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Venture Capital News: Rivery Lands $30M Series B

2022-05-24
NEW YORK, NY, Rivery, the SaaS ELT today announced a new funding round of venture capital.
The round was led by Tiger Global Management alongside existing investors State Of Mind Ventures and Entree Capital. This financing follows from last year's A round, bringing the total venture capital raised to date to $48 million. Rivery's product-led growth has significantly accelerated since the launch of the Pay As You Go program in December 2021, which is growing at a rate of 50% month over month. This new pricing model complements the existing Self-Service experience plan, which opens the door to any type of company that would like to immediately get started with Rivery.

Rivery provides a complete SaaS ELT for organizations that need to scale fast with data, with a solution to build, maintain and automate a modern data stack. Rivery's capacity to orchestrate and unlock data value is built on its ability to democratize the task across business and data teams, making data expertise a company-wide passion, and ultimately driving successful data strategies. The world's leading companies, including Bayer, BuzzFeed, and American Cancer Society and EMAAR trust Rivery with their data.
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