About Ryvit
Ryvit is a Technology company based in St. Louis (United States) founded in 2014 by Tom Stemm, and was acquired by Trimble in January 2023. Business applications are integrated via a no-code service platform. Ryvit has raised $3.5 million across 1 funding round from investors including Trimble, Dreampact Ventures and Dragon Capital. Its chief executive, as recorded, is Tom Stemm. Its focus areas include Enterprise Infrastructure, PaaS, iPaaS and Enterprise Applications. Its competitors include Sage Group, Informatica and Acumatica; 1 of its 3 listed competitors has raised funding.
Company details
Founded in 2014 and based in St. Louis, United States, Ryvit operates in the software integration sector. An integration as a service platform is provided, enabling connections between users applications and other business-critical tools. Access to APIs is required from users, after which integrations are built without involvement from developers or implementation teams. These integrations can be reused to link corresponding database objects with additional applications on the platform.
Funding Insights of Ryvit
Ryvit has successfully raised a total of $3.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.5 million completed in August 2019. 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 $3.5M
- Total Rounds 1
- Last Round Seed — $3.5M
- First Round $3.5M
(Aug 2019)
- Investors Count 4
All 1 funding rounds of Ryvit 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 |
|---|---|---|---|---|---|
| Aug 2019 | $3.5M | Seed | – | Dreampact Ventures |
5 investors in total: 5 institutional.
Investors in Ryvit
Ryvit has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Trimble, Dreampact Ventures and Dragon Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are made in early-stage companies by Dreampact Ventures. | 2020 | dreampact.com | ||
Dragon Capital is focused on investment opportunities in Vietnam. | 1994 | dragoncapital.com | Ho Chi Minh City, Vietnam | |
Venture capital fund focused on Agtech and multiple sectors | serraventures.com | Champaign, United States | ||
Venture capital funds focused in tech startups | dragoncapital.vc | Fremont, United States | ||
Cloud-based positioning solutions are offered for industrial sectors. | 1978 | trimble.com | Sunnyvale, United States |
Investor details for Ryvit
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People of Ryvit
12 people are tracked at Ryvit (1 in leadership, 11 in team).
| Name | Role | Group |
|---|---|---|
Tom Stemm | Founder & CEO | Leadership |
Richy Varghese | Product Manager | Team |
Zach Sauer | Sales Manager | Team |
Richard Steele | Senior Integration Specialist | Team |
Seth Johnson | Software Engineer | Team |
Thomas Drueke | Customer Success Engineer/Integration Specialist | Team |
Kyle Stirmlinger | Customer Success Engineer | Team |
Derek Scheller | Senior Software Engineer | Team |
Edward Cancino | Customer Success Engineer (integrations) | Team |
John Theodore | Senior Quality Assurance Engineer | Team |
Joshua Mikes | Customer Success Engineer | Team |
Rich Chamberlain | Senior Integration Engineer | Team |
Complete people profiles for Ryvit
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Timeline of Ryvit
3 dated milestones of Ryvit across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Ryvit is founded.
- Funding First funding round of $3.5M.
- Exit Acquired by Trimble.
Competitors of Ryvit
Ryvit has 3 listed competitors in our database, 1 of them funded. They include Sage Group, Informatica and Acumatica.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sage.com | 1981 | United States | 1,877 | Cloud-based accounting and payroll solutions for small and medium businesses | ||
| informatica.com | 1993 | Redwood, United States | 1,796 | Cloud based enterprise data preparation and management platform | ||
| acumatica.com | 2008 | Kirkland, United States | $48.3M | 151 | Cloud-based ERP software is offered for small and medium enterprises. |
Detailed competitors of Ryvit
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Top companies in PaaS & SaaS Platforms
3 companies that operate in the same segment as Ryvit (PaaS & SaaS Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A cloud-based database-as-a-service platform is provided for application development. | 2007 | New York, New York, United States | USD 311.32 M | USD 2.46 B | 8,070 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 | |
Cloud-based software for continuous application development and deployment. | 2013 | San Francisco, California, United States | USD 212 M | 205 |
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Frequently Asked Questions about Ryvit
Ryvit was founded in 2014 and raised its 1st funding round 5 years after it was founded.
Ryvit is headquartered in St. Louis, United States. It is registered at St. Louis, Missouri, United States.
Tom Stemm is the CEO of Ryvit, as recorded in our data. They have also founded this company.
Ryvit is a funded company, having raised a total of $3.5M across 1 funding round to date. The company's 1st funding round was a Seed of $3.5M, raised on Aug 2019.
Founded in 2014 and based in St. Louis, United States, Ryvit operates in the software integration sector. An integration as a service platform is provided, enabling connections between users applications and other business-critical tools. Access to APIs is required from users, after which integrations are built without involvement from developers or implementation teams. These integrations can be reused to link corresponding database objects with additional applications on the platform.
Ryvit's top competitors include Sage Group, Acumatica and Informatica.
Ryvit has 5 investors. Key investors include Trimble, Dreampact Ventures, Dragon Capital, Serra Ventures, and Dragon Capital.
Yes. Ryvit was acquired by Trimble in January 2023.