Rivo Software Ltd.
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Rivo Software Ltd. - overview
Established
2001
Location
Warwick, -, UK
Primary Industry
Software
About
Rivo Software Ltd. is a UK-based provider of digital solutions aimed at enhancing online presence and user engagement for businesses. They specialize in website hosting and digital marketing tools. Founded in 2001, Rivo Software Ltd.
operates from Warwick, UK, and focuses on offering a platform for website hosting and digital marketing. The company was acquired by Sphera Solutions in April 2017, with financial terms undisclosed. The founder, Alon Blumenzwieg, has been instrumental in establishing the company and its strategic direction. Rivo Software has executed 2 deals to date, with the most recent deal occurring in April 2017.
The company raised GBP 20. 000 mn in a GROWTH funding round led by Eight Roads Ventures and Kennet Partners, bringing the total amount raised to GBP 20. 000 mn. Rivo Software specializes in providing a suite of digital solutions that enhance online presence and user engagement.
Their offerings include a comprehensive platform for website hosting, content management, and digital marketing tools tailored for small to medium-sized enterprises in North America and Europe. These products address various needs, such as improving website performance and increasing search engine visibility, ensuring clients can effectively manage their digital presence. In 2023, Rivo Software reported revenue of GBP 21,201,630. 40, with an EBITDA of GBP 7,198,569 for the year 2022.
Their revenue model is primarily subscription-based, allowing clients to access their services through monthly or annual subscriptions, thereby fostering ongoing relationships and steady revenue generation. Rivo Software is focused on developing new products that enhance their existing platform's capabilities, with plans to launch these enhancements within the next fiscal year. The company aims to expand into new markets, specifically targeting the Asia-Pacific region by 2025. The recent GROWTH funding round will be utilized to drive these initiatives, including product development and market expansion efforts.
Current Investors
Genstar Capital Partners, Sphera Solutions, Inc.
Primary Industry
Software
Sub Industries
Epidemiology, Green IT, Accounting/Finance Software, Analytics & Performance Software, HR & Workforce Software
Website
www.rivosoftware.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Rivo Software Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Rivo Software Ltd. | - | ||||||||
| Growth | Completed | Rivo Software Ltd. | - |
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