About Rever
Rever is a company based in Ho Chi Minh City (Vietnam) founded in 2016. It operates as a Two-Sided Marketplace, Commission-Based, and PropTech. Rever has raised $16.5 million across 3 funding rounds from investors including Korea Investment Holdings, VinaCapital and India Innovation Fund. Rever offers products and services including Property Sales, Property Rentals, and 3D Virtual Tours. Rever operates in a competitive market with competitors including RSQUARE and OHIO, among others.
- Headquarter Ho Chi Minh City, Vietnam
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Sectors
Real Estate & Construction
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Công Ty Cổ Phần Công Nghệ Rever
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.5 M (USD)
in 3 rounds
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Latest Funding Round
$10.2 M (USD), Series B
Aug 20, 2021
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Investors
Korea Investment Holdings
& 4 more
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Employee Count
Employee Count
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Products & Services of Rever
Rever offers a comprehensive portfolio of products and services, including Property Sales, Property Rentals, and 3D Virtual Tours. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Properties are sold through an online platform.
Rental properties are offered via digital listings.
Immersive 3D tours are provided for properties.
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Funding Insights of Rever
Rever has successfully raised a total of $16.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10.2 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $10.2M
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First Round
First Round
(12 Jun 2019)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series B - Rever | Valuation | Mekong Capital |
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| Sep, 2019 | Amount | Series A - Rever | Valuation | Korea Investment Holdings , Golden Equator Capital | |
| Jun, 2019 | Amount | Series A - Rever | Valuation | VinaCapital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rever
Rever has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Korea Investment Holdings, VinaCapital and India Innovation Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Mekong Capital is recognized as a leading private equity firm in Vietnam.
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Founded Year | Domain | Location | |
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India focused early stage mivro VC firm
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Founded Year | Domain | Location | |
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Investment holding firm established in Seoul in 2003.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rever
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Rever
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rever Comparisons
Competitors of Rever
Rever operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RSQUARE and OHIO, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online listing platform for commercial properties
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| domain | founded_year | HQ Location |
Delivers an online brokerage service platform for users.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rever
Frequently Asked Questions about Rever
When was Rever founded?
Rever was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Rever located?
Rever is headquartered in Ho Chi Minh City, Vietnam.
Is Rever a funded company?
Rever is a funded company, having raised a total of $16.5M across 3 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Jun 12, 2019.
What does Rever do?
Rever is involved in the real estate sector, focusing on property sales and rentals through an online platform. Services are provided for apartments, houses, land, and office spaces across various districts in Vietnam. Innovative solutions like 3D virtual tours are integrated to enhance customer experience. The company also partners with prominent developers and offers market analysis and training through Rever Academy. Operations are centered in urban areas like Ho Chi Minh City, catering to both buyers and renters.
What products or services does Rever offer?
Rever offers Property Sales, Property Rentals, and 3D Virtual Tours.
Who are Rever's investors?
Rever has 5 investors. Key investors include Korea Investment Holdings, VinaCapital, India Innovation Fund, Mekong Capital, and Golden Equator Capital.