When was Rye founded?

Rye was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Rye located?

Rye is headquartered in New York City, United States.

How many employees does Rye have?

As of Apr 30, 2026, the latest employee count at Rye is 105.

Is Rye a funded company?

Rye is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Oct 12, 2022.

When was the latest funding round of Rye?

Rye's latest funding was a $***** Seed round on Oct 12, 2022, with participation from 9 investors.

Where does Rye rank among its competitors?

Rye ranks 6th amongst 30 active competitors, of which 12 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Free Standard, which secured $8.6M in Mar, 2026.

Who are the top competitors of Rye?

Rye's top competitors include HYLA Mobile, Trove and reverse.supply. Among them, Free Standard secured the most recent funding round in March, 2026.

Rye - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of recommerce software solutions for e-commerce businesses. The software solutions provided are buying links in-app, payment gateway, inventory data retrieval from stores, product recommendations, and more. The company also connects resellers with merchants and provides commissions for product sales. The company caters to businesses like fashion, consumer electronics, and more.

Website: rye.com
Social
Email ID: *****@rye.com

Key Metrics

Founded Year

2021

Location

New York City, United States

Stage

Seed

Total Funding

$14M in 1 round

Latest Funding Round

Seed, Oct 12, 2022, $*****

Investors

Andreessen Horowitz & 9 more

Ranked

6^th among 30 active competitors

Employee Count

105 as on Apr 30, 2026

Similar Companies

HYLA Mobile & 31 more

View Rye's full profile

Rye has raised a total funding of $14M over 1 round. Its latest funding round was a Seed round on Oct 12, 2022 for $*****. 9 investors participated in its latest round. Rye has 7 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of Rye:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 12, 2022	8729405	Seed	3452904	4112958	7369986	3320713

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View details of Rye's funding rounds and investors

The founders of Rye are Robin Chan and Justin Kan.

Here are the details of Rye's key team members:

Robin Chan: Co-Founder of Rye and founder of 4 other companies, including Operation Masks, Fractal and Goat Capital. They are also an angel investor in 5 startups.
Justin Kan: Co-Founder of Rye and founder of 4 other companies, including Exec, Stash and Twitch.

View details of Rye's Founder profiles and Board Members

Rye's employee count trend

Rye has 105 employees as of Apr 26. Here is Rye's employee count trend over the years:

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Top competitors of Rye include HYLA Mobile, Trove and reverse.supply. Here is the list of Top 10 competitors of Rye, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	HYLA Mobile 2009, Farmers Branch (United States), Acquired	Provider of tech-enabled mobile device trade-in and recommerce solutions	$148M	Kleiner Perkins, Silver Lake & 6 others	62/100
2nd	Trove 2012, Brisbane (United States), Series E	Recommerce management solutions for fashion companies	$150M	Wellington, G2 Venture Partners & 20 others	60/100
3rd	reverse.supply 2020, Berlin (Germany), Acquired	Provider of re-commerce solution for brands & retailers	$5.5M	Capnamic Ventures, Dutch Founders Fund & 9 others	53/100
4th	Recurate 2020, Washington, DC (United States), Acquired	Provider of resale marketplace platform for eCommerce stores	$17.7M	Gradient Ventures, Jump Capital & 10 others	49/100
5th	Arrive 2017, Santa Monica (United States), Series A	Platform offering re-commerce solutions for brands and retailers	$25M	Javelin Venture Partners, Climactic & 12 others	45/100
6th	Rye 2021, New York City (United States), Seed	Provider of recommerce software solutions for e-commerce businesses	$14M	L Catterton, Andreessen Horowitz & 8 others	41/100
7th	Free Standard 2020, Setagaya (Japan), Series A	Provider of re-commerce solutions for brands and e-commerce businesses	$12.6M	Mizuho Bank, Bricks Fund Tokyo & 6 others	38/100
8th	Sella 2019, Portland (United States), Seed	Provider of recommerce software suite solutions to merchants to sell on marketplaces	$3M	Flying Fish Ventures, Speedinvest & 5 others	36/100
9th	Recustomer 2021, Tokyo (Japan), Series A	Provider of platform optimizing post-purchase customer experience for e-commerce businesses	$6.28M	Coral Capital, SBI Investment & 7 others	35/100
10th	Create2STAY 2021, Aarhus (Denmark), Seed	Re-commerce software solutions provider for brands and retailers	$1.06M	Coop Invest & 2 others	35/100