About recteq
recteq was founded in 2009 by co-founders Ray Carnes and Ron Cundy. Kitchenware products are supplied by the company from its location in Evans, United States. Operations focus on the provision of these items within the consumer goods sector. The domain recteq.com is utilized for online presence and transactions. Geographic emphasis remains on the domestic market.
- Headquarter Evans, United States
- Founders Ray Carnes, Ron Cundy
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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
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Norwest Equity Partners
& 2 more
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Employee Count
Employee Count
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Funding Insights of recteq
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Seed - recteq | Valuation | Norwest Equity Partners , Yukon Partners |
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| 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 recteq
recteq has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Norwest Equity Partners, Yukon Partners and NMP Capital. 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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PE firm investing in the US
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Founded Year | Domain | Location | |
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Yukon Partners is engaged in providing private debt and equity solutions.
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Founded Year | Domain | Location | |
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Investment solutions are provided by NMP Capital to financial sponsors.
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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 recteq
| 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 - recteq
| 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 |
Recteq Comparisons
Competitors of recteq
| 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 recteq
When was recteq founded?
recteq was founded in 2009 and raised its 1st funding round 12 years after it was founded.
Where is recteq located?
recteq is headquartered in Evans, United States. It is registered at Evans, Georgia, United States.
What does recteq do?
recteq was founded in 2009 by co-founders Ray Carnes and Ron Cundy. Kitchenware products are supplied by the company from its location in Evans, United States. Operations focus on the provision of these items within the consumer goods sector. The domain recteq.com is utilized for online presence and transactions. Geographic emphasis remains on the domestic market.
Who are recteq's investors?
recteq has 3 investors. Key investors include Norwest Equity Partners, Yukon Partners, and NMP Capital.