Rierino Raises $1.25M Seed to Drive Enterprise Innovation

Today, we are thrilled to announce that Rierino has raised $1.25 million in seed funding to fuel our growth across EMEA transforming digital businesses with smart low-code technologies.

The round brings on board the Future Impact Fund created by Tacirler Portfoy, one of Turkey's largest independent investment firms, and Vestel Ventures, the investment arm of a leading multinational conglomerate. We are honored to welcome such strategic allies as investors who not only believe in our vision but also bring a wealth of experience and insight to our growing ecosystem.

Special thanks are in order for our amazing team, early adopters, partners, and the entire community who have been a part of our journey from the start.

Transformative and Inclusive Technology at its Core

At the heart of Rierino lies our commitment to developing cutting-edge solutions that free in-house innovation from technology, resource, and skill constraints. Built on firsthand experiences with over 60 brands across 20 countries, Rierino’s low-code/no-code (LCNC) platform strives to break down the traditional barriers of advanced software development, making it accessible to a broader audience from citizen developers to data scientists.

Our high-impact modules for ecommerce such as PIM, CMS, Promotions, and Cart Management push the boundaries of composable commerce and completely adapt to unique tech stacks, business, and data models. Combined with embedded intelligence capabilities, they create a future-proof headless commerce platform that significantly cuts down development time and investment.

The funding will be instrumental in progressing our vision, expanding our talented team, and enhancing our capabilities across various fronts.

Investing in Tomorrow: The Backers Behind Rierino

Vestel is a renowned Turkish technology company that has made significant contributions to various sectors, including consumer electronics, home appliances, and information technology. Known for its innovative products and solutions, Vestel has established itself as a leading global player in the technology industry.

Complementing its core business, Vestel Ventures is the venture capital arm of the company, dedicated to investing in and supporting promising startups and emerging technologies. Vestel Ventures plays a crucial role in fostering innovation and technological advancement by identifying and nurturing disruptive ideas that align with Vestel's strategic goals. Through strategic investments, Vestel Ventures contributes to the growth of the broader technology ecosystem, reinforcing Vestel's position as a forward-thinking industry leader.

Regarding the investment, Vestel Ventures CEO and Investment Committee Member Metin Salt commented:

“Developed by a highly-experienced founding team, Rierino’s technology is intuitive and efficient further supporting its high growth potential. We foresee that Rierino’s unparalleled capabilities will be well-received in the market at a global scale.”

What’s Next: A Low-Code Revolution

The funding marks the beginning of an exciting chapter for Rierino. Over the coming months, we will focus on expanding our partnerships and integrations to strengthen our implementation capabilities and serve a wider array of customer use cases. Our disruptive ambitions transcend e-commerce and target all digital sectors that prioritize fast transformation and real-time data.

As we embark on this thrilling phase of growth, we invite you to join us on this journey. We are immensely grateful for the support we've received so far, and we look forward to making strides together as we shape the technological landscape.

Read more about the fundraise on Tech.eu and Silicon Canals.

Here's to innovation, collaboration, and the exciting road ahead!

Key Topics
Funding Announcement
Enterprise Innovation
EMEA Growth
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