Tech Company Financing Transactions

Rhone Funding Round

Rhone closed a $5 million Series A venture capital round on 9/22/2015. Investors included private investors.

Transaction Overview

Company Name
Announced On
9/22/2015
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors

private investors (David Stern)

private investors (Ryen Russillo)

private investors (Shane Battier)

private investors (Steve Bornstein)

Proceeds Purpose
The company intends to use the funds to further product research and development, increase distribution, drive customer acquisition through strategic marketing opportunities, double the headcount, and expand into a 4,000 square foot retail storefront and office in Stamford, CT by early next year.

Company Information

Company Status
Private & Independent
Industry
Consumer
Mailing Address
59 Grove St. 1H
New Canaan, CT 06840
USA
Email Address
Overview
As a group of busy professionals and passionate athletes, our team became perplexed by the tremendous gap in activewear. Rhone was created to fill that void, speaking directly to how men live, work, and sweat. We wanted clothes that stand up to the test of everyday transition times.
Profile
Rhone LinkedIn Company Profile
Social Media
Rhone Company Twitter Account
Company News
Rhone News
Facebook
Rhone on Facebook
YouTube
Rhone on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nate Checketts
  Nate Checketts LinkedIn Profile  Nate Checketts Twitter Account  Nate Checketts News  Nate Checketts on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/22/2015: CoverHound venture capital transaction
Next: 9/22/2015: Just Biotherapeutics venture capital transaction

 

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Where The Data Comes From

We report on funding rounds that are announced publicly. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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