Riverence

What Riverence does

Riverence is a vertically integrated, land-based aquaculture company that breeds, raises, processes, and distributes freshwater steelhead and rainbow trout in the United States. Following the February 2024 acquisition of Clear Springs Foods, Inc., Riverence Holdings LLC became the largest land-based producer of farmed trout and steelhead in the Americas. Operations are organized across three LLC entities: Riverence Brood LLC (Washington state; brood stock and genetics), Riverence Farms LLC (Idaho; land-based grow-out using gravity-flow Rocky Mountain spring water at a constant 58°F from the Eastern Snake River Plain Aquifer), and Riverence Provisions LLC (Idaho; processing and distribution). The company's core technology stack centers on a free-flowing spring water system that requires no pumping or chilling, proprietary "Breeding for Vigor" genetics selecting for broad fitness, natural astaxanthin feed coloration, and on-site hydroelectric turbines that offset approximately one-third of total energy demand from spring water velocity. Underlying technical assets include SQF and USDC processing certifications and ASC certification (2022) under the Freshwater Trout Standard — the first of its kind for a US freshwater land-based finfish facility — extended by ASC Chain of Custody certification in 2025.

Name

Riverence

Legal name

Riverence Holdings LLC

Website

https://riverence.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Riverence is the largest land-based producer of farmed trout and steelhead in the Americas, vertically integrated from brood stock through processing and distribution, and serves US foodservice operators and retail consumers with ASC-certified products.

Ownership category

akta.pro rank

Headquarters

HQ city

Olympia

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Fresh Fish Products: Sells fresh rainbow trout and steelhead products including whole fish (dressed head-on gutted), PBO (pin bone out) fillets, boned fillets, and butterfly style fillets in various sizes. Fresh packs available in 5lb, 10lb, and 4x5lb configurations. Delivered via own refrigerated fleet to markets twice weekly.
2. Frozen Retail Products: Premium quality rainbow trout and steelhead available in frozen retail packs for extended shelf life and convenience. Products include frozen fillets and whole fish in retail bag format.
3. Value-Added Smoked Products: Hot-smoked trout available in original and garlic pepper flavors, brined with salt and slowly smoked over applewood. Sold in 4oz hanging retail packaging and 10lb food service packs.
4. Rainbow Trout Roe: Premium roe from finest rainbow trout, presented as exquisite pearls with clean and crisp bite and delicate briny finish. Sold in 2oz jars (8 per case) and hanging clamshell retail packs (10 per case).

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Riverence is a vertically integrated land-based aquaculture company that raises, processes, and distributes ASC-certified rainbow trout and steelhead products from Idaho's Magic Valley using Rocky Mountain spring water. The product line spans fresh and frozen fillets, whole fish, hot-smoked trout, and trout roe, with a breeding-for-vigor genetics program feeding the grow-out operations. Distribution is handled through an owned refrigerated truck fleet delivering twice weekly to major US metropolitan areas, serving both food service and retail customers.

Product overview

Riverence is a vertically integrated aquaculture company offering premium rainbow trout and steelhead seafood products. The company operates through two main divisions: Riverence Farms LLC handles breeding and raising of fish in Idaho's Magic Valley using Rocky Mountain spring water, while Riverence Provisions LLC manages processing and distribution. The product portfolio centers on fresh and frozen rainbow trout and steelhead fillets, supplemented by value-added products including rainbow trout roe and hot-smoked trout. All products are ASC-certified as responsibly farmed.

