Rithum Raises £250K in Seed Funding







Rithum, a London, UK-based sensible residence connectivity firm, raised £250K in Seed funding.

The spherical was led by Jenson Funding Partners, with participation from the Capital Pilot Boost Fund.

The firm intends to make use of the funds to launch an enhanced model of its product, additional develop its {hardware} and software program plug-in expertise and rent software program engineering expertise.

Led by CEO Ryan Ovens, Rithum produces a contact panel that replaces an ordinary mild change, offering sensible residence management of programs like lighting, audio and local weather in one machine. Paid software program add-ons make the product appropriate for the mid- and upper- market while preserving it accessible to customers. in addition to crowd buyers.

Since being based in 2020, Rithum has offered over 1,600 units and a whole bunch of plug-ins, and has been distributed throughout a number of European markets.

FinSMEs

14/12/2022






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