Tech Company Financing Transactions
Rivet Funding Round
On 2/14/2023, Rivet raised $5.6 million in Seed financing from Defy Partners, Augment Ventures and Detroit Venture Partners.
Transaction Overview
Company Name
Announced On
2/14/2023
Transaction Type
Venture Equity
Amount
$5,600,000
Round
Seed
Investors
Defy Partners (Lead Investor) (Neil Sequeira)
private investors (Derek Jeter)
private investors (Nick Bulcao)
LegalZoom (Brian Lee)
Proceeds Purpose
The $5.6 million raised will be used to accelerate product development and sales expansion into the more than $500 billion U.S. construction skilled trades market, which is seeing greater digital adoption to attract and retain a new generation of workers, according to Rivet. The raise also comes as seed rounds for proptech startups thin and shrink in 2023.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
3903 S. Congress Ave. 40216
Austin, TX 78704
USA
Austin, TX 78704
USA
Phone
Website
Email Address
Overview
Rivet, the world's most advanced all-in-one platform that generates content for social media, websites, and advertising that people actually want to read -- all while giving brands valuable insights into their customers and prospects at the same time. Rivet produces great content, at scale, that works.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Svatek
Chief Operating Officer
Dianna Koltz
Chief Technical Officer
Ben Lail
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