# Rivian — Capital Time Machine

Explore 6 documented funding stages and their hypothetical value at the IPO offer price.

Canonical citation: https://capitaltimemachine.com/private/rivian

Dataset revision: ctm-research-2026-10-01; evidence register reviewed: 2026-09-19. Each observation retains its own check date.

Publisher: CapitalTimeMachine. Methodology: https://capitaltimemachine.com/methodology



## What this supports

Series A February 2019; B May 2019; C September 2019; D December 2019; E July 2020; F January 2021. The December 2019 fifty-for-one split is already reflected in prospectus units. Preferred converts 1:1 to common, reclassified into Class A. Convertible notes and warrants are excluded. No additional split or holder-specific conversion adjustment is applied. IPO offering-price mark only, not realized proceeds or proof of investment access.

## Limitations

- Historical research and hypothetical arithmetic, not live quotes, investment advice or an offer to invest.

- Company valuation changes are not shareholder returns. Financing, dilution, security rights and exit access matter.

- IPO offer-price marks are not realized sale proceeds; minimum investments and access are not established.

- User-entered prices and valuations are assumptions, not sourced observations. Fee and carry treatment is stated by each method; taxes and distributions are excluded.

- Selected surviving companies are not representative of private-market outcomes; investments may lose all value.

## Sourced observations

### RIVN-A — Series A

Value: 5.1052 USD; scope: per_share_issuance_price

Date: 2021-11-09; precision: day; role: prospectus_reference_date; actual investment date: not established

Security: Series A preferred; share basis: retrospectively_split_restated

Verification: primary_verified; checked: 2026-09-17

Series A February 2019; B May 2019; C September 2019; D December 2019; E July 2020; F January 2021. The December 2019 fifty-for-one split is already reflected in prospectus units. Preferred converts 1:1 to common, reclassified into Class A. Convertible notes and warrants are excluded. Reference date is not an assumed purchase date.

Source: [SEC · Rivian filing — IPO prospectus (Form 424B4)](https://www.sec.gov/Archives/edgar/data/1874178/000119312521328239/d157488d424b4.htm)

Source location: Certain Relationships and Related Party Transactions: Preferred Stock Financings; Note 11: Stock Split and Preferred Stock; The Offering: Common Stock Reclassification

Citation: https://capitaltimemachine.com/private/rivian#RIVN-A

### RIVN-B — Series B

Value: 7.5868 USD; scope: per_share_issuance_price

Date: 2021-11-09; precision: day; role: prospectus_reference_date; actual investment date: not established

Security: Series B preferred; share basis: retrospectively_split_restated

Verification: primary_verified; checked: 2026-09-17

Series A February 2019; B May 2019; C September 2019; D December 2019; E July 2020; F January 2021. The December 2019 fifty-for-one split is already reflected in prospectus units. Preferred converts 1:1 to common, reclassified into Class A. Convertible notes and warrants are excluded. Reference date is not an assumed purchase date.

Source: [SEC · Rivian filing — IPO prospectus (Form 424B4)](https://www.sec.gov/Archives/edgar/data/1874178/000119312521328239/d157488d424b4.htm)

Source location: Certain Relationships and Related Party Transactions: Preferred Stock Financings; Note 11: Stock Split and Preferred Stock; The Offering: Common Stock Reclassification

Citation: https://capitaltimemachine.com/private/rivian#RIVN-B

### RIVN-C — Series C

Value: 9.0890 USD; scope: per_share_issuance_price

Date: 2021-11-09; precision: day; role: prospectus_reference_date; actual investment date: not established

Security: Series C preferred; share basis: retrospectively_split_restated

Verification: primary_verified; checked: 2026-09-17

Series A February 2019; B May 2019; C September 2019; D December 2019; E July 2020; F January 2021. The December 2019 fifty-for-one split is already reflected in prospectus units. Preferred converts 1:1 to common, reclassified into Class A. Convertible notes and warrants are excluded. Reference date is not an assumed purchase date.

