About Redigi
Redigi is a company based in Cambridge (United States) founded in 2010 by Larry Rudolph and John Ossenmacher. It operates as a B2C. Redigi has raised $2.27 million across 3 funding rounds. Redigi operates in a competitive market with competitors including hobbyDB, Collectibles.com, Gemr, COMC International and Encore Marketplace, among others.
- Headquarter Cambridge, United States
- Founders Larry Rudolph, John Ossenmacher
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Sectors
Retail
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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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Total Equity Funding
$2.27 M (USD)
in 3 rounds
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Latest Funding Round
$762.69 K (USD), Seed
Jul 16, 2012
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Investors
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Employee Count
Employee Count
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Funding Insights of Redigi
Redigi has successfully raised a total of $2.27M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $762.69 thousand completed in July 2012. 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 3
- Last Round Seed — $762,692
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First Round
First Round
(12 Apr 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2012 | Amount | Seed - Redigi | Valuation |
investors |
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| Jan, 2012 | Amount | Seed - Redigi | Valuation |
investors |
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| Apr, 2011 | Amount | Seed - Redigi | Valuation |
investors |
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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 |
Investments & Acquisitions by Redigi
| 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 - Redigi
| 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 |
Redigi Comparisons
Competitors of Redigi
Redigi 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 hobbyDB, Collectibles.com, Gemr, COMC International and Encore Marketplace, 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 |
Collectibles are managed and traded via an online P2P marketplace.
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| domain | founded_year | HQ Location |
Platform for collectors to buy, sell, and trade rare collectibles
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| domain | founded_year | HQ Location |
Operates a community-based online marketplace for buying and selling collectibles.
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| domain | founded_year | HQ Location |
Operates an online platform for buying and selling sports collectibles.
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| domain | founded_year | HQ Location |
Collectibles including art, stamps, and coins are traded online.
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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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Latest news on Redigi
Frequently Asked Questions about Redigi
When was Redigi founded?
Redigi was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Redigi located?
Redigi is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Who is the current CEO of Redigi?
John Ossenmacher is the current CEO of Redigi. They have also founded this company.
Is Redigi a funded company?
Redigi is a funded company, having raised a total of $2.27M across 3 funding rounds to date. The company's 1st funding round was a Seed of $535K, raised on Apr 12, 2011.
What does Redigi do?
Redigi, based in Cambridge, focuses on operating online marketplaces, digital marketplace, selling products via the internet, and pre-owned media. Operates a marketplace for pre-owned digital media products. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Redigi?
Redigi's top competitors include Collectibles.com, hobbyDB and Encore Marketplace.