River

River

Private
Bangalore, KarnatakaCrypto & Web3www.rideriver.com

Last Round

Series B

Extension

Jun 27, 2024

Est. Valuation

$33M

Total Funding Raised

$68M

Company Overview

River is a transportation company that manufactures high-quality electric vehicles, including utility electric mopeds, to enhance livelihoods by providing affordable mobility solutions for work and leisure.

Sector

Crypto & Web3

Verticals

Crypto Exchanges, Wealth Management, Investment Platforms, Blockchain Infrastructure

Business Model

B2C

Customer Profile

Payment Processing Fee, Hardware + Subscription, Services & Consulting, Freemium

AI Layer

Non-AI

Keywords

Bitcoin-only platformBitcoin brokerageBitcoin custodyBitcoin exchangefull-reserve custodyBitcoin wealth managementprivate bank for Bitcoinstack satsdollar-cost averagingDCAcold storagehosted Bitcoin miningBitcoin treasuryLightning Network paymentsprivate client servicesSOC 2 compliance

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

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River Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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River Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
Series B ExtensionJun 27, 2024
Series B ExtensionFeb 6, 2024
Series BJun 6, 2023
Series AAug 2, 2022
SeedMar 1, 2021

Key People

Founding team and executive leadership

Vipin George

Co-Founder, Chief Product Officer

Founding Team

Aravind Mani

Co-Founder And CEO

Founding Team

River Investors

Notable investors and investment history

InvestorRounds
Maniv MobilitySeries A, Series B Extension, Series B, Seed
Toyota VenturesSeries A, Series B Extension, Series B
Lowercarbon CapitalSeries B Extension, Series B, Series A
Trucks Venture CapitalSeries A, Seed, Series B
Marubeni VenturesSeries B Extension

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jan 6, 2026

    Added SP Leak Test & Automation Pvt. Ltd. as a customer.

  • Dec 19, 2025

    Introduced EMI options for accessories up to Rs 14,000.

River Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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River Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about River's valuation, stock price, and market status.

Firmographic Details

HeadquartersBangalore, Karnataka
Employee Range1,000
Year Founded2020
Last FundingJun 27, 2024

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