Differentiator

Problem solved

Functional benefit

Products and services

• Rainbow Trout Fresh and frozen Idaho-raised rainbow trout, available as whole fish (dressed head-on gutted), PBO (pin bone out) fillets, boned fillets, and butterfly style fillets in fresh packs (5lb, 10lb, 4x5lb) and frozen retail bag formats.
• Steelhead Trout Fresh and frozen steelhead trout fed natural astaxanthin for characteristic red fillet color, available as fresh PBO fillets and dressed whole fish.
• Frozen Retail Bags ASC-certified frozen retail packs of rainbow trout fillets (12oz), steelhead trout fillets (12oz), and whole fish (32oz) for retail sale with extended shelf life.
• Rainbow Trout Roe Premium rainbow trout roe sold in 2oz jars (8 per case) and hanging clamshell retail packs (10 per case), suited for avocado toast, omelets, and chef garnishes.
• Hot-Smoked Trout Hot-smoked trout in original and garlic pepper flavors, brined with salt and slowly smoked over applewood, with no artificial ingredients or preservatives, sold in 4oz hanging retail packaging and 10lb food service packs.

Quantifiable outcome

• On-farm hydropower meets approximately 1/3 of all energy demand
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• Clear Springs Foods, Inc.coreStrategic or Co-development Partner · 1 February 2024Riverence Holdings LLC completed acquisition of Clear Springs Foods, Inc., making it the largest land-based producer of trout in the Americas. The combined operations include multiple farms, processing facilities, and a comprehensive supply chain focused on sustainable aquaculture.
• Lazy Dog RestaurantscoreChannel Partner/ Reseller/ DistributorLazy Dog restaurants feature trout from Riverence Farms as part of their commitment to quality ingredients. Riverence supplies sustainably raised, ASC-certified trout from their land-based operation in Idaho's Magic Valley.

Scale indicators6 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Australis Aquaculture: Massachusetts/US-based land-based barramundi producer and one of the closest US-based land-based aquaculture peers to Riverence, with comparable premium, sustainability-certified positioning and food service/retail distribution.
• Clear Springs Foods (now a Riverence subsidiary): Was the largest US land-based trout producer prior to its 2024 acquisition by Riverence; now operates as a wholly-owned subsidiary but historically served as Riverence's closest direct competitor in land-based rainbow trout production and processing.
• Blue Ridge Aquaculture: The world's largest indoor RAS tilapia producer, headquartered in Martinsville, Virginia. Directly comparable to Riverence in land-based closed-system freshwater finfish production, vertical integration, and US-based distribution to food service customers.

Emerging players

• Nordic Aquafarms (now Pure Salmon): Global RAS salmon developer with planned US facilities. Comparable to Riverence in indoor land-based finfish production technology stack, ESG positioning, and ambition to build large-scale facilities serving US markets.
• AquaBounty Technologies: US-based land-based salmon producer using proprietary genetics (AquAdvantage) and indoor RAS facilities. Comparable to Riverence as a North American land-based aquaculture operator focused on premium, traceability-led seafood with sustainability differentiation.
• Whole Oceans: Maine-based land-based Atlantic salmon developer building RAS capacity in the US. Similar land-based production approach, sustainability messaging, and US food service targets as Riverence, though focused on salmon rather than trout/steelhead.
• Atlantic Sapphire: Denmark-headquartered, publicly listed land-based salmon (Atlantic salmon) producer using RAS technology. Most directly comparable to Riverence in production model (RAS-style land-based farming, sustainability certification, premium positioning) though operating in salmon rather than trout/steelhead.
• Ideal Fish: Connecticut-based land-based producer of branzino (European sea bass) using RAS. Comparable in being a US-based RAS finfish producer focused on premium restaurants and sustainability positioning.

Broad incumbents

• Mowi ASA: The world's largest salmon aquaculture company and seafood incumbent. Relevant as a broader salmonid/farmed seafood peer with well-developed sustainability certification infrastructure, providing a reference point for how a scaled, certified aquaculture category leader monetizes sustainability.

Others

• BioMar: Global aquaculture feed supplier and Riverence's likely feed supplier. Comparable as an enabling supplier in the land-based and sustainable aquaculture ecosystem, given Riverence's stated focus on sustainable feed formulations including novel ingredients like algae and invasive-carp-derived fishmeal.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCXTxf0yPyuM6yzorbOfLWsg
• Facebookfacebook.com/riverenceusa
• Instagraminstagram.com/riverenceusa
• LinkedInlinkedin.com/company/riverence

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Riverence