Rivian was founded in 2009 by Robert "RJ" Scaringe. The company has not officially endorsed a plan to participate in an IPO.
Rivian, often touted as a competitor of Tesla, is an electric vehicle developer and manufacturer. The two products currently in development – an SUV and a pickup truck – are planned to have semi-autonomous capabilities and are designed for off-road use in addition to normal usage. The company has raised approximately $5.8 billion in Venture Capital funding from investors including BlackRock, T. Rowe Price, Soros, Fidelity, Baron Capital Group, Cox Automotive, Ford, and Amazon.com. Per company press releases, Rivian last raised $2.5 billion in July 2020 at an undisclosed post-money valuation.
Rivian does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Rivian will be known as it becomes public. Here are similar public companies: Tesla (NAS: TSLA), Rivian (NAS: RIVN), Ford (NYS: F), Uber (NYS: UBER), Lyft (NAS: LYFT).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 1/19/2021 | Series F | $28.34B | $XXX.XX | $XXX.XX |
| 7/10/2020 | Series E | $12B | $XXX.XX | $XXX.XX |
| 12/23/2019 | Series D | $8.5B | $XXX.XX | $XXX.XX |
| 9/10/2019 | Series C | $7B | $XXX.XX | $XXX.XX |
| 4/24/2019 | Series B | $6B | $XXX.XX | $XXX.XX |
| 2/17/2019 | Series A | $4B | $XXX.XX | $XXX.XX |
