Rhone Funding: How Much Did They Raise & Key Investors

How Much Did Rhone Raise?
Funding & Key Investors

Rhone, a prominent player in the premium men's activewear sector, has successfully navigated multiple capital infusion rounds to solidify its market presence. With a cumulative capital injection reaching $27.5M, the company has demonstrated a robust trajectory of growth. The most recent strategic investment of $12.2M underscores the firm's commitment to scaling its operations and expanding its footprint within the competitive apparel landscape.

This latest financing round serves as a pivotal milestone, enabling the brand to further refine its product engineering and strengthen its distribution channels. By securing this significant backing, Rhone is well-positioned to capitalize on the increasing demand for high-performance, aesthetically driven menswear that bridges the gap between mass-market retailers and luxury athletic brands.

What is Rhone?

Rhone

Manufacturing

Textiles & Apparel

Retail

Founded in 2014, Rhone has carved out a distinct niche by engineering best-in-class activewear specifically tailored for the modern man. The company addresses a critical void in the market, offering apparel that balances technical performance with sophisticated design. Rhone's market position is bolstered by its strategic presence in high-traffic fitness environments, including partnerships with Equinox and Barry's Bootcamp, as well as retail placements in Nordstrom, REI, and JackRabbit. This omnichannel approach ensures that the brand remains accessible to its target demographic while maintaining a premium brand identity.

How much funding has Rhone raised?

Rhone has raised a total of $27.5M across 5 funding rounds:

2013

Debt

$660K

2015

Private Equity

$7.8M

Series A

$5M

2016

Debt

$1.8M

2017

Private Equity

$12.2M

Debt (2013): $660K, investors not publicly disclosed

Private Equity (2015): $7.8M, investors not publicly disclosed

Series A (2015): $5M supported by M3 Ventures

Debt (2016): $1.8M, investors not publicly disclosed

Private Equity (2017): $12.2M, investors not publicly disclosed

Key Investors in Rhone

M3 Ventures

M3 Ventures is an angel investment and consulting firm that provides capital and strategic expertise to entrepreneurs in high-tech and consumer sectors. They focus on incubating startups to help them launch successful, income-driven business models.

Undisclosed Investor

Undisclosed investor participating in the funding round.

Undisclosed Investor

Undisclosed investor participating in the funding round.

What's next for Rhone?

Looking ahead, the infusion of capital will likely be directed toward enhancing supply chain efficiencies and expanding the brand's direct-to-consumer digital infrastructure. As Rhone continues to scale, the focus will remain on product innovation and maintaining the high standards of quality that have defined its growth trajectory. The company is poised to leverage its existing retail partnerships to drive further brand awareness and customer acquisition. By maintaining its commitment to engineering superior products, Rhone is set to solidify its status as a leader in the premium activewear segment, potentially exploring new product categories or international market expansion in the coming fiscal periods.

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