About Rush ReCommerce
Rush ReCommerce is a company based in Omaha (United States) founded in 2017 by Doug Nielsen, Jeff DeRuiter, and Julie Mahloch.. Rush ReCommerce has raised $12.9 million across 1 funding round from investors including Beringea and Advantage Capital. Rush ReCommerce operates in a competitive market with competitors including Optoro, FloorFound, Zigzag Global, Freeing Returns and Returnmates, among others.
- Headquarter Omaha, United States
- Founders Doug Nielsen, Jeff DeRuiter, Julie Mahloch
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Sectors
Transportation, Automotive & LogisticsRetail
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.9 M (USD)
in 1 rounds
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Latest Funding Round
$12.9 M (USD), Series A
Jul 25, 2022
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Investors
Beringea
& 1 more
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Employee Count
Employee Count
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Funding Insights of Rush ReCommerce
Rush ReCommerce has successfully raised a total of $12.9M through 1 strategic funding round. The most recent funding activity was a Series A round of $12.9 million completed in July 2022. 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 1
- Last Round Series A — $12.9M
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First Round
First Round
(25 Jul 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series A - Rush ReCommerce | Valuation | Beringea |
| 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 Rush ReCommerce
Rush ReCommerce has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Beringea and Advantage 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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Investments are made in growth-stage startups by Beringea.
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Founded Year | Domain | Location | |
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Private equity investment firm
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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 Rush ReCommerce
| 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 - Rush ReCommerce
| 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 |
Rush Recommerce Comparisons
Competitors of Rush ReCommerce
Rush ReCommerce 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 Optoro, FloorFound, Zigzag Global, Freeing Returns and Returnmates, 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 |
Returned inventory is managed for e-commerce retailers via software solutions.
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| domain | founded_year | HQ Location |
Provider of oversized eCommerce returns management solution for businesses
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| domain | founded_year | HQ Location |
International returns are managed for brands and retailers worldwide.
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| domain | founded_year | HQ Location |
App-based solutions for managing retailer returns are offered.
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| domain | founded_year | HQ Location |
Web-based solutions for returns and reselling management are provided.
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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 Rush ReCommerce
When was Rush ReCommerce founded?
Rush ReCommerce was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is Rush ReCommerce located?
Rush ReCommerce is headquartered in Omaha, United States. It is registered at Omaha, Nebraska, United States.
Who is the current CEO of Rush ReCommerce?
Doug Nielsen is the current CEO of Rush ReCommerce. They have also founded this company.
Is Rush ReCommerce a funded company?
Rush ReCommerce is a funded company, having raised a total of $12.9M across 1 funding round to date. The company's 1st funding round was a Series A of $12.9M, raised on Jul 25, 2022.
What does Rush ReCommerce do?
Rush ReCommerce was established in 2017 in Omaha, United States, within the software sector focused on e-commerce logistics. Solutions are offered for handling product returns, assessing items for potential recovery, facilitating resales via online platforms, and managing overstock inventory. Operations center on streamlining reverse logistics for home goods retailers, supporting efficient reuse and revenue recovery processes across the supply chain.
Who are the top competitors of Rush ReCommerce?
Rush ReCommerce's top competitors include Optoro, Zigzag Global and FloorFound.
Who are Rush ReCommerce's investors?
Rush ReCommerce has 2 investors. Key investors include Beringea, and Advantage Capital.