About Rithum
Rithum is a company based in Seattle (United States) founded in 2005 was acquired by CommerceHub in December 2014. It operates as a SaaS (Software-as-a-Service), and Two-Sided Marketplace. Rithum has raised $13.23 million across 5 funding rounds from investors including CommerceHub, Madrona and TVC Capital. 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 CallidusCloud, Yodle, RELEX, Zenput and Wasoko, among others.
- Headquarter Seattle, United States
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Sectors
RetailTechnology
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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
$13.23 M (USD)
in 5 rounds
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Latest Funding Round
$2.2 M (USD), Series C
Nov 19, 2010
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Investors
CommerceHub
& 2 more
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Employee Count
Employee Count
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Acquired by
CommerceHub
(Dec 18, 2014)
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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 without stock.
Funding Insights of Rithum
Rithum has successfully raised a total of $13.23M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $2.2 million completed in November 2010. 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 C — $2.2M
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2010 | Amount | Series C - Rithum | Valuation |
investors |
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| May, 2009 | Amount | Series B - Rithum | Valuation |
investors |
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| Jan, 2008 | Amount | Series B - Rithum | Valuation | TVC Capital |
| 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 |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rithum
Rithum has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include CommerceHub, Madrona and TVC Capital. 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 investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
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Founded Year | Domain | Location | |
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Growth equity investments are made in B2B software companies by TVC Capital.
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Founded Year | Domain | Location | |
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Cloud-based e-commerce fulfillment and marketing solutions are offered.
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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 CallidusCloud, Yodle, RELEX, Zenput and Wasoko, 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 |
Cloud-based solutions for sales, marketing, and pipeline management are provided.
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| domain | founded_year | HQ Location |
Online marketing service provider to local businesses
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| domain | founded_year | HQ Location |
Unified platform for retail and supply chain planning is offered.
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
Online B2B marketplace offering groceries for enterprises
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| domain | founded_year | HQ Location |
Automated personalized trigger-based emails are delivered for e-commerce behavior.
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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 2005.
Where is Rithum located?
Rithum is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Rithum a funded company?
Rithum is a funded company, having raised a total of $13.23M across 5 funding rounds to date. The company's 1st funding round was a Series B of $6.5M, raised on Jan 19, 2005.
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 management, and order processing. Solutions are provided to enhance fulfillment and delivery efficiency, ensuring scalability and profitability. Insights and reporting are consolidated to improve performance across channels, while marketing tools like retail media advertising are utilized to drive sales.
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 3 investors. Key investors include CommerceHub, Madrona, and TVC Capital.