The Riveter (organization)

Last updated
The Riveter
TypePrivate
Founded2017
Founder Amy Nelson
Headquarters Seattle, Washington, United States
Area served
United States (online)
ServicesWork space, advocacy, events, wellness services
Website theriveter.co

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 were comprised 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]

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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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