About Rye
Rye is a Retail company based in New York (United States) founded in 2021 by Justin Kan and Robin Chan. Recommerce software solutions are provided for e-commerce businesses. It operates in the Retail and Technology sectors. Rye has raised $14 million across 1 funding round from investors including Electric Feel Ventures, Goat Capital and Solana Ventures. Its website rye.com draws about 10 thousand monthly visits. Rye offers products and services including Rye API and Free Onboarding App. Its focus areas include E-Commerce Enablers, Ecommerce Software Suite, Recommerce and Consumer. Its legal entity is Rye Worldwide, Inc. Its competitors include HYLA Mobile, Trove and Treet; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2021 and based in New York, United States, Rye operates in the recommerce sector for e-commerce. Software solutions are offered, including in-app buying links, payment gateways, inventory data retrieval from stores, and product recommendations. Resellers are connected with merchants, with commissions provided for product sales. Services are extended to industries such as fashion and consumer electronics.
- Total Equity Funding$14M (USD)
in 1 rounds
- Latest Funding Round$14M (USD), Series B
Oct 2022
- InvestorsElectric Feel Ventures
& 8 more
Products & Services of Rye
Rye offers a comprehensive portfolio of products and services, including Rye API and Free Onboarding App.
Enables product selling integration without inventory handling.
Facilitates brand management and commission processing.
Funding Insights of Rye
Rye has successfully raised a total of $14M through 1 strategic funding round. The most recent funding activity was a Series B round of $14 million completed in October 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 $14M
- Total Rounds 1
- Last Round Series B — $14M
- First Round $14M
(Oct 2022)
- Investors Count 9
All 1 funding rounds of Rye with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2022 | $14M | Series B | – | a16z |
9 investors in total: 6 institutional and 3 angel.
Investors in Rye
Rye has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Electric Feel Ventures, Goat Capital and Solana Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are funded by Goat Capital venture fund. | goat.vc | San Francisco, United States | ||
Solana Ventures is focused on investing in Solana-based companies. | solana.ventures | |||
Early-stage investments are made in innovative startups. | electricant.xyz | |||
L Catterton is recognized as a leading consumer-focused private equity group. | lcatterton.com | Greenwich, United States | ||
Venture capital investments in technology sectors are handled by Andreessen Horowitz. | a16z.com | |||
Multi-genre music is released by the record label. | 2013 | electricfeelent.com | Miami, United States | |
JB James Beshara | Angel investor, entrepreneur, co-founder of Tilt, active in Indian startup ecosystem | unknown_ccb844093e094b5c8 | ||
AI Andre Iguodala | NBA star, tech investor, active in Indian startup ecosystem | unknown_314f2919cbbe4bd3a | ||
JM JaVale McGee | unknown_eef2994ad3174d22b |
Investor details for Rye
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Rye
10 people are tracked at Rye (5 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Justin Kan | Co-Founder | Leadership |
Robin Chan | Co-Founder | Leadership |
Arjun Bhargava | Co-Founder & CEO | Leadership |
Sophia Willows | Head Of Engineering | Leadership |
Carrie Schoen | General Manager Product And Partnerships | Leadership |
Ajibade Adebayo | Founding Engineer | Team |
Thiago Balbo | Senior Software Engineer | Team |
Archer Zhang | Senior Software Engineer | Team |
Yee Ki Au | Growth & Analytics | Team |
Dima Zabello | Founding Engineer | Team |
Complete people profiles for Rye
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Rye
2 dated milestones of Rye across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Rye is founded.
- Funding First funding round of $14.0M.
Competitors of Rye
Rye has 3 listed competitors in our database, 3 of them funded. They include HYLA Mobile, Trove and Treet.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hylamobile.com | 2009 | Farmers Branch, United States | $148M | 327 | Tech-enabled mobile device trade-in and recommerce solutions are provided. | |
| trove.com | 2012 | Brisbane, United States | $148.83M | 254 | Recommerce management solutions are delivered to fashion companies worldwide. | |
| treet.co | 2021 | San Francisco, United States | $18.54M | 26 | A peer-to-peer resale marketplace for branded secondhand items is facilitated. |
Detailed competitors of Rye
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Rye
The website of Rye (rye.com) receives about 10.5K visits a month.
- Monthly visits10.5K
▲ 40.1% vs previous month
Websites whose visitors overlap most with Rye. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details | |
| linkedin.com | 98% | 1.9B | #18 | View details | |
buenosearch.com | buenosearch.com | 86% | – | ||
google.com.mx | google.com.mx | 85% | – | ||
mysearch.avg.com | mysearch.avg.com | 85% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for Rye
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Fashion & Lifestyle E-Commerce
2 companies that operate in the same segment as Rye (Fashion & Lifestyle E-Commerce) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Men's fashion apparel is offered online by Bonobos. | 2007 | New York, New York, United States | USD 127.67 M | |||
Online rental platform offering multi-category fashion products and accessories | 2009 | New York, New York, United States | USD 326.35 M | USD 306.2 M | 887 |
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Frequently Asked Questions about Rye
Rye was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Rye is headquartered in New York, United States. It is registered at New York, New York, United States.
Rye is a funded company, having raised a total of $14M across 1 funding round to date. The company's 1st funding round was a Series B of $14M, raised on Oct 2022.
Founded in 2021 and based in New York, United States, Rye operates in the recommerce sector for e-commerce. Software solutions are offered, including in-app buying links, payment gateways, inventory data retrieval from stores, and product recommendations. Resellers are connected with merchants, with commissions provided for product sales. Services are extended to industries such as fashion and consumer electronics.
Rye's top competitors include HYLA Mobile, Treet and Trove.
Rye offers Rye API and Free Onboarding App.
Rye has 9 investors. Key investors include Electric Feel Ventures, Goat Capital, Solana Ventures, Electric Ant, and L Catterton.
Rye operates through Rye Worldwide, Inc..