About RuMe
RuMe is a company based in Centennial (United States) founded in 2008.. RuMe has raised $5.35 million across 3 funding rounds from investors including PineBridge Investments, MVC Capital and Topspin Consumer Partners. The company has 23 employees as of December 31, 2022. RuMe operates in a competitive market with competitors including Senreve, DAGNE DOVER, BEIS, RTIC and Rareform, among others.
- Headquarter Centennial, United States
- Employees 23 as on 31 Dec, 2022
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Rume 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
$5.35 M (USD)
in 3 rounds
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Latest Funding Round
$3.4 M (USD), Series A
May 19, 2014
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Investors
PineBridge Investments
& 2 more
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Employee Count
23
as on Dec 31, 2022
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Funding Insights of RuMe
RuMe has successfully raised a total of $5.35M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3.4 million completed in May 2014. 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 3
- Last Round Series A — $3.4M
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First Round
First Round
(08 Dec 2010)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2014 | Amount | Series A - RuMe | Valuation | MVC Capital |
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| Jul, 2011 | Amount | Seed - RuMe | Valuation | PineBridge Investments , MVC Capital |
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| Dec, 2010 | Amount | Seed - RuMe | Valuation |
investors |
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| 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 RuMe
RuMe has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include PineBridge Investments, MVC Capital and Topspin Consumer Partners. 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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Founded Year | Domain | Location | |
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Topspin Consumer Partners is engaged in private equity investments focused on consumer brands.
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Founded Year | Domain | Location | |
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Diversified investment management in multi-asset and fixed income is conducted.
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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 RuMe
| 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 - RuMe
| 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 |
Rume Comparisons
Competitors of RuMe
RuMe 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 Senreve, DAGNE DOVER, BEIS, RTIC and Rareform, 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 |
Women's handbags are designed in NYC and made in Italy.
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| domain | founded_year | HQ Location |
Chic handbags and accessories are designed, produced, and sold.
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| domain | founded_year | HQ Location |
Multi-category bags are offered by internet-first brand BEIS.
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| domain | founded_year | HQ Location |
Kitchen supplies and apparel are offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Billboards are converted into unique bags and accessories by Rareform.
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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 RuMe
When was RuMe founded?
RuMe was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Where is RuMe located?
RuMe is headquartered in Centennial, United States. It is registered at Centennial, Colorado, United States.
Is RuMe a funded company?
RuMe is a funded company, having raised a total of $5.35M across 3 funding rounds to date. The company's 1st funding round was a Seed of $450K, raised on Dec 08, 2010.
How many employees does RuMe have?
As of Dec 31, 2022, the latest employee count at RuMe is 23.
What does RuMe do?
RuMe was established in 2008 in Centennial, United States, as a private label brand in the sustainable goods sector. Reusable bags are designed in Denver and manufactured in South Korea under fair trade practices. The product line consists of versatile and durable items, including shopping, grocery, and tote bags, intended for everyday reuse by consumers focused on environmental impact. Operations emphasize functionality and affordability in the reusable products market.
Who are RuMe's investors?
RuMe has 3 investors. Key investors include PineBridge Investments, MVC Capital, and Topspin Consumer Partners.
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