Rivver

Company Overview

Snapshot

Founded in August 2018 by David Benizri and Gabriel Deutsch, Rivver operated with 1–10 employees. The company raised $100K across two funding rounds from Scheme Investments. In January 2019, Rivver formed a strategic partnership with Blackmoon to create new ETx.

Business overview

Rivver developed an end-to-end digital investor management platform designed for issuers of alternative investment products. Its core technology focused on digitalizing private equity funds to automate clearing, settlement, and compliance processes, utilizing proprietary technology for escrow. The platform featured a discovery page for capital raising, a secondary marketplace for liquidating assets, and a smart custodian for portfolio and limited partner management. Rivver operated within the Business Software sector, specifically targeting the financial services industry, with a focus on alternative investments and venture capital markets in Asia, North America, and Europe.

Strategic signal

In May 2020, PrimaryMarkets selected Rivver Inc. (USA) to enhance automation in capital markets. This collaboration signaled a strategic validation of Rivver's technology for streamlining financial processes and improving efficiency within the capital markets landscape, indicating its potential to drive broader industry adoption of its digital solutions.

Company Intelligence Q&A

What is Rivver's operational status?

Rivver is currently non-active, having ceased operations in January 2021.

When was Rivver founded and by whom?

Rivver was founded in August 2018 by co-founders David Benizri and Gabriel Deutsch.

What was Rivver's total disclosed funding?

Rivver raised a total of $100K across two funding rounds. The first round was in November 2018 (Pre-Seed), and the second was in May 2019 (Seed) with investment from Scheme Investments.

Which company partnered with Rivver to bring greater automation to capital markets?

In May 2020, PrimaryMarkets selected Rivver Inc. (USA) to bring greater automation to capital markets.

Did Rivver form any strategic partnerships?

In January 2019, Rivver formed a strategic partnership with Blackmoon to create new ETx.