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.
RIVN
23.08 as of 9/28/23
Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
---|---|---|---|---|
1/19/2021 | Series F | $2.65B raised | $XXX.XX | $XXX.XX |
7/10/2020 | Series E | $2.5B raised | $XXX.XX | $XXX.XX |
12/23/2019 | Series D | $1.3B raised | $XXX.XX | $XXX.XX |
9/10/2019 | Series C | $383.84MM raised | $XXX.XX | $XXX.XX |
4/24/2019 | Series B | $500MM raised | $XXX.XX | $XXX.XX |
2/17/2019 | Series A | $600MM raised | $XXX.XX | $XXX.XX |