A female-focused coworking firm, The Riveter will be opening a new location in Autin, Texas. This is a part of its plan to expand nationwide. Based in Seattle, the women-centric workspace will be opening its sixth location in Austin’s West Central neighborhood. Earlier, the company had raised a $15 million Series A investment round. Amy Nelson, the CEO of The Riveter had shared news about the company’s plans of expanding across the USA. Kickstarting their journey with Austin, the company will move down to other locations. Interestingly, The Riveter won’t be the first women-centric coworking space in Austin. Recently, The Refinery had established Austin’s first female only coworking space. Setting up a new goal, Riveter is planning to open eight new locations in 2019. The target is to reach 100 locations by 2022.
More about the Riverter Austin
The Riveter Austin will be a 12,000 square foot space located at 1145 W. Fifth St., two blocks west of North Lamar Boulevard. This new space will be providing plans for floating and dedicated desks, private offices, and room for events. The membership costs for availing these plans are yet to be disclosed. For the Riveter, this will be their sixth site in the USA. In a release, Amy Nelson, CEO, and co-founder of the Riveter dwelled on the importance of setting up an office in Austin. The CEO wants to reach out to the female workers who feel unsafe in a corporate environment.
The Riveter was founded by Amy Nelson and Kim Peltola in 2017. The company has shown steady growth and is currently operating in Seattle and Los Angeles. Three spaces are situated in Seatle while the other two coworking spaces in Los Angeles. The first location was set-up in 2017 in Seattle’s Capitol Hill neighborhood. Though The Riveter is female-focused, it is however co-ed. It has around 2000 members (25 percent being men). The idea is to build a community where women are allowed to experience a work culture of an unbiased nature. And that does not include refusing to work with other genders. The Riveter mostly consists of open rooms available for hot desking. There are around 30 closed rooms and offices in the workspace. The place is not sprawling with the kind of things you would find in any of the regular coworking centers like beer and foosball. Instead, it offers services like meditation classes and free skincare products by companies like Volition Beauty.
There has been an increase in the number of coworking spaces especially the ones focusing on the well-being of women. The motive is to provide a safer environment where there is no room for harassment. In this era, where conversations about women safety are stirring up, spaces like The Riveter are creating a difference.