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§ Private Profile · Chicago, IL, USA
RIVS is a technology company.
RIVS has raised $2.8M across 2 funding rounds.
Key people at RIVS.
RIVS was founded in 2011 by David Wieland (Founder, Chairman).
RIVS has raised $2.8M in total across 2 funding rounds.
RIVS, operating as interviewstream, provides a comprehensive digital interviewing platform. Its core product enables organizations to conduct video, voice, and written interviews, plus integrated scheduling tools for live interactions. This technology streamlines recruitment by accelerating candidate qualification and screening, improving hiring efficiency, and facilitating collaboration among talent acquisition teams.
RIVS gained prominence through its February 2017 acquisition of InterviewStream. Founded in 2003, InterviewStream initially pioneered mock interviewing solutions for academic institutions. This strategic acquisition by RIVS combined established digital interviewing expertise, aiming to expand capabilities and market reach within the competitive talent acquisition technology sector.
The platform serves companies and recruitment departments optimizing hiring processes. RIVS, via interviewstream, empowers these organizations to evaluate candidates effectively and efficiently, fostering improved hiring outcomes. The company’s vision centers on simplifying and enhancing the hiring journey, leveraging technology to connect qualified individuals with suitable employers.
RIVS is a Chicago-based SaaS technology company founded in 2011 that provides a video interviewing platform to streamline recruitment by assessing candidates' soft skills like attitude and communication early in the hiring process.[1][2][3] Its platform serves over 15 Fortune 500 companies and other enterprises, solving inefficiencies in traditional hiring—such as scheduling unqualified candidates and high turnover—by enabling faster screening, reduced costs (saving customers millions annually), and better candidate experiences through video, voice, and written interviews.[1][2][4] With around 15-30 employees and estimated revenues in the low millions, RIVS maintains steady operations in the competitive recruiting tech space, now operating under or closely tied to the interviewstream brand.[1][3][5]
RIVS was founded in 2011 by serial entrepreneur David Wieland in Chicago, Illinois, emerging from the founders' frustrations with hiring inefficiencies at their prior rapidly growing company.[2][3][4] Overwhelmed by thousands of weekly job applications, they lost top talent while wasting time on scheduling and interviewing unqualified candidates, prompting the creation of a SaaS platform to automate and improve early-stage assessments.[4] Early traction came from addressing these pain points for high-volume recruiters, evolving into an industry-leading solution with proprietary tools, mobile apps, and integrations, while embedding in Chicago's tech community.[1][3][4]
RIVS rides the remote hiring and AI-augmented recruiting trend, accelerated by post-pandemic shifts to digital talent acquisition and the need for scalable, bias-reduced screening amid talent shortages.[1][4] Timing aligns with market forces like rising labor turnover costs and volume hiring demands in tech/fintech sectors, where tools like RIVS cut inefficiencies by front-loading qualitative evaluations.[2][5] It influences the ecosystem by empowering Chicago's tech scene—its HQ hub—and enabling faster, global candidate reach, though as a niche player, it complements larger ATS giants rather than dominating.[1][3][4]
RIVS is poised to expand via AI enhancements in interview analysis and deeper ATS integrations, capitalizing on enduring remote work and skills-based hiring trends amid economic volatility.[2][4] Potential growth lies in enterprise upsell and international scaling, but competition from bigger players could pressure its lean model—watch for partnerships or acquisition to amplify influence.[3][5] As recruiting digitizes further, RIVS's focus on human-centric soft skills positions it to thrive, transforming how companies like its Fortune 500 users build teams efficiently.
RIVS was founded in 2011 by David Wieland (Founder, Chairman).
RIVS has raised $2.8M in total across 2 funding rounds.
RIVS's investors include Vitalize Venture Group, Brian Gallagher.
Key people at RIVS.
RIVS has raised $2.8M across 2 funding rounds. Most recently, it raised $810K Series U in March 2015.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2015 | $810K Series U | — | Vitalize Venture Group | Announced |
| Jul 1, 2013 | $2M Series A | Brian Gallagher | Vitalize Venture Group | Announced |
