# Rivian Automotive

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rivian-automotive

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Irvine, US
- Website: www.rivian.com
- Total disclosed funding: $6.5B
- Latest round: Series F (Jan 19, 2021)
- Investors on record: 10

## About

Based in California, US, and founded in 2009 by RJ Scaringe, Rivian Automotive, LLC is an automotive technology company that manufactures autonomous electric vehicles which were launched in 2018. In July 2021, Rivian, LLC raised USD 2.5 billion in pre-IPO funding co-led by Amazon, D1 Capital Partners, Ford Motor Company, and T. Rowe Price, with participation from other returning investors Coatue Management, Fidelity Investments, Dragoneer Investment Group and Third Point Venture. As of July 2021, the company has raised a total of USD 10.5 billion in funding.

The company manufactures R1T and R1S, electric vehicle models with 5-7 passenger seats that feature wireless charging, voice commands, and WiFi capabilities. The firm's electric vehicle models automatically steer and adjust speed and change lanes on the driver's command.

The company's revenue is generated by sales of its products, R1T and R1S, electric vehicle models to its target market.

The company plans to become a publicly-traded company in the United States and trade under the ticker symbol RIVN. The firm also plans to develop an electric delivery van for Amazon before 2021 ends and expand its domestic facility footprint and increase international product rollout.

## Funding rounds

- Series F, Jan 19, 2021, $2.6B — T Rowe Price, Fidelity Investments, Coatue Management, BlackRock, D1 Capital Partners, Amazon
- Series E, Jul 9, 2020, $2.5B — T Rowe Price, Soros Fund Management, Fidelity Investments, Coatue Management, BlackRock, Baron Capital Management, Global Oryx Company Limited, Amazon
- Series D, Dec 23, 2019, $1.3B — T Rowe Price, Amazon, Ford Motor Company, BlackRock, Global Oryx Company Limited

## Investors

- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series D, Series E, Series F
- Amazon (https://capitalatlas.ai/funds/amazon) — Series D, Series E, Series F
- Ford Motor Company — Series D
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series D, Series E, Series F
- Global Oryx Company Limited — Series D, Series E
- Soros Fund Management — Series E
- Fidelity Investments (https://capitalatlas.ai/funds/fidelity-investments) — Series E, Series F
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series E, Series F
- Baron Capital Management — Series E
- D1 Capital Partners (https://capitalatlas.ai/funds/d1-capital-partners) — Series F