Rive
Building the world’s most accurate AI-powered real estate platform to make buying and selling homes fast and simple.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 Valuation: €0.0 666.7x EV/Revenue | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| EUR | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 15 % | (87 %) | 162 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (45 %) | (72 %) | (720 %) | (376 %) |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
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In 2017, Kalle Salmi founded Rive, a company with a vision to simplify the complex world of real estate transactions. Based in Helsinki, Rive emerged as a leading player in the PropTech industry, focusing on providing efficient and transparent brokerage services for buying, selling, and renting residential properties.
Rive's innovative approach centered around an AI-powered real estate data platform, which allowed them to offer instant property valuations and streamline the transaction process. This technology-driven model positioned Rive as a pioneer in the European iBuyer market, offering homeowners a quick and hassle-free way to sell their properties.
In a significant milestone, Rive raised a total of $25.8 million over two funding rounds, attracting investment from seven different investors. This capital injection enabled Rive to expand its operations and enhance its technological capabilities, further solidifying its position in the market.
Throughout its journey, Rive has remained committed to its mission of making real estate transactions simple and stress-free. By leveraging cutting-edge technology and maintaining a customer-centric approach, Rive continues to redefine the real estate landscape, making it easier for people to navigate the housing market.
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