Rye

New York, United States Founded: 2021 • Age: 5 yrs
Recommerce software solutions are provided for e-commerce businesses.
Annual revenue - Latest available
Total funding $14.0M 1 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Rye

Rye is a company based in New York (United States) founded in 2021 by Justin Kan and Robin Chan. Rye has raised $14 million across 1 funding round from investors including Electric Feel Ventures, Goat Capital and Solana Ventures. Rye offers products and services including Rye API and Free Onboarding App. Rye operates in a competitive market with competitors including HYLA Mobile, Trove, Archive, Treet and Recurate, among others.

  • Headquarter New York, United States
  • Founders Justin Kan, Robin Chan
  • Sectors
    Retail
    Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Rye Worldwide, Inc.
Operational Areas
Retail → Fashion & Retail Innovation Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $14 M (USD)

    in 1 rounds

  • Latest Funding Round
    $14 M (USD), Series B

    Oct 12, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of Rye

Rye offers a comprehensive portfolio of products and services, including Rye API and Free Onboarding App.

Product name locked
Category locked
Primary

Enables product selling integration without inventory handling.

Product name locked
Category locked
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Facilitates brand management and commission processing.

People of Rye

Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Ajibade Adebayo
Founding Engineer
People
Thiago Balbo
Senior Software Engineer
People
Arjun Bhargava
Co-Founder & CEO
People
Archer Zhang
Senior Software Engineer

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage startups are funded by Goat Capital venture fund.
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Solana Ventures is focused on investing in Solana-based companies.
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Early-stage investments are made in innovative startups.
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Investor details for Rye

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  • Investor domains
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Investments & Acquisitions by Rye

Investments
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Investment portfolio details for Rye

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Rye

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Detailed financials for Rye

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  • Profit trends
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Rye Comparisons

Rye Primary company
Description
Recommerce software solutions are provided for e-commerce bu...
Location
New York, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Rye

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Rye

Rye 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 HYLA Mobile, Trove, Archive, Treet and Recurate, among others.

Company Name Domain Founded year HQ Location Description
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Tech-enabled mobile device trade-in and recommerce solutions are provided.
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Recommerce management solutions are delivered to fashion companies worldwide.
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Archive is recognized as an influencer marketing and UGC management platform.
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A peer-to-peer resale marketplace for branded secondhand items is facilitated.
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Resale marketplace platform for eCommerce stores is provided.
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Detailed competitors of Rye

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Latest news on Rye

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Complete news archive for Rye

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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.

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, Recurate and Treet.

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.

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