The Riveter (organization)

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The Riveter is a for-profit company headquartered in Seattle, Washington. It is focused on supporting women in the workplace. It engages in political advocacy, provides office and work space, hosts events, and publishes content. [1] It was named after Rosie the Riveter, a symbol for women in the workplace during World War II. [2] [3]

The Riveter was founded in July 2017 in Seattle by former attorney Amy Nelson and former social worker Kim Peltola, [4] who later left the company, [5] using $700,000 in initial funding. [6] In 2018, it raised $4.75 million in seed funding [6] [7] and $15 million in Series A funding. [8] [9] In mid-2019, The Riveter acquired a Denver coworking space business called Women in Kind. [10] The Riveter expanded to 9 locations by late 2019. [3] [11]

The Riveter's gathering and work spaces consisted of offices and large co-working spaces filled with desks. [12] Some locations also provided fitness events, workshops, and other services. [4] [11] In 2017, The Riveter's membership is about 75 percent female and 25 percent male. [2] [8] [12]

During the summer of 2020, The Riveter shuttered its physical locations, due to the Covid-19 pandemic, launching its digital community online. [13]

References

  1. ↑ Shoenthal, Amy (September 20, 2019). "How The Riveter's Amy Nelson Built A More Inclusive Women's Coworking Space While Changing The Motherhood Narrative". Forbes. Retrieved December 7, 2019.
  2. 1 2 Cortes, Amber (August 23, 2017). "In the Gig Economy, Coworking Spaces Are Everywhere—What Is It Like to Work in One?". The Stranger. Retrieved December 7, 2019.
  3. 1 2 "Coworking space companies find new niche with women entrepreneurs". KTVA. October 25, 2019. Retrieved December 8, 2019.
  4. 1 2 "Seattle Women Take On 'Bro-Working,' Scourge of the American Office". Seattle Magazine. July 26, 2017. Retrieved December 7, 2019.
  5. ↑ "Women-focused co-working startup The Riveter cuts 5 positions as it aims to grow digital arm". GeekWire. January 17, 2020. Retrieved January 20, 2020.
  6. 1 2 "This Mom of 3 Started a Women's Co-Working Space to Help Fix Corporate America". The Everymom. July 24, 2018. Retrieved December 7, 2019.
  7. ↑ "The Riveter raises $4.75M to expand female-focused co-working model across U.S." GeekWire. March 19, 2018. Retrieved December 7, 2019.
  8. 1 2 "With $15M, The Riveter plans to open 100 new female-focused co-working spaces". TechCrunch. December 11, 2018. Retrieved December 7, 2019.
  9. ↑ Brodeur, Nicole (December 20, 2018). "How a woman-led startup beat steep odds to land $15 million in venture capital". The Seattle Times. Retrieved December 7, 2019.
  10. ↑ "Riveter Acquires Women In Kind Coworking Company". Bisnow. June 3, 2019. Retrieved December 8, 2019.
  11. 1 2 "Amy Nelson on The Riveter". YouTube. NBC-affiliate KING-TV. September 10, 2019. Retrieved December 7, 2019.
  12. 1 2 Reader, Ruth (December 11, 2018). "The Riveter, a female-centric coworking startup, raises $20 million". Fast Company. Retrieved December 7, 2019.
  13. ↑ "The Riveter closes all 9 co-working spaces as questions loom about the future of physical offices" KURT SCHLOSSER, GeekWire , May 29, 2020. Retrieved September 28, 2023.
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