Rigor

Rigor, a revolutionary player in the intersection of crypto, finance, and prop tech, was founded in 2021 with a unique vision to become the trust layer for new home construction finance. With its headquarters in the United States, Rigor aimed to transform how investments in new homes are managed, inviting investors to explore opportunities through its platform at www.collective.investments.

Despite garnering significant attention from notable investors like Digital Currency Group, Third Prime, Bain Capital Ventures, Koji Capital, Great Wave Ventures, Flow Ventures, Cozy Finance, and Fortified Ventures, Rigor received its last major boost through a $3.50M Seed Round investment on June 16, 2022. This injection was meant to propel its mission forward in its dynamic sectors.

However, by December 2023, Rigor ceased operations. While the company had strong backers and a promising business model, it serves as a reminder of the volatile and high-stakes nature of startups in emerging industries. Venture capitalists should consider both the innovative potential and inherent risks associated with investing in rapidly evolving markets.