
Rivet
AI-powered fan management and monetization platform.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor investor investor investor | €0.0 | round | |
$1.9m | - | ||
Total Funding | 000k |
EUR | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Rivet is a fanbase management platform that utilizes artificial intelligence to provide musicians and creators with actionable insights into their fan communities. The company was co-founded in 2021 by Anj Fayemi, Simran Pabla, and Saad Rahman, who met at MIT. The platform's AI engine analyzes fan databases to recommend strategies for fan engagement, content publication, and monetization, helping artists grow their careers.
Initially based in Boston, Rivet relocated its headquarters to Chicago to better integrate with the city's music and entertainment scene and access its diverse tech talent pool from the local university ecosystem. The move was supported by a $500,000 investment from Drive Capital, with additional contributions from The Hustle Fund and Visible Hands. Rivet's business model focuses on providing tools that help creators understand fan preferences and behavior, enabling more effective engagement and the potential for the platform to execute campaigns on the creator's behalf using generative models.
Keywords: fan management, music technology, AI music, creator monetization, fan engagement, artist development, fan analytics, community management, direct-to-fan, music industry, creator economy, fan insights, Anj Fayemi, Simran Pabla, Saad Rahman