When was Rivermine founded?

Rivermine was founded in 1999 and raised its 1st funding round 4 years after it was founded.

Where is Rivermine located?

Rivermine is headquartered in Fairfax, United States.

How many employees does Rivermine have?

As of May 31, 2026, the latest employee count at Rivermine is 7.

Is Rivermine a funded company?

Rivermine is a funded company, having raised a total of $28.7M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2003.

When was the latest funding round of Rivermine?

Rivermine's latest funding was a $***** Series C round on Jan 27, 2009, with participation from 4 investors.

Where does Rivermine rank among its competitors?

Rivermine ranks 13th amongst 57 active competitors, of which 8 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Gigs, which secured $73M in Dec, 2024.

Who are the top competitors of Rivermine?

Rivermine's top competitors include Gigs, Tangoe and Visage Mobile. Among them, Gigs secured the most recent funding round in December, 2024.

Rivermine - 2026 Company Profile, Funding & Competitors

Rivermine is an acqui-hired company based in Fairfax (United States), founded in 1999. It operates as a Telecom expense management. Rivermine has raised $28.7M in funding from SoftBank Capital. The company has 57 active competitors, including 8 funded and 19 that have exited. Its top competitors include companies like Gigs, Tangoe and Visage Mobile.

Company Details

Rivermine Software provides software solutions to automate the telecom expense management (TEM) lifecycle of voice, data and wireless telecom expenses. Also automates contract sourcing, ordering, invoice processing and auditing, inventory and asset management and network optimization, analytics and reporting. Was previously known as Telco Exchange.

Website: rivermine.com
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Key Metrics

Founded Year

1999

Location

Fairfax, United States

Stage

Acqui-Hired

Total Funding

$28.7M in 4 rounds

Latest Funding Round

Series C, Jan 27, 2009, $*****

Investors

SoftBank Capital & 6 more

Ranked

13^th among 57 active competitors

Employee Count

7 as on May 31, 2026

Investment & Acquisitions

MBG Expense Management

Similar Companies

Gigs & 96 more

View Rivermine's full profile

Rivermine is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Rivermine Software Inc CIN: 541921209 , United States, Active		-	-	-

Rivermine has raised a total funding of $28.7M over 4 rounds. Its first funding round was on 2003. Its latest funding round was a Series C round on Jan 27, 2009 for $*****. 4 investors participated in its latest round. Rivermine has 7 institutional investors.

Here is the list of recent funding rounds of Rivermine:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 27, 2009	4264648	Series C	5099933	6164960	8391267	1320533
Jun 25, 2007	2702980	Series C	2237428	1709143	1696494	Columbia Capital & 2 more
May 31, 2005	7305177	Series B	1711169	7435281	2259590	Valhalla Partners & 2 more

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View details of Rivermine's funding rounds and investors

Rivermine's employee count trend

Rivermine has 7 employees as of May 26. Here is Rivermine's employee count trend over the years:

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Top competitors of Rivermine include Gigs, Tangoe and Visage Mobile. Here is the list of Top 10 competitors of Rivermine, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Gigs 2020, San Francisco (United States), Series B	Provider of platform for telecom services	$93.1M	Gradient Ventures, Y Combinator & 14 others	63/100
2nd	Tangoe 2000, Boulevard (United States), Acquired	Cloud based platform offering IT expense life cycle management software	$34.2M	ORIX, Western Technology Investment & 10 others	56/100
3rd	Visage Mobile 2001, Larkspur (United States), Acquired	Enterprise mobile management solution	$103M	Worldview Technology Partners, Qualcomm Ventures ... & 11 others	56/100
4th	WidePoint 1996, Mclean (United States), Public	Platform for financial planning solutions for telecom companies	-	Access National Bank	53/100
5th	Tollring 1993, Southall (United Kingdom), Funding Raised	Call analytics, TEM, and fraud management solutions provider	-	-	45/100
6th	LetsTalk.com 1999, San Francisco (United States), Acquired	Telecom equipment retailer and TEM services provider	-	Goldman Sachs, Brentwood Associates & 2 others	44/100
7th	ISI Telemanagement Solutions 1977, Chicago (United States), Acquired	Converged telecommunication management and analysis solutions provider	-	Trilogy Search Partners, Argo Management Group ... & 5 others	43/100
8th	Corrata 2014, Dublin (Ireland), Seed	Enterprise mobility and telecom expense management solutions provider	$1.55M	Delta Partners, Enterprise Ireland & 2 others	42/100
9th	Amtel 2004, Santa Clara (United States), Acquired	Comprehensive cybersecurity and IT management solutions for enterprises and small businesses	-	StoneCalibre	39/100
10th	MHC 1980, Burnsville (United States), Acquired	Enterprise automation software solutions provider	-	Aldine	39/100
13th	Rivermine 1999, Fairfax (United States), Acqui-Hired	Telecom expense management	$28.7M	Columbia Capital, Longworth Venture Partners ... & 5 others	38/100