About Rimeto
Rimeto is a Technology company based in San Francisco (United States) founded in 2016 by Neville Bowers, Maxwell Hayman, and Ted Zagat, and was acquired by Slack in July 2020. Employee engagement is enhanced via a directory-based communication platform. Rimeto has raised $10 million across 1 funding round from investors including Slack, USVP and BowX Acquisition Corp. The company has 13 employees. Rimeto offers products and services including Rimeto Platform, Data Integration, and Powerful Search. Its focus areas include Enterprise Applications, HRTech, Employee Engagement and Employee Communication. Its legal entity is RIMETO, INC. Its competitors include Simpplr, Moveworks and Jive Software; 3 of its 3 listed competitors have raised funding.
Company details
Rimeto was founded in 2016 and is headquartered in San Francisco, United States. An employee engagement solution is offered by the company within the HR technology sector. Operations focus on a platform that enables employees to search and discover colleague information across the organization. Connections are facilitated through integrated chat and email features to support internal communication.
- Headquarters San Francisco, United States
- Employees 13
- Founders Neville Bowers, Maxwell Hayman, Ted Zagat
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website rimeto.com
- Social LinkedIn X Facebook
- Acquired by Slack (Jul 2020)
- Legal Name Rimeto, Inc.
Products & Services of Rimeto
Rimeto offers a comprehensive portfolio of products and services, including Rimeto Platform, Data Integration, and Powerful Search.
Software for integrating data and enabling employee search and collaboration.
Tool for connecting enterprise applications to create unified employee views.
Feature for finding colleagues and events across organizations.
Funding Insights of Rimeto
Rimeto has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in August 2019. 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 $10M
- Total Rounds 1
- Last Round Series A — $10M
- First Round $10M
(Aug 2019)
- Investors Count 4
All 1 funding rounds of Rimeto with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2019 | $10M | Series A | – | USVP, Bow Capital |
5 investors in total: 4 institutional and 1 angel.
Investors in Rimeto
Rimeto has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Slack, USVP and BowX Acquisition Corp.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm that focuses on early stage investments in the US | usvp.com | Menlo Park, United States | ||
Venture capital firm linking startups to University of California networks. | 2020 | bowcapital.com | Menlo Park, United States | |
Early-stage investments are focused on by Floodgate in US startups. | floodgate.com | Menlo Park, United States | ||
Cloud-based team communication and collaboration platform is provided. | 2009 | slack.com | San Francisco, United States | |
RD Ray Dalio | Founder of Bridgewater Associates, influential investor, and author on economic principles. | unknown_9d92732d4c3d46f19 |
Investor details for Rimeto
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Rimeto
3 people are tracked at Rimeto (3 in leadership); the tracked headcount is 13.
| Name | Role | Group |
|---|---|---|
Neville Bowers | Founder | Leadership |
Maxwell Hayman | Founder | Leadership |
Ted Zagat | Founder | Leadership |
Complete people profiles for Rimeto
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Rimeto
3 dated milestones of Rimeto across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Rimeto is founded.
- Funding First funding round of $10.0M.
- Exit Acquired by Slack.
Competitors of Rimeto
Rimeto has 3 listed competitors in our database, 3 of them funded. They include Simpplr, Moveworks and Jive Software.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| simpplr.com | 2014 | Milpitas, United States | $118M | An AI platform is utilized for connecting employees across organizations. | ||
| moveworks.com | 2016 | Mountain View, United States | $315M | Cloud based platform for employee communication | ||
| jivesoftware.com | 2001 | Palo Alto, United States | $57.57M | 178 | Communication and collaboration solutions are provided to enterprises. |
Detailed competitors of Rimeto
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Top companies in HR & Workforce Technology
3 companies that operate in the same segment as Rimeto (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
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Related news about Rimeto
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Frequently Asked Questions about Rimeto
Rimeto was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Rimeto is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Rimeto is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Aug 2019.
Rimeto has 13 employees.
Rimeto was founded in 2016 and is headquartered in San Francisco, United States. An employee engagement solution is offered by the company within the HR technology sector. Operations focus on a platform that enables employees to search and discover colleague information across the organization. Connections are facilitated through integrated chat and email features to support internal communication.
Rimeto's top competitors include Moveworks, Simpplr and Jive Software.
Rimeto offers Rimeto Platform, Data Integration, and Powerful Search.
Rimeto has 5 investors. Key investors include Slack, USVP, BowX Acquisition Corp, Floodgate, and Ray Dalio.
Rimeto operates through Rimeto, Inc..
Yes. Rimeto was acquired by Slack in July 2020.