Rivian
Produces electric vehicles and partners with mobility platforms to support robotaxi and other autonomous mobility initiatives.
Overview
Rivian is an electric vehicle manufacturer positioning its vehicle platforms for commercial mobility use cases, including emerging robotaxi deployments. The company targets mobility operators and fleets seeking EV platforms that can be integrated with autonomous or ride-hailing services, differentiating itself as an OEM focused on purpose-built electric trucks and vans for commercial operators. In March 2026 Rivian received an undisclosed financing of $1.25 billion led by Uber, cited as part of Uber's interest in robotaxis and strategic investment in EV supply for mobility services. Total disclosed capital raised stands at $1.25 billion across one reported round.
Funding History
Uber eyes robotaxis, invests up to $1.25B in EV maker Rivian
Initial public offering that raised about $11.9B at $78 per share, giving Rivian an initial market valuation near $66.5B.
Large private financing (~$2.5B) led by institutional investors (including T. Rowe Price) that valued Rivian at roughly $27.6B.
Ford Motor Company invested $500M for a minority stake and strategic collaboration on EV development using Rivian's platform.
Amazon made a $700M strategic investment tied to an order for 100,000 electric delivery vans.
Frequently Asked Questions
- How much has Rivian raised in total?
- Rivian has raised a total of $16.9B across 5 funding rounds.
- Who are Rivian's investors?
- Rivian's investors include Undisclosed, Amazon, Ford Motor Company, T. Rowe Price.
- What does Rivian do?
- Rivian is an electric vehicle manufacturer positioning its vehicle platforms for commercial mobility use cases, including emerging robotaxi deployments. The company targets mobility operators and fleets seeking EV platforms that can be integrated with autonomous or ride-hailing services, differentiating itself as an OEM focused on purpose-built electric trucks and vans for commercial operators. In March 2026 Rivian received an undisclosed financing of $1.25 billion led by Uber, cited as part of Uber's interest in robotaxis and strategic investment in EV supply for mobility services. Total disclosed capital raised stands at $1.25 billion across one reported round.
- When was Rivian founded?
- Rivian was founded in 2009 and is headquartered in Irvine, CA.
- Where is Rivian headquartered?
- Rivian is headquartered in Irvine, CA.
Investors
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