About rightmart
rightmart is a company based in Bremen (Germany) founded in 2015 by Philipp Hammerich and Jan Frederik Strasmann.. rightmart has raised $30.63 million across 2 funding rounds from investors including KS/AUXILIA and LVM Versicherung. rightmart offers products and services including Legal Consultation, Court Representation, and Diesel Scandal Claims. rightmart operates in a competitive market with competitors including LegalShield, ABC Legal, Enlyte, Factor and Legasis, among others.
- Headquarter Bremen, Germany
- Founders Philipp Hammerich, Jan Frederik Strasmann
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Sectors
Professional & Legal Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rightmart Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$30.63 M (USD)
in 2 rounds
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Latest Funding Round
$30.63 M (USD), Series B
Jul 13, 2023
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Investors
KS/AUXILIA
& 1 more
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Employee Count
Employee Count
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Products & Services of rightmart
rightmart offers a comprehensive portfolio of products and services, including Legal Consultation, Court Representation, and Diesel Scandal Claims. 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 expert guidance on legal issues like employment and housing
Represents clients in disputes and claims proceedings
Assists with compensation for affected vehicle owners
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Funding Insights of rightmart
rightmart has successfully raised a total of $30.63M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $30.63 million completed in July 2023. 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 2
- Last Round Series B — $30.6M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2023 | Amount | Series B - rightmart | Valuation |
investors |
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| Feb, 2022 | Amount | Series A - rightmart | Valuation |
investors |
| 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 rightmart
rightmart has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include KS/AUXILIA and LVM Versicherung. 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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Legal protection insurance is provided by KS/AUXILIA for various clients.
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Founded Year | Domain | Location | |
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Insurance and financial services are provided by LVM Versicherung.
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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 rightmart
| 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 - rightmart
| 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 |
Rightmart Comparisons
Competitors of rightmart
rightmart 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 LegalShield, ABC Legal, Enlyte, Factor and Legasis, 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 |
Legal consultation services are accessed via vetted law firms.
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| domain | founded_year | HQ Location |
E-filing platform for legal case data and documents is provided.
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| domain | founded_year | HQ Location |
Integrated solutions for P&C insurance claims management are offered.
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| domain | founded_year | HQ Location |
Factor is engaged in AI-integrated legal solutions and consulting.
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| domain | founded_year | HQ Location |
Cloud-based software for enterprise legal management is offered.
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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 rightmart
When was rightmart founded?
rightmart was founded in 2015 and raised its 1st funding round 7 years after it was founded.
Where is rightmart located?
rightmart is headquartered in Bremen, Germany. It is registered at Bremen, Bremen, Germany.
Is rightmart a funded company?
rightmart is a funded company, having raised a total of $30.63M across 2 funding rounds to date.
What does rightmart do?
rightmart, established in 2015, excels in enterprise applications, developing legal technology, and tech enabled law firms. Provider of consumer law services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of rightmart?
rightmart's top competitors include ABC Legal, Factor and LegalShield.
What products or services does rightmart offer?
rightmart offers Legal Consultation, Court Representation, and Diesel Scandal Claims.
Who are rightmart's investors?
rightmart has 2 investors. Key investors include KS/AUXILIA, and LVM Versicherung.
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