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- Rive
Rive Funding, Investors & Competitors
Rive has raised $146M across 4 funding rounds, most recently a $24M Series A in November 2022.
Last Rive funding round
$24M
Series A · Nov 2022
Cumulative funding Rive raised
$146M
across 4 funding rounds
Key investors in Rive
Speedinvest
Icebreaker.vc
Adevinta Ventures
FJ Labs
Acurio Ventures
IDC Ventures
GE32 Capital
Schibsted
About Rive
Helsinki-headquartered Rive is a full-service real estate platform operating in Finland, Poland, and Spain for buying, selling, renovating, and financing homes. The iBuying service provides cash offers to sellers and delivers turnkey renovated properties to buyers in cities like Warsaw, Madrid, and Barcelona. Founded in 2017 by Homerun Technologies, it employs local agents for transactions.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Product sales
Rive Funding History
Rive has raised a total of $146M across 4 funding rounds.
Rive's first fundraising round was a $2M seed round in August 2018. The most recent completed round was a $24M Series A in November 2022.
Rive funding rounds
| Date | Stage | Investors | Raised |
|---|---|---|---|
| Nov 2022 | Series A | IDC Ventures (lead) | $24M |
| Oct 2020 | Undisclosed stage | NREP (lead) | $117M |
| May 2019 | Series A | Acurio Ventures; FJ Labs; Speedinvest; GE32 Capital; Adevinta Ventures; Icebreaker.vc | $3M |
| Aug 2018 | Seed | Adevinta Ventures (lead); Schibsted (lead); Speedinvest (lead); Icebreaker.vc | $2M |
Who has invested in Rive?
9 investors have backed Rive across its funding rounds, including Speedinvest, Icebreaker.vc, Adevinta Ventures, FJ Labs, Acurio Ventures and IDC Ventures.
Lead investors include IDC Ventures, NREP, Adevinta Ventures, Schibsted and Speedinvest.
Rive Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Aug 2018 | ||
| 2 | Lead | Aug 2018 | ||
| 2 | Participant | Aug 2018 | ||
| 1 | Participant | May 2019 | ||
| 1 | Lead | Oct 2020 | ||
| 1 | Participant | May 2019 | ||
| 1 | Participant | May 2019 | ||
This data is available for Pro users. Sign up to see all 9 Rive investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Rive
Rive has acquired 1 company to date.
Last acquisition by Rive was on May 20th 2021. Rive acquired Lucas for undisclosed valuation.
Latest Acquisitions by Rive
| Description | Lucas is a Madrid-based proptech company that facilitates homeownership for millennials via a rent-to-buy model. Customers invest 5 percent of a property's value, while Lucas finances the remaining 95 percent and leases the flat back with an option to purchase within three to five years at a fixed price. Rental payments accumulate as equity credits atop the initial deposit. Operating primarily in Spain, the platform launched in 2019 and targets urban renters seeking flexibility between tenancy and ownership without purchase commitment. |
| HQ Country | |
| HQ City | Madrid |
| Deal Date | 20 May 2021 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Rive acquisitions and their M&A valuation multiples. Start Free Trial | |
Rive Competitors
Rive competitors include listed companies like Swire Properties, Swiss Prime Site, PSP Swiss Property and FIBRA Prologis, and private ones like Habi and Orchard.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $2B | $152M | $18B | 9.9x | ||
| Publicly listed | $672M | $499M | $12B | 32.2x | ||
| Publicly listed | $434M | $390M | $8.3B | 28.5x | ||
| Publicly listed | $648M | $114M | $7.2B | 13.2x |
Rive Public Comps
Rive is still privately-owned, but its public comps include Brookfield, Brookfield Asset Management, Vingroup, Samsung C&T, CBRE, Sun Hung Kai Properties, D.R. Horton, Goodman Group, Emaar Properties and Mitsubishi Estate.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $75B | $32B | 6.1x | 59.5x | 14.4x | 64.8x | |||
| $4.6B | $3.2B | 17.6x | 13.6x | 25.1x | 24.6x | |||
| $13B | $3.1B | 6.2x | 5.0x | 25.8x | 37.1x | |||
| $30B | $3.8B | 1.5x | 1.4x | 11.9x | 13.2x | |||
| $41B | $2.5B | 1.2x | 1.1x | 19.8x | 13.6x | |||
| $10B | $4B | 4.8x | 4.2x | 12.4x | 12.4x | |||
| $34B | $4.7B | 1.3x | 1.4x | 9.5x | 10.4x | |||
| $1.8B | - | 21.7x | 16.9x | - | 20.0x | |||
This data is available for Pro users. Sign up to see all Rive competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Rive
| When was Rive founded? | Rive was founded in 2017. |
| Where is Rive headquartered? | Rive is headquartered in Helsinki, Finland. |
| Is Rive publicly listed? | No, Rive is a private, VC-backed company. |
| How much funding has Rive raised? | Rive has raised $146M across 4 funding rounds. |
| What was Rive's last funding round? | Rive's last funding round was a $24M Series A in November 2022, led by IDC Ventures. |
| Who are Rive's investors? | Rive's investors include Speedinvest, Adevinta Ventures, Icebreaker.vc, Acurio Ventures, NREP, FJ Labs, GE32 Capital, Schibsted and IDC Ventures. |
| Which companies are comparable to Rive? | Companies comparable to Rive include Habi, Orchard, Swire Properties, Swiss Prime Site, PSP Swiss Property and FIBRA Prologis. |
| How many companies has Rive acquired? | Rive has acquired 1 company, including Lucas. |
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