Rye

About Rye

Rye provides agentic commerce infrastructure for seamless native in-app purchases. Its Universal Checkout API automates price, tax, and shipping retrieval, enabling users to complete transactions directly within AI experiences. This system uses AI browser automation with fraud mitigation to ensure high-reliability order completion across various web stores.

```xml <problem> Integrating e-commerce capabilities into applications typically requires developers to manage complex tasks such as inventory, fulfillment, and brand onboarding, creating significant operational overhead. Traditional procurement and brand partnership processes are slow, often taking weeks or months to onboard a single brand. </problem> <solution> Rye offers a suite of APIs and SDKs that enable developers to seamlessly integrate e-commerce functionality into their applications, providing access to a vast catalog of over 500 million products without the need to manage inventory or fulfillment. The platform streamlines brand onboarding through one-click connector apps, allowing brands to easily set and manage commissions. Developers can earn revenue through various methods, including surcharges, affiliate rewards, and commissions on products sold through their applications. Rye handles the operational complexity, allowing developers to focus on creating a rich, native e-commerce experience. </solution> <features> - Sell Anything API: Enables listing and selling of over 500 million products from major marketplaces with a single integration. - Sync API: Facilitates one-click brand onboarding with pre-built marketplace connector apps for commission management. - Automated order and delivery updates. - Ready-made UI components and a developer-first platform for increased productivity. - Support for multiple revenue streams, including surcharges, affiliate rewards, and commissions. </features> <target_audience> Rye primarily targets developers of marketplaces, gifting platforms, social platforms, and livestream platforms seeking to integrate e-commerce capabilities without managing inventory or brand partnerships. </target_audience> <revenue_model> Rye generates revenue through a combination of surcharges, affiliate rewards, and commissions earned on product sales facilitated through its platform. </revenue_model> ```

What does Rye do?

Rye provides agentic commerce infrastructure for seamless native in-app purchases. Its Universal Checkout API automates price, tax, and shipping retrieval, enabling users to complete transactions directly within AI experiences. This system uses AI browser automation with fraud mitigation to ensure high-reliability order completion across various web stores.

Where is Rye located?

Rye is based in San Francisco, United States.

When was Rye founded?

Rye was founded in 2021.

How much funding has Rye raised?

Rye has raised $14.3M.

Who founded Rye?

Rye was founded by Arjun Bhargava.

  • Arjun Bhargava - CEO
Location
San Francisco, United States
Founded
2021
Funding
$14.3M
Employees
98 employees
Investors
A16z CryptoCapitalTRumbo

Rye

10
Relative Traction Score based on online presence metrics compared to companies in the same age group.

Executive Summary

Rye provides agentic commerce infrastructure for seamless native in-app purchases. Its Universal Checkout API automates price, tax, and shipping retrieval, enabling users to complete transactions directly within AI experiences. This system uses AI browser automation with fraud mitigation to ensure high-reliability order completion across various web stores.

rye.com2K+
Founded 2021San Francisco, United States

Funding

No specific funding rounds found.

Total Funding

$14.3M

Backed by

A16z CryptoCapitalTNorrsken AcceleratorRumbo

Team (75+)

Arjun Bhargava

CEO

Saurabh Sharma

Chief Technology Officer

Company Description

Problem

Integrating e-commerce capabilities into applications typically requires developers to manage complex tasks such as inventory, fulfillment, and brand onboarding, creating significant operational overhead. Traditional procurement and brand partnership processes are slow, often taking weeks or months to onboard a single brand.

Solution

Rye offers a suite of APIs and SDKs that enable developers to seamlessly integrate e-commerce functionality into their applications, providing access to a vast catalog of over 500 million products without the need to manage inventory or fulfillment. The platform streamlines brand onboarding through one-click connector apps, allowing brands to easily set and manage commissions. Developers can earn revenue through various methods, including surcharges, affiliate rewards, and commissions on products sold through their applications. Rye handles the operational complexity, allowing developers to focus on creating a rich, native e-commerce experience.

Features

Sell Anything API: Enables listing and selling of over 500 million products from major marketplaces with a single integration.

Sync API: Facilitates one-click brand onboarding with pre-built marketplace connector apps for commission management.

Automated order and delivery updates.

Ready-made UI components and a developer-first platform for increased productivity.

Support for multiple revenue streams, including surcharges, affiliate rewards, and commissions.

Target Audience

Rye primarily targets developers of marketplaces, gifting platforms, social platforms, and livestream platforms seeking to integrate e-commerce capabilities without managing inventory or brand partnerships.

Revenue Model

Rye generates revenue through a combination of surcharges, affiliate rewards, and commissions earned on product sales facilitated through its platform.

Sources:

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Rye - Funding: $14.3M | StartupSeeker