About Rithum
Rithum is a company based in Atlanta (United States) founded in 1997 was acquired by CommerceHub in December 2023. It operates as a SaaS (Software-as-a-Service), and Two-Sided Marketplace. Rithum has raised $80.7 million across 5 funding rounds from investors including CommerceHub, NEA and Advanced Technology Ventures. Rithum offers products and services including Marketplace Listings, Inventory Management, Order Management, Retail Media Advertising, and Dropship. Rithum operates in a competitive market with competitors including Global-e, CommerceIQ, Cart.com, AnyMind Group and BigCommerce, among others.
- Headquarter Atlanta, United States
- Stage Public
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Sectors
TechnologyRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rithum Holdings, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$80.7 M (USD)
in 5 rounds
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Latest Funding Round
$20 M (USD), Series D
Sep 05, 2008
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Investors
CommerceHub
& 3 more
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Employee Count
Employee Count
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Acquired by
CommerceHub
(Dec 12, 2023)
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Products & Services of Rithum
Rithum offers a comprehensive portfolio of products and services, including Marketplace Listings, Inventory Management, Order Management, Retail Media Advertising, and Dropship. 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.
Product listings are streamlined for new revenue channels.
Inventory is managed to protect listings and margins.
Orders are centralized across all sales channels efficiently.
Retail media efficiency is driven for better sales.
Dropshipping is simplified to sell more, stock less.
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Funding Insights of Rithum
Rithum has successfully raised a total of $80.7M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $20 million completed in September 2008. 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 5
- Last Round Series D — $20.0M
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First Round
First Round
(28 Jan 2002)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2008 | Amount | Series D - Rithum | Valuation |
investors |
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| May, 2007 | Amount | Series C - Rithum | Valuation |
investors |
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| Apr, 2005 | Amount | Series B - Rithum | 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 Rithum
Rithum has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include CommerceHub, NEA and Advanced Technology Ventures. 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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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location | |
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VC firm making investment in early stage startups in the US
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Founded Year | Domain | Location | |
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Seed and early stage venture fund investing in North America and Canada
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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 Rithum
| 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 - Rithum
| 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 |
Rithum Comparisons
Competitors of Rithum
Rithum 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 Global-e, CommerceIQ, Cart.com, AnyMind Group and BigCommerce, 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 |
Software solutions for cross-border e-commerce industries are provided.
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| domain | founded_year | HQ Location |
AI platform for retail ecommerce management and optimization is provided.
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| domain | founded_year | HQ Location |
Software suite solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Platforms for e-commerce, marketing, and manufacturing are provided.
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| domain | founded_year | HQ Location |
SaaS-based software suites for e-commerce operations are provided.
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| domain | founded_year | HQ Location |
Provider of SaaS based marking solution
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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 Rithum
Frequently Asked Questions about Rithum
When was Rithum founded?
Rithum was founded in 1997 and raised its 1st funding round 5 years after it was founded.
Where is Rithum located?
Rithum is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.
Who is the current CEO of Rithum?
Bryan Dove is the current CEO of Rithum.
Is Rithum a funded company?
Rithum is a funded company, having raised a total of $80.7M across 5 funding rounds to date. The company's 1st funding round was a Series B of $18M, raised on Jan 28, 2002.
What does Rithum do?
Rithum is established as a key player in commerce operations, offering solutions for brands and retailers to list, market, and optimize products across major commerce channels. Operations are supported in sectors like e-commerce and retail, with tools for marketplace listings, inventory and order management, and retail media advertising. Solutions are provided to enhance fulfillment and delivery efficiency, enabling scalable revenue growth. Insights and reporting are consolidated to improve performance across channels, while AI-driven tools like RithumIQ are utilized to accelerate growth and simplify operations.
Who are the top competitors of Rithum?
Rithum's top competitors include CommerceIQ, Bazaarvoice and ShopUp.
What products or services does Rithum offer?
Rithum offers Marketplace Listings, Inventory Management, Order Management, Retail Media Advertising, and Dropship.
Who are Rithum's investors?
Rithum has 4 investors. Key investors include CommerceHub, NEA, Advanced Technology Ventures, and Kodiak Venture Partners.