About Rush
Rush is a company based in Sofia (Bulgaria) founded in 2020 was acquired by Shop Circle in April 2024.. Rush has raised $3 million across 2 funding rounds from investors including Shop Circle, Eleven and LAUNCHUB. Rush operates in a competitive market with competitors including DropCommerce, SmartSellClub, ShopInspect, Spreadr and Shopoo, among others.
- Headquarter Sofia, Bulgaria
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3 M (USD)
in 2 rounds
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Latest Funding Round
$2.7 M (USD), Seed
Apr 19, 2022
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Investors
Shop Circle
& 7 more
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Employee Count
Employee Count
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Acquired by
Shop Circle
(Apr 05, 2024)
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Funding Insights of Rush
Rush has successfully raised a total of $3M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.7 million completed in April 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 2
- Last Round Seed — $2.7M
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First Round
First Round
(04 Oct 2021)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Seed - Rush | Valuation | Eleven , LAUNCHUB | |
| Oct, 2021 | Amount | Seed - Rush | Valuation | LAUNCHUB |
| 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
Rush has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Shop Circle, Eleven and LAUNCHUB. 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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Venture capital fund investing in seed and series A startups
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Founded Year | Domain | Location | |
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YM
Yair Miron |
Angel investor and advisor, focused on early-stage Indian startups.
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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
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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.
|
2016 |
Financial Statements - Rush
| 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 Comparisons
Competitors of Rush
Rush 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 DropCommerce, SmartSellClub, ShopInspect, Spreadr and Shopoo, 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 |
Provider of drop-shipping solution for businesses
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| domain | founded_year | HQ Location |
Drop-shipping solutions are provided for businesses to source trending products.
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| domain | founded_year | HQ Location |
Delivers comprehensive drop-shipping solutions for businesses.
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| domain | founded_year | HQ Location |
Spreadr is an application for importing products from the Amazon catalog.
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| domain | founded_year | HQ Location |
Delivers automated drop-shipping software for business operations.
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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 Rush
Frequently Asked Questions about Rush
When was Rush founded?
Rush was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Rush located?
Rush is headquartered in Sofia, Bulgaria.
Is Rush a funded company?
Rush is a funded company, having raised a total of $3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $300K, raised on Oct 04, 2021.
What does Rush do?
Rush was founded in 2020 and is headquartered in Sofia, Bulgaria. Software solutions tailored for Shopify e-commerce platforms are developed and offered by the company. Key features encompass post-purchase shipping notifications, customizable tracking pages, upsells, cross-sells informed by customer behavior, multi-language capabilities, shipping insights, and reporting tools. Operations follow a subscription-based model to support e-commerce functionalities.
Who are the top competitors of Rush?
Rush's top competitors include DropCommerce, SmartSellClub and ShopInspect.
Who are Rush's investors?
Rush has 8 investors. Key investors include Shop Circle, Eleven, LAUNCHUB, Yair Miron, and Adii Pienaar.
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