When was Ruby founded?

Ruby was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is Ruby located?

Ruby is headquartered in New York City, United States.

How many employees does Ruby have?

As of May 31, 2026, the latest employee count at Ruby is 1.

Is Ruby a funded company?

Ruby is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on 2023.

When was the latest funding round of Ruby?

Ruby's latest funding was a $***** Seed round on 2023, with participation from 1 investor.

Where does Ruby rank among its competitors?

Ruby ranks 111th amongst 597 active competitors, of which 46 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was eCapital, which secured $388M in Oct, 2025.

Who are the top competitors of Ruby?

Ruby's top competitors include Lending Club, Fundbox and OnDeck. Among them, eCapital secured the most recent funding round in October, 2025.

Ruby - 2026 Company Profile, Team, Funding & Competitors

Ruby is a seed company based in New York City (United States), founded in 2022. It operates as a Provider of financing software solutions for e-commerce businesses. Ruby has raised $500K in funding. The company has 597 active competitors, including 46 funded and 25 that have exited. Its top competitors include companies like Lending Club, Fundbox and OnDeck.

Company Details

Provider of financing software solutions for e-commerce businesses. The solutions provided are a neo bank that offers e-commerce businesses spend management solutions, integrations across different e-commerce platforms, funds & financing for business operations, and more.

Website: spendruby.com
Email ID: *****@spendruby.com
Phone Number: +1 **********

Key Metrics

Founded Year

2022

Location

New York City, United States

Stage

Seed

Total Funding

$500K in 1 round

Latest Funding Round

Seed, 2023, $*****

Investors

Y Combinator & 1 more

Ranked

111^th among 597 active competitors

Employee Count

1 as on May 31, 2026

Similar Companies

Fundbox & 827 more

View Ruby's full profile

Ruby has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on 2023 for $*****. 1 investor participated in its latest round. Ruby has 2 institutional investors.

Here is the list of recent funding rounds of Ruby:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2023	3239	Seed	4409	2329	4360	1238

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View details of Ruby's funding rounds and investors

Ruby's employee count trend

Ruby has 1 employees as of May 26. Here is Ruby's employee count trend over the years:

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Top competitors of Ruby include Lending Club, Fundbox and OnDeck. Here is the list of Top 10 competitors of Ruby, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lending Club 2006, San Francisco (United States), Public	P2P marketplace for consumer and business loans	$219M	Wellington, BlackRock & 45 others	82/100
2nd	Fundbox 2013, San Francisco (United States), Series D	AI-based platform for business loans	$734M	Hoopp, Allianz X & 60 others	76/100
3rd	OnDeck 2007, New York City (United States), Acquired	Online platform for business loans	$197M	Sapphire Ventures, Tiger Global Management ... & 21 others	74/100
4th	Figure 2018, San Francisco (United States), Public	Blockchain-based platform for consumer loans	$435M	DST Global, Morgan Creek Capital Management ... & 51 others	74/100
5th	Taulia 2009, San Francisco (United States), Acquired	AI-based electronic invoicing and supply chain management solution for businesses	$220M	Trinity Ventures, Zouk Capital & 26 others	73/100
6th	Liquidity Group 2018, New York City (United States), Series C	Provider of AI-based solutions for business lending	$120M	Spark Capital, MUFG & 8 others	69/100
7th	8fig 2020, Austin (United States), Acquired	Provider of funding solutions for e-commerce businesses	$196M	Battery Ventures, Koch Disruptive Technologies ... & 6 others	68/100
8th	eCapital 2006, Miami (United States), Acquired	Provider of asset-based, supply chain, and invoice financing solutions	$81.9M	Ares Management	66/100
9th	Hello Alice 2015, Houston (United States), Series C	Online networking platform for businesses to launch and grow	$43.4M	SVB, QED Investors & 21 others	65/100
10th	PrimeRevenue 2003, Atlanta (United States), Series C	Provider of supply chain finance solutions optimizing cash flow for buyers and suppliers	$104M	Battery Ventures, RRE Ventures & 2 others	62/100
111th	Ruby 2022, New York City (United States), Seed	Provider of financing software solutions for e-commerce businesses	$500K	Y Combinator, Acacia Venture Capital Partners	27/100