Rye
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Rye - overview
Established
2021
Location
San Jose, CA, US
Primary Industry
Software
About
Based in California, US, and founded in 2021, Operator Labs Worldwide, Inc. , doing business as Rye, operates as a software development company. The company was founded by its CEO Arjun Bhargava, CTO Saurabh Sharma, Jamie Quint, Justin Kan, Tikhon Bernstam, and Robin Chan. In October 2022, Rye Store Builder raised USD 14 million in venture funding led by Andreessen Horowitz, Electric Ant Lab B.
V. , Electric Feel Management, and Goat Capital. Rye develops and provides developer tools and APIs that are utilized by customers, merchants, and developers. The company uses its software to build the foundation of various online marketplaces, including Amazon, Walmart, and Shopify.
Through the company’s platform, customers earn rewards on any transaction, including USDC cash-back rewards, NFT drops, and coupons. It offers multiple features, including integrated checkout and inventory management. The company plans to use the funds raised in October 2022 to develop product and engineering teams and to start decentralizing its infrastructure.
Current Investors
L Catterton, Andreessen Horowitz, Goat Capital
Primary Industry
Software
Sub Industries
Application Integration Software, Sales & Marketing Software
Website
www.rye.com
Verticals
Cloud Computing
Company Stage
Angel & Seed
Total Amount Raised
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