Rivian

Electric pickups and SUVs for consumers, electric commercial delivery vans and accessories. It also develops vehicle software and electrical architecture, partly through a joint venture with Volkswagen Group.

Mobility & logisticsElectric vehicle manufacturingIrvine, United States
FoundersSince 2009
Valuation
$28B
Total raised
$11B
Last round · Oct 2026
Credit facility
Founded
2009
Employees
15,232
Quarters in VP50
6

Valuation

$1B$10B20202021$28B
Rivian priced rounds
RoundDatePost-money valuationRaisedLed by
Series CSep 10, 2019$3.5B$350MCox Automotive
Series FJan 19, 2021$28B$2.6Bfunds and accounts advised by T. Rowe Price Associates, Inc.
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: no place
  2. Q1 2024: no place
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: no place
  6. Q1 2025: no place
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #28, held for two quarters in a row.

Funding rounds

DateRound · leadRaisedValuation
Oct 7, 2026Credit facility · Volkswagen Group$1.0B—
Jul 6, 2026Public offering$1.3B—
Apr 30, 2026Strategic investment · Volkswagen Group$1.0B—
Mar 19, 2026Strategic investment · SMB Holding Corporation$300M—
Jul 2, 2025Strategic investment · Volkswagen Group$1.0B—
Jun 2, 2025Debt financing$1.3B—
Jan 16, 2025Debt financing · U.S. Department of Energy$6.0B—
Jun 25, 2024Convertible note · Volkswagen International America Inc.$1.0B—
Oct 4, 2023Convertible note$1.7B—
Mar 7, 2023Convertible note$1.5B—
Oct 2021Debt financing$1.3B—
Jul 23, 2021Convertible note · Amazon's Climate Pledge Fund, D1 Capital Partners, Ford Motor Company, funds and accounts advised by T. Rowe Price Associates, Inc.$2.5B—
Sep 10, 2019Series C · Cox Automotive$350M$3.5B
Apr 24, 2019Series B · Ford Motor Company$500M—
Feb 2019Series A · Amazon$700M—
Nov 2018Convertible note · Global Oryx Company Limited$100M—
Apr 2018Credit facility · Standard Chartered Bank$200M—

Team

Rivian | Venture Place