About Rivet
Rivet is a Media & Entertainment company based in Guernsey founded in 2019 by Nicholas K. Rivet is developed as an open-source software library for stateful applications. It operates on a SaaS (Software-as-a-Service) model. Rivet has raised $500 thousand across 1 funding round from investors including Y Combinator. Its chief executive is Nicholas K. Rivet offers products and services including Rivet Actors. Its focus areas include Technology, Software and Development Tools. Its legal entity is Rivet Gaming, Inc. Its competitors include GyPSii, Sefi AI, Konect, TRONAce and Fan-Club; 1 of its 5 listed competitors has raised funding.
Company details
Rivet is built as an open-source alternative to Durable Objects, focusing on long-lived, stateful compute processes. It is designed for modern applications requiring scalability, real-time updates, and fault tolerance. Solutions are provided for various use cases such as AI agents, multiplayer games, and multi-tenant SaaS. The library is integrated with tools like Node.js, React, and Redis, and can be deployed across serverless platforms or custom infrastructure. Emphasis is placed on fast data access, type safety, and user proximity through edge storage.
- Total Equity Funding$500K (USD)
in 1 rounds
- Latest Funding Round$500K (USD), Seed
Jun 2023
- Investors
Products & Services of Rivet
Rivet offers a comprehensive portfolio of products and services, including Rivet Actors.
A library for stateful, scalable application development.
Funding Insights of Rivet
Rivet has successfully raised a total of $500K through 1 strategic funding round. The most recent funding activity was a Seed round of $500 thousand completed in June 2023. 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 $500,000
- Total Rounds 1
- Last Round Seed — $500,000
- First Round $500,000
(Jun 2023)
- Investors Count 1
All 1 funding rounds of Rivet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2023 | $500,000 | Seed | – | Y Combinator | – |
1 investors in total: 1 institutional.
Investors in Rivet
Rivet has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States |
Investor details for Rivet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Rivet
1 people are tracked at Rivet (1 in leadership).
| Name | Role | Group |
|---|---|---|
Nicholas K | Co-Founder & CEO | Leadership |
Complete people profiles for Rivet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Rivet
2 dated milestones of Rivet across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Rivet is founded.
- Funding First funding round of $500K.
Competitors of Rivet
Rivet has 5 listed competitors in our database, 1 of them funded. They include GyPSii, Sefi AI, Konect, TRONAce and Fan-Club, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gypsii.com | 2007 | Amsterdam, Netherlands | $24.1M | – | Location-based social platform connecting people, places, and communities. | |
| sefi.ai | 2022 | Tel Aviv, Israel | – | – | Personalized game-based platforms are generated via API by Sefi AI. | |
| konect.gg | 2021 | Lyon, France | – | – | SaaS social platform is offered for gaming enthusiasts' communities. | |
| tronace.com | 2019 | United States | – | – | Blockchain game incubation and development platform is provided for developers. | |
| fan-club.xyz | 2023 | New York, United States | – | – | Platform for football fan engagement via community tools, eSports contests, and interactive perks. |
Detailed competitors of Rivet
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Gaming Platforms & Ecosystem
10 companies that operate in the same segment as Rivet (Gaming Platforms & Ecosystem), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital entertainment, e-commerce, and financial services are provided globally. | 2006 | Singapore, Singapore, Singapore | USD 721.47 M | USD 22.94 B | 3,733 | |
Gaming hardware and accessories are developed for players. | 2005 | Irvine, California, United States | USD 126.27 M | – | 1,981 | |
Provider of cross-platform game engine technology | 1991 | Cary, North Carolina, United States | USD 8.13 B | – | 11,961 | |
VR-based head-mounted displays for gaming are provided by Oculus. | 2012 | Menlo Park, California, United States | USD 107.05 M | – | – | |
ESports social video streaming platform | 2006 | San Francisco, California, United States | USD 35.12 M | – | – | |
Microsoft is recognized for software, hardware, and gaming solutions. | 1975 | Redmond, Washington, United States | – | USD 281.72 B | 228,000 | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 997.58 M | USD 101.34 M | 307 | |
Custom overlay apps for PC games are developed. | 2009 | Ramat Gan, Tel Aviv District, Israel | USD 149.74 M | – | – | |
Valve Corporation is engaged in gaming, digital distribution, and hardware development. | 1996 | Bellevue, Washington, United States | – | – | 1,855 | |
Unity is recognized as a leading real-time development platform. | 2004 | San Francisco, California, United States | USD 893.5 M | USD 1.85 B | 7,102 |
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Frequently Asked Questions about Rivet
Rivet was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Rivet is headquartered in Guernsey.
Nicholas K is the current CEO of Rivet. They have also founded this company.
Rivet is a funded company, having raised a total of $500K across 1 funding round to date. The company's 1st funding round was a Seed of $500K, raised on Jun 2023.
Rivet is built as an open-source alternative to Durable Objects, focusing on long-lived, stateful compute processes. It is designed for modern applications requiring scalability, real-time updates, and fault tolerance. Solutions are provided for various use cases such as AI agents, multiplayer games, and multi-tenant SaaS. The library is integrated with tools like Node.js, React, and Redis, and can be deployed across serverless platforms or custom infrastructure. Emphasis is placed on fast data access, type safety, and user proximity through edge storage.
Rivet offers Rivet Actors.
Rivet has 1 investor. Key investors include Y Combinator.
Rivet operates through Rivet Gaming, Inc..