"Riveter helps growth-stage companies make stronger strategic decisions."
TL;DR: Riveter is the copilot for corporate strategy. They help growth stage companies like Gusto accelerate strategic decision making, using deep market research and analysis.
Founded by Abigail Grills & Erica Clark
Abby has 10 years of product experience, including Middesk and Gusto, where she was an early PM and led the Mid-Market Payroll team. Erica has 7 years of experience as a software engineer. She was an early engineer at Middesk, and before that, she was at Airbnb.They have spent their careers exploring and executing on new product areas and expansion opportunities, and trying to optimize businesses’ results. They building Riveter to help companies make better strategic decisions, faster.
The problem
Growth stage, venture funded companies have two top concerns:
- How do we maintain growth at scale?
- Do our metrics align with public companies for a successful IPO?
To answer these questions, companies often do the following:
- Explore adjacent areas for expansion: A commercial neobank might consider expanding to consumer
- Benchmark to similar companies: Toast might compare their financials to Square's
- Track their market share: A CRM might monitor competitors’ penetration across the market
Riverter's insights
- Companies are hiring consulting firms that cost $1M+ and take months to provide a single report, which quickly becomes outdated.
- Accessing key insights into public companies requires time consuming analysis due to inconsistencies across companies and obfuscation of important information.
The solution
Riveter automates the collection and analysis of private and public company data, so you can focus on making the right strategic decisions, faster.
The product
The deepest analysis of public companies available
Get the data you wish Capital IQ gave you.
- Get data on the usage of specific products, customer counts, retention, and more, in addition to standard metrics
- Review metrics like gross margins, ACV, customer segment, CAC, CAC payback, Rule of 40, and more that have been automatically calculated for you, and are always up to date
- Understand company-specific language and segmentation
Analysis of investor relations documents
Riveter summarizes key documents and artifacts, and extracts relevant quotes to save you time getting to the information you need.
Search company documents and Riveter data
Looking to understand how a certain product is performing? Their AI analyst, Peter, allows you to ask specific questions, like how many American Express consumer cardholders there are.
Learn More
🌐 Visit www.riveterhq.com to learn more.
⚡ Are you trying to make strategic decisions, but you or your team don’t have the time to perform in-depth analyses? Riveter wants to help. Schedule a call with them to discuss how they can aid in more informed decision making. You can reach out to the founders here.
🤝 If you have connections to any CorpDev or Strategic Finance teams in B2B SaaS, they would love introductions to learn from them, reach out here.
👣 Follow Riveter on LinkedIn & X.
About The Author
David is the CEO & Founder of Fondo (YC W18). He is an angel investor in Rippling, Flexport, LiquidDeath, and 85+ other startups. David began his career as an accountant at Deloitte before learning to code and becoming a founder. Previously, he was co-founder of Hackbright where 1,000+ software engineers have been trained and placed at tech companies including Slack, Disney, and Uber and was acquired by Capella Education NASDAQ: $CPLA in 2016.