How much funding has Rive Homes raised?

Rive Homes has raised $25.1M in total funding, most recently a Series A round.

Who are Rive Homes's investors?

Rive Homes's investors include IDC Ventures.

When was Rive Homes founded?

Rive Homes was founded in 2017.

Where is Rive Homes headquartered?

Rive Homes is headquartered in Helsinki, Finland.

What industry is Rive Homes in?

Rive Homes operates in Artificial Intelligence, Real Estate.

Rive Homes

Real estate services platform for changing lives and properties

Helsinki, Finland · Founded 2017 · $25.1M raised

Artificial Intelligence

Real Estate

Headquarters: Helsinki
Founded: 2017
Business Model: B2C
Website: kodit.io

Total Funding: $25.1M
Last Round: $25.1M Series ANov 2022
Rounds: 1

About

Rive (formerly Kodit.io) is a Helsinki-based end-to-end proptech platform that simplifies buying, selling, and renting homes across Europe. The company uses AI and machine learning to provide real-time market insights, instant cash offers, and renovation services, enabling homeowners to switch homes with minimal friction. Rive partners with local real estate professionals and has acquired four real estate agencies and two rent-to-own platforms, selling over €300 million worth of real estate annually. Its rent-to-own solution helps prospective buyers rent their target home while saving for a down payment, with over 30,000 potential homebuyers registered. Originally launched as an iBuyer under the Kodit.io brand in Finland, Rive rebranded in 2022 following significant growth and now operates in Finland, Spain, and Poland with plans for broader European expansion.

Summary

Rive Homes is an Artificial Intelligence company based in Helsinki, Finland, founded in 2017. It has raised $25.1M in total across 1 round, most recently a $25.1M Series A round in Nov 2022. Investors include IDC Ventures.