Source: [SEC · Rivian filing — IPO prospectus (Form 424B4)](https://www.sec.gov/Archives/edgar/data/1874178/000119312521328239/d157488d424b4.htm)

Source location: Certain Relationships and Related Party Transactions: Preferred Stock Financings; Note 11: Stock Split and Preferred Stock; The Offering: Common Stock Reclassification

Citation: https://capitaltimemachine.com/private/rivian#RIVN-C

### RIVN-D — Series D

Value: 10.7440 USD; scope: per_share_issuance_price

Date: 2021-11-09; precision: day; role: prospectus_reference_date; actual investment date: not established

Security: Series D preferred; share basis: retrospectively_split_restated

Verification: primary_verified; checked: 2026-09-17

Series A February 2019; B May 2019; C September 2019; D December 2019; E July 2020; F January 2021. The December 2019 fifty-for-one split is already reflected in prospectus units. Preferred converts 1:1 to common, reclassified into Class A. Convertible notes and warrants are excluded. Reference date is not an assumed purchase date.

Source: [SEC · Rivian filing — IPO prospectus (Form 424B4)](https://www.sec.gov/Archives/edgar/data/1874178/000119312521328239/d157488d424b4.htm)

Source location: Certain Relationships and Related Party Transactions: Preferred Stock Financings; Note 11: Stock Split and Preferred Stock; The Offering: Common Stock Reclassification

Citation: https://capitaltimemachine.com/private/rivian#RIVN-D

### RIVN-E — Series E

Value: 15.49 USD; scope: per_share_issuance_price

Date: 2021-11-09; precision: day; role: prospectus_reference_date; actual investment date: not established

Security: Series E preferred; share basis: retrospectively_split_restated

Verification: primary_verified; checked: 2026-09-17

Series A February 2019; B May 2019; C September 2019; D December 2019; E July 2020; F January 2021. The December 2019 fifty-for-one split is already reflected in prospectus units. Preferred converts 1:1 to common, reclassified into Class A. Convertible notes and warrants are excluded. Reference date is not an assumed purchase date.

Source: [SEC · Rivian filing — IPO prospectus (Form 424B4)](https://www.sec.gov/Archives/edgar/data/1874178/000119312521328239/d157488d424b4.htm)

Source location: Certain Relationships and Related Party Transactions: Preferred Stock Financings; Note 11: Stock Split and Preferred Stock; The Offering: Common Stock Reclassification

Citation: https://capitaltimemachine.com/private/rivian#RIVN-E

### RIVN-F — Series F

Value: 36.85 USD; scope: per_share_issuance_price

Date: 2021-11-09; precision: day; role: prospectus_reference_date; actual investment date: not established

Security: Series F preferred; share basis: retrospectively_split_restated

Verification: primary_verified; checked: 2026-09-17

Series A February 2019; B May 2019; C September 2019; D December 2019; E July 2020; F January 2021. The December 2019 fifty-for-one split is already reflected in prospectus units. Preferred converts 1:1 to common, reclassified into Class A. Convertible notes and warrants are excluded. Reference date is not an assumed purchase date.

Source: [SEC · Rivian filing — IPO prospectus (Form 424B4)](https://www.sec.gov/Archives/edgar/data/1874178/000119312521328239/d157488d424b4.htm)

Source location: Certain Relationships and Related Party Transactions: Preferred Stock Financings; Note 11: Stock Split and Preferred Stock; The Offering: Common Stock Reclassification

Citation: https://capitaltimemachine.com/private/rivian#RIVN-F

### RIVN-OFFER — IPO offer

Value: 78.00 USD; scope: public_offer_price_per_share

Date: 2021-11-09; precision: day; role: offering_pricing; actual investment date: not established

Security: Class A common; share basis: undefined

Verification: primary_verified; checked: 2026-09-17

Prospectus pricing date, not first trading close or an executable sale.

