About Rhode Island Commerce
Rhode Island Commerce is a company based in Providence (United States) founded in 1995.. Rhode Island Commerce offers products and services including Innovation Voucher and Small Business Loan Fund.
- Headquarter Providence, United States
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Rhode Island Commerce Corporation
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$400 K (USD), Grant
May 01, 2012
-
Investors
U.S. Environmental Protection Agency
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Rhode Island Commerce
Rhode Island Commerce offers a comprehensive portfolio of products and services, including Innovation Voucher and Small Business Loan Fund. 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.
Provides funding for research and development partnerships in Rhode Island.
Offers financial support to help small businesses expand and operate.
Unlock access to complete
Funding Insights of Rhode Island Commerce
- Total Funding Total Funding
- Total Rounds 7
- Last Round Grant — $400,000
-
First Round
First Round
(26 Sep 2008)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2012 | Amount | Grant - Rhode Island Commerce | Valuation |
investors |
|
| Feb, 2011 | Amount | Grant - Rhode Island Commerce | Valuation |
investors |
|
| Nov, 2010 | Amount | Debt – Conventional - Rhode Island Commerce | 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 Rhode Island Commerce
Rhode Island Commerce has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include U.S. Environmental Protection Agency, Military Health and US Department of Labor. 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 |
|---|---|---|---|---|
|
Administers health care and support for military personnel and operations.
|
Founded Year | Domain | Location | |
|
Administers labor laws, provides worker benefits, and ensures workplace protections.
|
Founded Year | Domain | Location | |
|
Environmental protection and regulation are managed nationwide by the agency.
|
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 Rhode Island Commerce
| 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 - Rhode Island Commerce
| 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 |
Rhode Island Commerce Comparisons
Competitors of Rhode Island Commerce
| 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 Rhode Island Commerce
Frequently Asked Questions about Rhode Island Commerce
When was Rhode Island Commerce founded?
Rhode Island Commerce was founded in 1995 and raised its 1st funding round 13 years after it was founded.
Where is Rhode Island Commerce located?
Rhode Island Commerce is headquartered in Providence, United States. It is registered at Providence, Rhode Island, United States.
What does Rhode Island Commerce do?
Rhode Island Commerce was founded in 1995 as a government agency headquartered in Providence, United States. Operations center on economic development within the state, with services directed toward investment promotion and business facilitation. Focus is maintained on sectors that drive local commerce, including support for enterprises and infrastructure initiatives across Rhode Island. Leadership is provided by President Jesse Saglio.
What products or services does Rhode Island Commerce offer?
Rhode Island Commerce offers Innovation Voucher and Small Business Loan Fund.
Who are Rhode Island Commerce's investors?
Rhode Island Commerce has 3 investors. Key investors include U.S. Environmental Protection Agency, Military Health, and US Department of Labor.