Rhino Health

Founded: 2018 • Age: 8 yrs Acquired By Honeywell
Disposable gloves are manufactured and supplied by Rhino Health.
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About Rhino Health

Rhino Health is a company founded in 2018 was acquired by Honeywell in July 2022. It operates as a Direct-to-Consumer (D2C), and Private Labeling / White Label. Rhino Health has raised $7 million across 2 funding rounds from investors including Honeywell. Rhino Health offers products and services including Nitrile Armor Protection Gloves.

  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Rhino Health Inc.
Operational Areas
Healthcare → Medical Devices & Diagnostics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $7 M (USD)

    in 2 rounds

  • Latest Funding Round
    $58 M (USD), Debt – Conventional

    Jul 29, 2022

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Honeywell

    (Jul 08, 2022)

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Products & Services of Rhino Health

Rhino Health offers a comprehensive portfolio of products and services, including Nitrile Armor Protection Gloves. 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.

Primary

Gloves are manufactured for reliable, armored hand protection.

People of Rhino Health
Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Kevin Shutack
Vice President of Sales and Marketing

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Funding Insights of Rhino Health

Rhino Health has successfully raised a total of $7M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $58 million completed in July 2022. 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 Rounds 2
  • Last Round Debt – Conventional — $58.0M
  • First Round

    (16 Sep 2021)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2022 Amount Debt – Conventional - Rhino Health Valuation

investors

Sep, 2021 Amount Series A - Rhino Health Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Rhino Health

Rhino Health has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Honeywell. 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.

All
Institutional
Investor Description Founded Year Domain Location
Diversified electronics and automation equipment are manufactured and supplied.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Rhino Health

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Rhino Health

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Rhino Health Comparisons

Employees
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Competitors of Rhino Health

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Rhino Health

Frequently Asked Questions about Rhino Health

When was Rhino Health founded?

Rhino Health was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Who is the current CEO of Rhino Health?

Mark Lee is the current CEO of Rhino Health.

Is Rhino Health a funded company?

Rhino Health is a funded company, having raised a total of $7M across 2 funding rounds to date. The company's 1st funding round was a Series A of $7M, raised on Sep 16, 2021.

What does Rhino Health do?

Rhino Health is focused on the production of high-quality American-made nitrile gloves, serving multiple industries including healthcare, aerospace, industrial, retail, and government entities. Operations are conducted with a commitment to restoring American manufacturing and supporting underserved communities. Facilities are established in Fort Worth, Texas, and Church Rock, New Mexico, with eco-friendly practices integrated into production. Solutions are provided to address supply chain challenges by ensuring fast, domestic delivery of durable protective gloves.

What products or services does Rhino Health offer?

Rhino Health offers Nitrile Armor Protection Gloves.

Who are Rhino Health's investors?

Rhino Health has 1 investor. Key investors include Honeywell.

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