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 intake reaching $27.5M, the company has demonstrated a consistent ability to attract institutional backing. The most recent major strategic investment of $12.2M underscores the firm's ongoing commitment to scaling its operations and refining its product-market fit within the competitive apparel landscape.

What is Rhone?

Rhone
ManufacturingTextiles & ApparelRetail

Founded in 2014, Rhone occupies a distinct niche in the performance apparel industry, specifically targeting the void between mass-market retailers and high-end yoga-centric brands. By engineering technical garments that prioritize both aesthetic appeal and functional performance, the company has successfully integrated its products into high-traffic fitness environments, including Equinox and Barry's Bootcamp. This strategic placement, alongside partnerships with major retailers like Nordstrom and REI, positions Rhone as a lifestyle brand that bridges the gap between professional attire and athletic performance gear. The company's growth trajectory is defined by its focus on the modern male consumer who demands versatility and durability in their wardrobe.

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 operates as an angel investment and consulting firm that provides both capital and operational expertise to entrepreneurs, focusing on high-tech sectors and creative incubation.

Undisclosed Investor

Undisclosed investor participating in the funding round.

Undisclosed Investor

Undisclosed investor participating in the funding round.

What's next for Rhone?

Following the recent major strategic investment, Rhone is well-positioned to accelerate its omnichannel distribution strategy and deepen its penetration into the premium activewear market. The capital infusion provides the necessary liquidity to optimize supply chain efficiencies and potentially expand its footprint in both physical retail and digital direct-to-consumer channels. As the brand continues to scale, the focus will likely shift toward sustaining its premium positioning while exploring new product categories that align with its core engineering-first philosophy. By leveraging its established presence in elite fitness studios, Rhone is poised to maintain its competitive advantage against legacy athletic brands and emerging boutique competitors alike.

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Frequently Asked Questions Regarding Rhone Financial Insights

What are the most recent funding rounds that Rhone has completed, and what were the funding rounds?
Rhone has recently completed 3 funding rounds: Private Equity on Mar 23, 2017, Debt on Oct 3, 2016, Series A on Sep 20, 2015.
What is the total amount of funding Rhone has raised to date?
Rhone has raised a total of $27.5M in funding to date.
How many funding rounds has Rhone completed?
Rhone has completed 3 funding rounds.
How much funding did Rhone raise in its most recent funding round?
Rhone raised $12.2M in its most recent funding round.
Which was the largest funding round in Rhone's history?
The largest funding round in Rhone's history was $12.2M.
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