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Rags
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rags Comparisons
Competitors of Rags
Rags operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PatPat, Primary, Gymboree, Rockets of Awesome and Monica + Andy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category apparel for babies and moms is sold online.
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| domain | founded_year | HQ Location |
Multi-category kids' apparel is offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Internet first brand offering for kid's apparel
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| domain | founded_year | HQ Location |
Personalized kids' apparel is delivered through subscription boxes.
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| domain | founded_year | HQ Location |
Platform offering organic children's apparel brand
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| domain | founded_year | HQ Location |
Kid's apparel is offered by an internet-first brand.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Rags
When was Rags founded?
Rags was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Rags located?
Rags is headquartered in Lindon, United States. It is registered at Lindon, Utah, United States.
Is Rags a funded company?
Rags is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Seed of $1.5M, raised on Nov 29, 2018.
What is the annual revenue of Rags?
Annual revenue of Rags is $12.1M as on Dec 31, 2022.
What does Rags do?
Founded in 2014 and based in Lindon, United States, operations are focused on the childrens clothing sector as an internet-first brand. A range of products including t-shirts, dresses, onesies, and baby pouches is provided for children, alongside apparel and accessories for parents. Sales and distribution occur primarily through digital channels to serve family-oriented customers.
Who are the top competitors of Rags?
Rags's top competitors include Gymboree, Primary and Hanna Andersson.
What products or services does Rags offer?
Rags offers RAGS Rompers, Kids Tees, Infant Joggers, and Dresses.
Who are Rags's investors?
Rags has 4 investors. Key investors include Kickstart Fund, Jeremy Andrus, Davis Smith, and James Ho.