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Rutter Raises $27M Led By A16Z To Build The Future Of Commerce Data

Mar 15, 2022•over 3 years ago

Amount Raised

$27 Million

San Francisco

Description

Rutter, a fast growing startup that is building a universal commerce API or "Plaid for Commerce" announced that it has raised a $27M Series A financing round led by a16z. Kristina Shen from a16z will be joining the board. This round also includes participation from new and existing investors including Comma Capital, Basis Set Ventures, Haystack, Mischief Capital (CEO of Plaid), The Chainsmokers and founders and executives from Plaid, Modern Treasury, RedHat, Airwallex and more.

Company Information

Company

Rutter

Location

San Francisco, California, United States

About

Rutter is a Universal Commerce API for reading and writing data across different ecommerce platforms, marketplaces, accounting systems and payment processors. Rutter was founded to make it easier for companies to access data to offer data driven loans, underwrite merchants and SMBs, launch in new marketplaces, streamline inventory syncing for brand management and more. Rutter is a remote first company backed by leading investors including a16z, Comma Capital, Basis Set Ventures, Haystack and Mischief Capital (CEO of Plaid). For more information, visit www.rutterapi.com SOURCE Rutter

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech