Rivet

Zelis Acquires Rivet Health to Expand Revenue Cycle Analytics

Zelis acquired Rivet Health on January 12, 2026. Rivet provides AI-enabled revenue cycle analytics for providers and payers. Ted Ferrin, former Rivet CEO, noted the move amplifies simplification of healthcare payments. The acquisition builds on an existing partnership and integrates Rivet capabilities into Zelis for broader scale. Rivet analytics deliver visibility into claim payments, denials, and financial operations for medical practices.

Chicago Rivet & Machine Co. Director Kent Cooney Buys 900 Shares

Director Kent H. Cooney purchased 900 CVR shares at $9.85 each on May 19, 2026. The transaction increased his direct holdings to 1,000 shares in Chicago Rivet & Machine Co. The company manufactures cold-formed rivets and related industrial fasteners. Cooney serves as a director following the May 12, 2026 annual shareholders meeting that elected seven directors. Chicago Rivet & Machine Co. trades on NASDAQ under ticker CVR with a market capitalization around $9.5 million as of mid-May 2026.

Rivet Industries Raises $57.5M Series A for AI-Powered Wearable Computers

Rivet Industries raised $57.5 million in a Series A funding round on March 31, 2026. Dave Marra, CEO and founder with prior Palantir and Microsoft experience, leads the company in developing rugged face-worn computers for military use. The round builds on a prior $12.57 million seed and a $195 million U.S. Army contract under the Soldier Borne Mission Command program. Investors include Snowpoint Ventures, Point72, Palantir Technologies, and Duquesne Family Office. Rivet Industries targets a $500 million valuation with the new capital to scale production of Hard Spec smart glasses integrating real-time data, night vision, and AI.

Army awards $200 million contract to Rivet Industries for AI-enabled soldier glasses in 2025

Rivet Industries secures $57.5 million funding round led by Snowpoint Ventures and Point72

Rivet Industries raised $57.5 million in a new funding round building on its prior $12.57 million seed round. The round includes investors Snowpoint Ventures, Point72, Palantir Technologies and Duquesne Family Office at a $500 million valuation. Rivet Industries founded in early 2024 by CEO Dave Marra develops AI-powered wearable devices including Hard Spec smart glasses for military and industrial use under a $195 million U.S. Army contract. Rivet Industries headquarters is in Washington District of Columbia.

Chicago Rivet & Machine Co suspends quarterly cash dividend on May 14 2026

Zelis acquires Rivet to expand AI-driven revenue cycle analytics

Zelis acquired Rivet on January 14, 2026. The deal embeds Rivet's AI-enabled analytics and dashboards into the Zelis platform. Rivet serves more than 750 payer organizations and millions of healthcare providers. Ted Ferrin is CEO at Rivet and stated joining Zelis extends the company's mission. Financial terms of the acquisition were not disclosed.

RIVET raises $6 million seed funding to expand workforce management platform

Chicago Rivet & Machine Co. Announces Temporary Suspension of Quarterly Dividend

Chicago Rivet & Machine Co. Suspends Dividend to Fund Growth Initiatives

Chicago Rivet & Machine Co. Suspends Quarterly Cash Dividend

Rivet launches beta for AI-driven game development toolkit. Early users report 30% faster prototyping.