Rivercity Innovations
PrivateLast Round
VC Round
Oct 10, 2024
Total Funding Raised
$737,000
Company Overview
Rivercity Innovations is an IoT company that offers sensors and software using long-range radio technology (LoRa) to monitor metrics such as temperature, GPS, moisture, and humidity for the grocery, pharmacy, and restaurant industries.
Sector
Telecommunications & Networking
Verticals
Supply Chain Tracking, Vertical SaaS, IoT Hardware
Business Model
B2B
Customer Profile
Hardware + Subscription, Hardware Sales, Subscription SaaS, Government Contracts
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Rivercity Innovations Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Rivercity Innovations Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| VC Round | Oct 10, 2024 | ||||
| Grant | Jun 1, 2023 | ||||
| Grant | Apr 1, 2022 | ||||
| Grant | Nov 15, 2021 | ||||
| Grant | Oct 1, 2021 | ||||
Seed | Mar 31, 2021 |
Key People
Founding team and executive leadership
Rivercity Innovations Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Tribune Capital | Seed |
| StepChange Capital | VC Round |
| Westcap Mgt. Ltd. | Seed, VC Round |
| National Research Council Canada | Grant |
| Conexus Venture Capital | Seed |
| Startup TNT | VC Round |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jan 17, 2025
Grew 27% QoQ from 11 to 14 employees.
- Nov 27, 2024
Grew 44% QoQ from 9 to 13 employees.
Rivercity Innovations Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Rivercity Innovations's valuation, stock price, and market status.