Source: [SEC · Rivian filing — IPO prospectus (Form 424B4)](https://www.sec.gov/Archives/edgar/data/1874178/000119312521328239/d157488d424b4.htm)

Source location: Prospectus cover: offering price and prospectus date

Citation: https://capitaltimemachine.com/private/rivian#RIVN-OFFER

## Calculation options

{
  "early_stage_assumptions": null,
  "ipo_offer_models": [
    {
      "id": "RIVN-A-IPO",
      "company": "rivian",
      "start": "RIVN-A",
      "end": "RIVN-OFFER",
      "label": "Series A → IPO offer-price mark",
      "conversion_factor": "1",
      "split_adjustment": "already_reflected_do_not_apply_again",
      "reviewed_on": "2026-09-17",
      "basis_note": "Series A February 2019; B May 2019; C September 2019; D December 2019; E July 2020; F January 2021. The December 2019 fifty-for-one split is already reflected in prospectus units. Preferred converts 1:1 to common, reclassified into Class A. Convertible notes and warrants are excluded. No additional split or holder-specific conversion adjustment is applied. IPO offering-price mark only, not realized proceeds or proof of investment access.",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1874178/000119312521328239/d157488d424b4.htm",
      "source_locators": [
        "Certain Relationships and Related Party Transactions: Preferred Stock Financings; Note 11: Stock Split and Preferred Stock; The Offering: Common Stock Reclassification",
        "Prospectus cover: IPO offering price and pricing date"
      ]
    },
    {
      "id": "RIVN-B-IPO",
      "company": "rivian",
      "start": "RIVN-B",
      "end": "RIVN-OFFER",
      "label": "Series B → IPO offer-price mark",
      "conversion_factor": "1",
      "split_adjustment": "already_reflected_do_not_apply_again",
      "reviewed_on": "2026-09-17",
      "basis_note": "Series A February 2019; B May 2019; C September 2019; D December 2019; E July 2020; F January 2021. The December 2019 fifty-for-one split is already reflected in prospectus units. Preferred converts 1:1 to common, reclassified into Class A. Convertible notes and warrants are excluded. No additional split or holder-specific conversion adjustment is applied. IPO offering-price mark only, not realized proceeds or proof of investment access.",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1874178/000119312521328239/d157488d424b4.htm",
      "source_locators": [
        "Certain Relationships and Related Party Transactions: Preferred Stock Financings; Note 11: Stock Split and Preferred Stock; The Offering: Common Stock Reclassification",
        "Prospectus cover: IPO offering price and pricing date"
      ]
    },
    {
      "id": "RIVN-C-IPO",
      "company": "rivian",
      "start": "RIVN-C",
      "end": "RIVN-OFFER",
      "label": "Series C → IPO offer-price mark",
      "conversion_factor": "1",
      "split_adjustment": "already_reflected_do_not_apply_again",
      "reviewed_on": "2026-09-17",
      "basis_note": "Series A February 2019; B May 2019; C September 2019; D December 2019; E July 2020; F January 2021. The December 2019 fifty-for-one split is already reflected in prospectus units. Preferred converts 1:1 to common, reclassified into Class A. Convertible notes and warrants are excluded. No additional split or holder-specific conversion adjustment is applied. IPO offering-price mark only, not realized proceeds or proof of investment access.",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1874178/000119312521328239/d157488d424b4.htm",
      "source_locators": [
        "Certain Relationships and Related Party Transactions: Preferred Stock Financings; Note 11: Stock Split and Preferred Stock; The Offering: Common Stock Reclassification",
        "Prospectus cover: IPO offering price and pricing date"
      ]
    },
    {
      "id": "RIVN-D-IPO",
      "company": "rivian",
      "start": "RIVN-D",
      "end": "RIVN-OFFER",
      "label": "Series D → IPO offer-price mark",
      "conversion_factor": "1",
      "split_adjustment": "already_reflected_do_not_apply_again",
      "reviewed_on": "2026-09-17",
      "basis_note": "Series A February 2019; B May 2019; C September 2019; D December 2019; E July 2020; F January 2021. The December 2019 fifty-for-one split is already reflected in prospectus units. Preferred converts 1:1 to common, reclassified into Class A. Convertible notes and warrants are excluded. No additional split or holder-specific conversion adjustment is applied. IPO offering-price mark only, not realized proceeds or proof of investment access.",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1874178/000119312521328239/d157488d424b4.htm",
