# Ryver

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ryver

- Industry: Software
- Headquarters: Scottsdale, US
- Website: www.ryver.com
- Total disclosed funding: $3.3M
- Latest round: Seed (Jul 22, 2013)
- Investors on record: 2

## About

Ryver, Inc. is a company that provides a team collaboration platform, enhancing communication and project management for organizations through an integrated suite of tools.Founded in 2011 in Scottsdale, US, Ryver, Inc. specializes in team collaboration solutions. The company has raised a total of USD 4.3 mn from its latest funding round on August 13, 2018. Jathujan Mahendran is the founder, while Joe Faherty and Pat Sullivan serve as CEO.Ryver™ offers a comprehensive team collaboration platform designed to streamline communication and project management within organizations. The core product integrates group messaging, task management, voice and video calls, and single sign-on capabilities, enabling users to manage their collaboration needs in a single application. The platform allows users to share files directly from popular cloud storage services, such as Google Drive, Dropbox, and Box.com, while also offering the ability to create custom webhooks and integrate with over 2,000 applications through Zapier. Ryver serves various geographical markets, including North America and Europe, catering to a diverse clientele that ranges from high-tech companies to healthcare organizations, effectively addressing the communication challenges faced by teams of different sizes and structures.Ryver's revenue model primarily revolves around subscription-based pricing, where organizations pay for access to the platform based on user tiers. The company offers multiple pricing plans, including an option for up to 12 users and a more popular plan for up to 30 users, featuring unlimited chat, file sharing, and task management functionalities. Additionally, larger enterprises may opt for advanced team management features and premium support services. Clients engage with Ryver through various business transactions structured as direct-to-consumer subscriptions, allowing businesses to allocate costs effectively based on their team sizes and collaboration needs. The firm emphasizes its ability to foster seamless communication and collaboration, which is reflected in its service offerings and customer testimonials.In August 2018, Ryver, Inc. raised USD 4.3 mn in venture funding to enhance its platform capabilities. The company plans to expand its product offerings and improve features designed for larger enterprises targeting growth in North American and European markets by 2022. The recent funding will support the development of new functionalities and enhance user experience.

## Funding rounds

- Seed, Jul 22, 2013, $3.3M — Grayhawk Capital, Kickstart

## Investors

- Grayhawk Capital (https://capitalatlas.ai/funds/grayhawk-capital) — Seed
- Kickstart (https://capitalatlas.ai/funds/kickstart) — Seed