Rush ReCommerce Raises $12.9M in Series A Funding

Rush ReCommerce Logo

Rush ReCommerce, an Omaha, NE-based provider of recommerce software and related services, raised $12.9M in Series A funding.

The round was led by Beringea with participation from Advantage Capital.

The company intends to use the funds to enhance its solution and accelerate the growth of its recommerce network.

Co-founded by Doug Nielsen, Julie Mahloch, and Jeff DeRuiter, Rush ReCommerce has developed a solution for home goods ecommerce returns and excess products. With its solution, products are returned directly to Rush’s network and processed with specialized software that evaluates products for greater recovery. The company is pioneering resale of open box home goods online, through its flagship marketplace The Rush Market with over 150 manufacturers and brands on the platform currently.

FinSMEs

26/07/2022