About The Riveter
The Riveter is a company based in Seattle (United States) founded in 2016 by Amy Sterner Nelson. It operates as a Subscription Services. The Riveter has raised $52.43 million across 6 funding rounds from investors including Alpha Edison, Madrona and Anne-Marie Slaughter. The company has 83 employees as of December 31, 2019. The Riveter has completed 1 acquisition, including Allobee. The Riveter offers products and services including Membership, Growth Lab, and Private Strategy. The Riveter operates in a competitive market with competitors including WeWork, Industrious, Convene, Mindspace and Selina, among others.
- Headquarter Seattle, United States
- Employees 83 as on 31 Dec, 2019
- Founders Amy Sterner Nelson
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Sectors
Real Estate & Construction
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name The Riveter, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$52.43 M (USD)
in 6 rounds
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Latest Funding Round
$30 M (USD), Series B
Jul 11, 2022
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Investors
Alpha Edison
& 14 more
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Employee Count
83
as on Dec 31, 2019
- Investments & Acquisitions
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Products & Services of The Riveter
The Riveter offers a comprehensive portfolio of products and services, including Membership, Growth Lab, and Private Strategy. 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.
Membership is offered for professional brand building support.
Growth Lab is provided for advanced coaching and feedback.
Private Strategy is tailored for personalized career strategy sessions.
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Funding Insights of The Riveter
The Riveter has successfully raised a total of $52.43M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in July 2022. 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 6
- Last Round Series B — $30.0M
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First Round
First Round
(13 Jan 2017)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series B - The Riveter | Valuation |
investors |
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| Dec, 2018 | Amount | Series A - The Riveter | Valuation | Alpha Edison , Womens VC Fund II | |
| Mar, 2018 | Amount | Series A - The Riveter | Valuation | Madrona Venture Group |
| 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 The Riveter
The Riveter has secured backing from 15 investors, including venture fund and angel investors. Prominent investors backing the company include Alpha Edison, Madrona and Anne-Marie Slaughter. 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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Series A and growth-stage investments are made by Alpha Edison.
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Founded Year | Domain | Location | |
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Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
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Founded Year | Domain | Location | |
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US tech investments are made by Womens VC Fund II.
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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 The Riveter
The Riveter has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Allobee. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Professional training services are provided by Allobee to clients.
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - The Riveter
| 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 |
The Riveter Comparisons
Competitors of The Riveter
The Riveter 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 WeWork, Industrious, Convene, Mindspace and Selina, 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 |
Flexible office and coworking spaces are provided by WeWork globally.
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| domain | founded_year | HQ Location |
Flexible workspace solutions are provided for teams and individuals.
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| domain | founded_year | HQ Location |
Managed co-working spaces with conference rooms and amenities are offered.
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| domain | founded_year | HQ Location |
Managed co-working spaces are provided for users and landlords.
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| domain | founded_year | HQ Location |
Online platform for booking hostel accommodation and co-working spaces for travelers
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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 The Riveter
Frequently Asked Questions about The Riveter
When was The Riveter founded?
The Riveter was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is The Riveter located?
The Riveter is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of The Riveter?
Amy Sterner Nelson is the current CEO of The Riveter. They have also founded this company.
Is The Riveter a funded company?
The Riveter is a funded company, having raised a total of $52.43M across 6 funding rounds to date. The company's 1st funding round was a Series A of $4.75M, raised on Jan 13, 2017.
How many employees does The Riveter have?
As of Dec 31, 2019, the latest employee count at The Riveter is 83.
What does The Riveter do?
The Riveter is dedicated to helping women build authentic professional brands through various membership plans. Services are offered in the form of coaching, workshops, and community support to navigate career pivots and uncertainties in the modern work environment. Solutions are provided for individuals in corporate roles, solopreneurs, and those seeking independent income streams. The focus is placed on storytelling and audience growth to empower women across different sectors.
Who are the top competitors of The Riveter?
The Riveter's top competitors include WeWork, Convene and Industrious.
What products or services does The Riveter offer?
The Riveter offers Membership, Growth Lab, and Private Strategy.
How many acquisitions has The Riveter made?
The Riveter has made 1 acquisition, including Allobee.
Who are The Riveter's investors?
The Riveter has 15 investors. Key investors include Alpha Edison, Madrona, Anne-Marie Slaughter, Liz Lange, and Blake Mycoskie.