Tech Company Financing Transactions
Ruti Funding Round
On 10/31/2019, Ruti received $6 million in Series A funding from Viola Ventures and private investors.
Transaction Overview
Company Name
Announced On
10/31/2019
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors
Viola Ventures (Lead Investor) (Daniel Cohen)
Proceeds Purpose
The investment will be used to expand development of its proprietary technology in boutiques, scale online, and open new retail locations.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
1300 Elmer St. B
Belmont, CA 94002
USA
Belmont, CA 94002
USA
Phone
Website
Email Address
Overview
Ruti is a tech-savvy fashion brand designed to provide the 35+ woman, who is looking for fashion that is cool, practical and flattering, with a highly personalized shopping experience. Ruti is headquartered in Belmont, CA, and currently has ten stores across the United States. The luxury brand was founded by Israeli-born designer Ruti Zisser.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ruti Zisser
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Where The Data Comes From
Our team works diligently to document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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