Rigado
Latest round
- Series A
Last raised
- Jun 2018
Total raised
- $20M
Investors
- 5
About Rigado
Rigado, Inc.Founded in 2010 and headquartered in Salem, US, Rigado, Inc. specializes in IoT systems designed for retail environments. The company has undergone strategic pivots to enhance its technology offerings and capture market demand. The firm has conducted two notable deals to date.Rigado specializes in providing integrated Internet of Things (IoT) solutions tailored for retail enterprises. Their core product offerings include the Cascade 500 IoT Gateway and Cascade 5000 IoT Access Point, which enable seamless connectivity for a range of devices, including electronic shelf labels (ESLs) and various sensors used in inventory management, food safety, and in-store security. These devices facilitate continuous inventory tracking, conditions monitoring to mitigate food spoilage, and enhanced security measures through digital locks. Rigado’s solutions are designed to serve a diverse clientele that includes retailers, grocery stores, quick service restaurants, and pharmaceutical companies, primarily within North America and Europe.Rigado generates revenue through a combination of hardware sales and service subscriptions, enabling businesses to implement their IoT solutions effectively. The transaction structure typically involves B2B engagements, where retailers and other enterprises purchase Rigado’s IoT hardware, such as the Cascade 5000 Access Point, and subscribe to ongoing support and monitoring services. This dual revenue model ensures that clients benefit from both the product's capabilities and the associated services for optimal performance. Specific pricing plans are structured around the complexity and scale of the solutions deployed, reflecting the integration of multiple devices and sensors within their operational framework. The company is focused on designing upcoming IoT solutions that enhance device connectivity and operational efficiency for retail clients. Plans are in place to expand into additional geographic markets, particularly targeting regions in Europe by the end of 2023.
Who invested in Rigado
5 investors across 2 rounds
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Questions about Rigado
Who invested in Rigado?
Rigado has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Rigado raised?
Rigado has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Rigado last raise money?
Rigado's most recent round on record is a Series A, in Jun 2018.
What does Rigado do?
Rigado is a software company.
Where is Rigado headquartered?
Rigado is headquartered in Salem, US.
Which VCs invest in companies like Rigado?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Rigado's stage. Their profiles are linked below.
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