      "source_locators": [
        "Certain Relationships and Related Party Transactions: Preferred Stock Financings; Note 11: Stock Split and Preferred Stock; The Offering: Common Stock Reclassification",
        "Prospectus cover: IPO offering price and pricing date"
      ]
    },
    {
      "id": "RIVN-E-IPO",
      "company": "rivian",
      "start": "RIVN-E",
      "end": "RIVN-OFFER",
      "label": "Series E → IPO offer-price mark",
      "conversion_factor": "1",
      "split_adjustment": "already_reflected_do_not_apply_again",
      "reviewed_on": "2026-09-17",
      "basis_note": "Series A February 2019; B May 2019; C September 2019; D December 2019; E July 2020; F January 2021. The December 2019 fifty-for-one split is already reflected in prospectus units. Preferred converts 1:1 to common, reclassified into Class A. Convertible notes and warrants are excluded. No additional split or holder-specific conversion adjustment is applied. IPO offering-price mark only, not realized proceeds or proof of investment access.",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1874178/000119312521328239/d157488d424b4.htm",
      "source_locators": [
        "Certain Relationships and Related Party Transactions: Preferred Stock Financings; Note 11: Stock Split and Preferred Stock; The Offering: Common Stock Reclassification",
        "Prospectus cover: IPO offering price and pricing date"
      ]
    },
    {
      "id": "RIVN-F-IPO",
      "company": "rivian",
      "start": "RIVN-F",
      "end": "RIVN-OFFER",
      "label": "Series F → IPO offer-price mark",
      "conversion_factor": "1",
      "split_adjustment": "already_reflected_do_not_apply_again",
      "reviewed_on": "2026-09-17",
      "basis_note": "Series A February 2019; B May 2019; C September 2019; D December 2019; E July 2020; F January 2021. The December 2019 fifty-for-one split is already reflected in prospectus units. Preferred converts 1:1 to common, reclassified into Class A. Convertible notes and warrants are excluded. No additional split or holder-specific conversion adjustment is applied. IPO offering-price mark only, not realized proceeds or proof of investment access.",
      "source_url": "https://www.sec.gov/Archives/edgar/data/1874178/000119312521328239/d157488d424b4.htm",
      "source_locators": [
        "Certain Relationships and Related Party Transactions: Preferred Stock Financings; Note 11: Stock Split and Preferred Stock; The Offering: Common Stock Reclassification",
        "Prospectus cover: IPO offering price and pricing date"
      ]
    }
  ],
  "valuation_comparisons": [],
  "user_entered_private_prices": false,
  "entered_public_price_review": {
    "company": "rivian",
    "ticker": "RIVN",
    "issuer_cik": "1874178",
    "model_ids": [
      "RIVN-A-IPO",
      "RIVN-B-IPO",
      "RIVN-C-IPO",
      "RIVN-D-IPO",
      "RIVN-E-IPO",
      "RIVN-F-IPO"
    ],
    "from_date": "2024-06-10",
    "through_date": "2026-09-19",
    "reviewed_on": "2026-09-19",
    "status": "reviewed_user_price_scenario",
    "historical_only": false,
    "limitation": "Entered price is unverified. Use the actual common-share price on its dated basis, not a dividend-adjusted or retrospectively split-adjusted history.",
    "listed_equivalent_factor": "1",
    "splits": [],
    "sources": [
      {
        "url": "https://www.sec.gov/Archives/edgar/data/1874178/000119312521328239/d157488d424b4.htm",
        "title": "Original IPO share basis",
        "locator": "Prospectus / offering and capital-stock terms; the existing private-to-IPO model supplies the entry conversion."
      },
      {
        "url": "https://www.sec.gov/Archives/edgar/data/1874178/000187417826000054/rivn-20260630.htm",
        "title": "Issuer 10-Q · 2026-07-30",
        "locator": "Common-stock presentation and corporate-action screening. A missing split keyword alone is not evidence of a complete history."
      },
      {
        "url": "https://www.stocksplithistory.com/?symbol=RIVN",
        "title": "Supplemental split-history screen",
        "locator": "Dated post-IPO corporate actions only. Ticker reuse can introduce unrelated pre-IPO events; those are excluded. No market quote was copied."
      }
    ],
    "review_note": "Entry-to-IPO conversion reuses the approved company-specific model. The post-IPO corporate-action screen matches the issuer CIK and excludes reused ticker history predating its IPO. This is a bounded price-only scenario, not a licensed quote or a certified corporate-action feed."
  },
  "public_ipo": null
}

## Reuse and corrections

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