How Much Did Rivian Raise? Headquarters, Funding & Key Investors

Rivian has secured $10.5 billion in total funding, positioning itself as one of the most heavily funded electric vehicle manufacturers globally. Major rounds include a $2.7 billion Series F in 2021, a $2.5 billion private equity round in 2021, and a $6.6 billion DOE-backed post-IPO debt facility in 2024. Earlier funding led by T. Rowe Price, Cox Automotive, and Amazon’s Climate Pledge Fund supported the development of its flagship R1T and R1S models. Rivian’s most recent raise, a $1 billion post-IPO round in June 2025, reinforces its long-term strategy for scaling production and expanding global manufacturing.

How Much Did Rivian Raise? Funding & Key Investors

Rivian is an electric vehicle manufacturer that builds adventure-focused electric trucks and SUVs with off-road capabilities. The company’s signature R1T pickup and R1S SUV are built on a flexible skateboard platform that supports future vehicle models and fleet applications.

Rivian combines quad-motor all-wheel drive, advanced battery systems, adaptive air suspension, and over-the-air updates to deliver rugged, long-range EV performance.

What Is Rivian and What Does It Do?

Rivian, founded in 2009 by Robert J. Scaringe, is headquartered in Irvine, United States. The company manufactures premium electric adventure vehicles, including the R1T pickup and R1S SUV, built on a versatile skateboard platform that supports multiple future EV models.

Rivian’s vehicles feature quad-motor AWD, air suspension, hydraulic roll control, robust storage options, and efficient charging capabilities, making them purpose-built for off-road adventure.

Rivian employs 10,001+ people, delivering both consumer EVs and commercial electric delivery vans while scaling its vehicle ecosystem and energy infrastructure.

How Much Funding Has Rivian Raised?

1. Series C

Amount Raised: $350M
Date: September 2019
Lead Investors: Cox Automotive
Motivation: To expand production capabilities and accelerate electric vehicle development.

2. Series D

Amount Raised: $1.3B
Date: December 2019
Lead Investors: T. Rowe Price
Motivation: To support the launch of the R1T and R1S and expand manufacturing facilities.

3. Series E

Amount Raised: $2.5B
Date: July 2020
Lead Investors: T. Rowe Price
Motivation: To scale new vehicle programs and grow Rivian’s operational footprint.

4. Series F

Amount Raised: $2.7B
Date: January 2021
Lead Investors: T. Rowe Price
Motivation: To further support EV development and production expansion.

5. Private Equity Round

Amount Raised: $2.5B
Date: July 2021
Lead Investors: Climate Pledge Fund, D1 Capital Partners, Ford Motor, T. Rowe Price
Motivation: To scale domestic manufacturing and fuel international product rollouts.

6. Post-IPO Debt

Amount Raised: $1.3B
Date: March 2023
Motivation: To support operational costs and ongoing strategic projects.

7. Post-IPO Debt

Amount Raised: $1.5B
Date: October 2023
Motivation: To enhance financial stability and fuel new initiatives.

8. Grant

Amount Raised: $827M
Date: May 2024
Lead Investors: Illinois Department of Commerce & Economic Opportunity
Motivation: To support economic development, workforce expansion, and manufacturing growth.

9. Post-IPO Debt

Amount Raised: $6.6B
Date: November 2024
Lead Investors: US Department of Energy
Motivation: To support sustainable energy initiatives and scale production capabilities.

Total Funding Raised: $10.5 Billion

Latest Funding Date: June 2025

Key Investors

1. Amazon’s Climate Pledge Fund

Details: Corporate VC fund investing in climate-positive technologies aligned with Amazon’s net-zero 2040 goals.
Investment Focus Areas: Sustainability, decarbonization, EVs, clean energy tech.
Notable Investments: Rivian, BETA Technologies, CarbonCure.

2. Ford Motor Company

Details: Global automotive manufacturer accelerating its electrification strategy through strategic investments.
Investment Focus Areas: Electric vehicles, mobility, and autonomous driving.
Notable Investments: Rivian, Argo AI.

3. T. Rowe Price

Details: Global investment management firm known for backing long-term, high-growth companies.
Investment Focus Areas: Technology, mobility, and industrial innovation.
Notable Investments: Rivian, Tesla (historic), Coinbase.

Where Is Rivian’s Headquarters?

Rivian is headquartered in Irvine, California, enabling access to world-class automotive engineering talent, EV supply chain hubs, and strong state-level support for clean energy manufacturing.

What’s Next for Rivian?

Rivian is gearing up for large-scale global expansion, supported by massive DOE funding and strategic manufacturing grants. The company plans to scale new vehicle lines, strengthen its charging infrastructure, and expand international production. Its partnership with Amazon, which includes tens of thousands of electric delivery vans, positions Rivian as a core player in commercial EV fleets.

Get Investor & Funding Insights with TexAu

TexAu helps sales and business teams uncover detailed fundraising information on companies like Rivian. Use the platform to research investors, track funding rounds, and gather actionable insights to strengthen prospecting and business strategy.

Sign Up for Free on TexAu and start uncovering detailed funding insights that give your business a competitive edge.