# RangeMe America

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rangeme-america

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.rangeme.com
- Total disclosed funding: $8M
- Latest round: Seed (May 5, 2016)
- Investors on record: 6

## About

RangeMe America LLC is a B2B product discovery platform that connects retail buyers with suppliers, streamlining product sourcing and visibility for over 200,000 brands.Founded in 2015, RangeMe America LLC is based in San Francisco, US. The company operates a product discovery platform that connects suppliers and retail buyers, effectively facilitating commerce. The founding team includes Ash Fernandes, Darryl Jackson, and Nicky Jackson, with Darryl Jackson also serving as CEO. In May 2016, the company raised USD 4.0 mn in a Seed round, co-led by Freestyle Capital, Simon Equity Partners, and Transmedia Capital, among other investors. The total amount raised to date is USD 4.0 mn across two deals.RangeMe operates a B2B product discovery platform primarily designed for retail buyers and suppliers. Its core offerings allow suppliers to create customizable and professional profiles that showcase their products and brand stories, facilitating greater visibility and connection with potential buyers. The platform enables buyers to efficiently search for new products and manage submissions, streamlining the process of acquiring new items for their retail spaces. The target clientele includes over 15,000 retail and foodservice buyers, as well as more than 200,000 brands across various geographical markets, including the United States, Canada, Australia, Europe, Mexico, New Zealand, and the United Kingdom. With features like direct buyer-supplier communication, sample requests, and deal negotiations, the platform enhances product accessibility and addresses key market challenges.The company's revenue model is centered around facilitating transactions between suppliers and retail buyers through its platform. This includes subscription fees for suppliers to maintain their profiles and access buyer insights, along with potential fees associated with exclusive buyer meetings and events designed to foster retail partnerships. The platform serves as an intermediary, allowing suppliers to engage in direct-to-business transactions, thus enabling retailers to source products quickly and efficiently. Pricing for subscription plans and services is tailored to clients' needs, providing flexibility in partnership agreements.RangeMe plans to leverage its recent USD 4.0 mn Seed funding raised in May 2016 to enhance its platform features and expand its market presence. The funds will be utilized to develop new functionalities that cater to evolving buyer needs and improve supplier engagement. The company aims to target expansion into additional geographical regions, specifically focusing on increasing its footprint in Europe and Asia by 2025. By enhancing product offerings and entering these new markets, RangeMe seeks to strengthen its position in the B2B marketplace.

## Funding rounds

- Seed, May 5, 2016, $4M — Transmedia Capital, Simon Equity Partners, Freestyle VC, Kindred Ventures, JGL
- Seed, Jun 6, 2015, $4M — Monash Private Capital, JGL

## Investors

- Monash Private Capital (https://capitalatlas.ai/funds/monash-private-capital) — Seed
- JGL — Seed
- Transmedia Capital (https://capitalatlas.ai/funds/transmedia-capital) — Seed
- Simon Equity Partners (https://capitalatlas.ai/funds/simon-equity-partners) — Seed
- Freestyle VC (https://capitalatlas.ai/funds/freestyle-vc) — Seed
- Kindred Ventures (https://capitalatlas.ai/funds/kindred-ventures) — Seed