The Riveter is a technology company.
The Riveter has raised $21.0M across 2 funding rounds.
The Riveter has raised $21.0M in total across 2 funding rounds.
The Riveter has raised $21.0M in total across 2 funding rounds.
The Riveter's investors include Alpha Edison, Bold Capital Partners, Founders' Co-op, Galaxy Digital, Kapor Capital, MaC Venture Capital, Madrona Ventures, Waverley Capital, WestRiver Group, Justin Rosenstein, Ken Howery, Troy Carter.
The Riveter is a women-forward membership platform and community network founded by Amy Nelson, focused on empowering women professionals, entrepreneurs, and creators through coaching, workshops, events, and digital resources to build personal brands, launch businesses, and navigate career transitions.[2][3][4] It originated as a co-working space operator in 2017 but evolved into a primarily digital ecosystem offering personalized support for solopreneurs, digital creators, and corporate professionals amid uncertain job markets, with past physical expansions in Seattle and Los Angeles supported by $15M+ in funding.[2][3] The platform solves isolation and resource gaps for women by fostering small, high-touch communities that deliver actionable tools for thought leadership, client acquisition, speaking gigs, and business growth, serving thousands through membership plans without heavy reliance on physical spaces today.[3][4]
Amy Nelson, a former lawyer with a decade in legal practice, founded The Riveter in 2017 after feeling uninspired at work, lacking a professional network, and seeking ways to monetize her ambitions as a mother—she sketched the idea for women-centric spaces blending community, business resources, wellness, and networking.[2][4] Launching in Seattle's Capitol Hill and Fremont neighborhoods, it quickly gained traction with member companies like Armoire, which used the spaces for product testing and growth, while Nelson raised $30M in venture capital, scaled to 100+ employees, and opened 10 co-working/event locations.[2][4] A pivotal $15M Series A in 2019, led by Alpha Edison, fueled U.S. expansion plans including Texas, though the model shifted post-pandemic toward a robust digital platform for broader accessibility.[3]
(Note: Riveter AI, a separate 2024 YC-backed web scraping startup, is unrelated despite the similar name.[1])
The Riveter rides the wave of remote/hybrid work, creator economy, and female entrepreneurship trends, addressing gender gaps in professional networking where women often lack tailored support amid gig economy uncertainty and AI-driven job shifts.[3][4] Timing aligns with post-2020 digital transformation, evolving from physical co-working (challenged by WeWork-style disruptions) to a scalable online model that taps into solopreneur booms on platforms like TikTok and LinkedIn.[2][4] Market forces like rising demand for personal branding (e.g., 500K+ audience building) and VC interest in women-led services favor it, influencing the ecosystem by nurturing female founders who launch ventures like Armoire and amplify voices in tech/media.[2][4] It counters male-dominated accelerators by prioritizing wellness, ambition, and relationships, fostering a pipeline of diverse leaders in business services.
The Riveter is poised to deepen its digital dominance, expanding 1:1 coaching and AI-enhanced personalization to capture more of the $10M+ revenue-generating creator market, while trends like economic volatility and DEI backlashes heighten demand for its empowering niche.[3][4] Expect integrations with emerging tools for automated brand analytics or global virtual events, potentially unlocking partnerships with platforms like LinkedIn or iHeart for wider reach. Its influence could evolve from U.S.-focused network to a global template for inclusive professional development, proving that women-forward spaces—born from one founder's pivot—unlock ambition at scale, much like Nelson's own path from sketches to millions.
The Riveter has raised $21.0M across 2 funding rounds. Most recently, it raised $16.0M Series A in December 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2018 | $16.0M Series A | Alpha Edison, Bold Capital Partners, Founders' Co-op, Galaxy Digital, Kapor Capital, MaC Venture Capital, Madrona Ventures, Waverley Capital, WestRiver Group, Justin Rosenstein, Ken Howery, Troy Carter | |
| Mar 1, 2018 | $5.0M Venture Round | Flybridge Capital Partners, Madrona Ventures, Yes VC |