Rivian

About

Rivian is an electric vehicle manufacturer that works to offset the carbon footprint.

Plymouth,Michigan,United States
10001 - max
http://www.rivian.com

Highlights

Details

Last Funding Type: Private Equity（PE）
Last Funding Money Raised: $2.50B
Industries: Automotive,Electric Vehicle,Manufacturing,Transportation
Founded date: Jan 1, 2009
Number Of Employee: 10001 - max
Operating Status: Active
Stock Symbol: nasdaq:RIVN
Legal Name: Rivian, LLC
Also Known As: Rivian Automotive

Rivian is an automotive technology company that develops products and services to advance the shift to sustainable mobility.

The company creates solutions that redefine traditional automotive economics and remove the pain points of conventional ownership. It also manufactures autonomous electric vehicles intended to offer a comfortable and eco-friendly drive experience.

Robert J. Scaringe founded Rivian in Plymouth, Minnesota in 2009.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

11

$22.63B

Rivian has raised a total of $22.63B in funding over 2 rounds. Their latest funding was raised on Nov 10, 2021 from a IPO round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 10, 2021	IPO	$11.93B	—	—	—	Detail
Jul 23, 2021	Private Equity（PE）	$2.50B	8	Climate Pledge Fund D1 Capital Partners Ford Motor T. Rowe Price	—	Detail
Jan 19, 2021	Private Equity（PE）	$2.65B	8	T. Rowe Price	—	Detail
Jul 10, 2020	Private Equity（PE）	$2.50B	8	T. Rowe Price	—	Detail
Dec 23, 2019	Private Equity（PE）	$1.30B	5	T. Rowe Price	—	Detail

Investments

Number of Investments

Number of Lead Investments

4

0

Rivian has made 4 investments. Their most recent investment was on Nov 7, 2017, when Sourceress raised $3.50M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Nov 7, 2017 Sourceress	Seed	$3.50M	Artificial Intelligence	—
May 9, 2017 Simple Habit	Seed	$2.50M	Fitness	—
Jun 24, 2015 HackerOne	Series B	$25M	Computer	—
Mar 10, 2015 Earn.com	Series B	$116M	Bitcoin	—

Investors

Number of Lead Investors

Number of Investors

11

18

Rivian is funded by 18 investors. Climate Pledge Fund and D1 Capital Partners are the most recent investors.

Investor Name	Lead Investor	Funding Round
Climate Pledge Fund	Yes	Private Equity（PE）
D1 Capital Partners	Yes	Private Equity（PE）
Ford Motor	Yes	Private Equity（PE）
T. Rowe Price	Yes	Private Equity（PE）
Cox Automotive	Yes	Corporate Round
Standard Chartered Bank	Yes	Debt Financing
Coatue	—	Private Equity（PE）
Dragoneer Investment Group	—	Private Equity（PE）
Fidelity Management and Research Company	—	Private Equity（PE）
Third Point Ventures	—	Private Equity（PE）