About RapidRatings
RapidRatings is a Financial Services company based in New York (United States) founded in 2002 by Patrick Caragata. Cloud-based vendor risk management and financial insights are provided. It operates in the Financial Services and Technology sectors. RapidRatings has raised $254.89 million across 5 funding rounds from investors including Spectrum Equity, 22C Capital and LLR Partners. The company has 163 employees. RapidRatings was last valued at $1 billion in February 2022. Its chief executive, as recorded, is James H Gellert. Its website rapidratings.com draws about 19 thousand monthly visits. RapidRatings offers products and services including FHR Report, Supply Chain Risk Tool, and Third Party Risk Service. Its focus areas include FinTech, RegTech, Risk Management and Risk Type. Its legal entity is RAPID RATINGS INTERNATIONAL INC. Its competitors include EXIGER, Riskified and Kyriba; 3 of its 3 listed competitors have raised funding.
Company details
RapidRatings was founded in 2002 and is headquartered in New York, United States. A cloud-based platform for vendor risk management is operated, focusing on the financial health of third-party vendors, suppliers, and counterparties. Actionable insights into financial stability are delivered to support assessments. The service is utilized by insurance underwriters, investors, and trading partners within the risk management sector.
- Headquarters New York, United States
- Employees 163
- Founders Patrick Caragata
- Stage Unicorn
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website rapidratings.com
- Social LinkedIn X Facebook
- Legal Name Rapid Ratings International Inc.
- Total Equity Funding$254.89M (USD)
in 5 rounds
- Latest Funding Round$200M (USD), Series C
Feb 2022
- InvestorsSpectrum Equity
& 4 more
- Employee Count163
Products & Services of RapidRatings
RapidRatings offers a comprehensive portfolio of products and services, including FHR Report, Supply Chain Risk Tool, and Third Party Risk Service.
Provides free financial health ratings for risk assessment and disruption alerts
Platform to analyze and navigate global supply chain complexities
Service for real-time visibility into third-party operations and risks
Funding Insights of RapidRatings
RapidRatings has successfully raised a total of $254.89M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $200 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $254.89M
- Total Rounds 5
- Last Round Series C — $200M
- First Round $1.2M
(Aug 2008)
- Investors Count 5
All 5 funding rounds of RapidRatings with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2022 | $200M | Series C | – | Spectrum Equity, 22C Capital | – |
| Aug 2018 | $30M | Series B | – | FTV Capital | – |
| May 2016 | $21.01M | Series A | – | LLR Partners | – |
| Nov 2010 | $2.68M | Seed | – | – | – |
| Aug 2008 | $1.2M | Seed | – | – | – |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of RapidRatings
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $1B (Feb 2022). 5 investors in total: 5 institutional.
Investors in RapidRatings
RapidRatings has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Spectrum Equity, 22C Capital and LLR Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth equity investments and partnerships in finance and related sectors. | spectrumequity.com | |||
Capital and resources are delivered to technology and data-focused companies. | 22ccapital.com | New York, USA | ||
Private equity firm investing in technology and healthcare businesses for growth capital. | llrpartners.com | |||
Private equity investment firm | ftvcapital.com | San Francisco, United States | ||
| tippingpointpartners.com |
Investor details for RapidRatings
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of RapidRatings
97 people are tracked at RapidRatings (28 in leadership, 1 in board & advisors, 68 in team); the tracked headcount is 163.
| Name | Role | Group |
|---|---|---|
Patrick Caragata | Founder | Leadership |
Karl O Connor | Managing Director & Head of Engineering | Leadership |
James H Gellert | Chairman & CEO | Leadership |
Kailey Buxbaum | Director, Client And Member Experience | Leadership |
Andrew Bonello | Director of Product Management | Leadership |
Brad Longenecker | Chief People Officer | Leadership |
Neha Mehta | Director, Solutions & Value Engineering | Leadership |
Ethan Treese | Chief Commercial Officer | Leadership |
Sherisse Thomas | Director of Human Resources and Diversity & Inclusion | Leadership |
Maren Costello | Regional Head, People & Culture | Leadership |
Elliot Goldman | Chief Financial Officer | Leadership |
John R. D’Aleo | CEO | Leadership |
Robyn Clayton | Transformation Director | Leadership |
Scott Sheridan | Account Director- Europe | Leadership |
David Markey | Head Of Innovation | Leadership |
Rob Otoka | Senior Director Of Operations And Enablement | Leadership |
Tim Wilks | Managing Director - Sales Account Management | Leadership |
Everett Weston | Head of Sales | Leadership |
Lauren Weiner | Chief Marketing Officer | Leadership |
Eamonn Dunne | CTO | Leadership |
77 more people are available in the full profile.
Complete people profiles for RapidRatings
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of RapidRatings
4 dated milestones of RapidRatings across 20 years, from founding to its latest funding, stage changes and deals.
- Founded RapidRatings is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Series C, of $200.0M.
- Milestone Reaches Unicorn status.
Competitors of RapidRatings
RapidRatings has 3 listed competitors in our database, 3 of them funded. They include EXIGER, Riskified and Kyriba.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| exiger.com | 2013 | New York, United States | $80M | Third-party risks and supply chains are managed via AI platform. | ||
| riskified.com | 2013 | New York, United States | $232.02M | 781 | AI-based fraud prevention for e-commerce payments is provided. | |
| kyriba.com | 2000 | San Diego, United States | $160.68M | 334 | Cloud-based treasury automation and risk management solutions are provided. |
Detailed competitors of RapidRatings
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of RapidRatings
The website of RapidRatings (rapidratings.com) receives about 19.5K visits a month.
- Monthly visits19.5K
▲ 16.3% vs previous month
Websites whose visitors overlap most with RapidRatings. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| moodys.com | 100% | 716.3K | #75,659 | View details | |
| fitchratings.com | 75% | 545.5K | #97,215 | View details | |
prowess.cmie.com | prowess.cmie.com | 72% | – | ||
| moodysanalytics.com | 48% | 45.7K | #546,795 | View details | |
| ambest.com | 47% | #191,401 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for RapidRatings
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Regulatory & Compliance Tech
3 companies that operate in the same segment as RapidRatings (Regulatory & Compliance Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
CLEAR is focused on secure identity verification for seamless experiences. | 2010 | New York, New York, United States | USD 135 M | USD 900.78 M | 4,019 | |
AI-based fraud prevention for e-commerce payments is provided. | 2013 | New York, New York, United States | USD 232.02 M | USD 346.08 M | 724 | |
Compliance management solutions for financial institutions | 2014 | New York, New York, United States | USD 461 M | 815 |
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Related news about Rapidratings
Complete news archive for RapidRatings
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Frequently Asked Questions about RapidRatings
RapidRatings was founded in 2002 and raised its 1st funding round 6 years after it was founded.
RapidRatings is headquartered in New York, United States. It is registered at New York, New York, United States.
James H Gellert is the CEO of RapidRatings, as recorded in our data.
RapidRatings is a funded company, having raised a total of $254.89M across 5 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Aug 2008.
RapidRatings has 163 employees.
RapidRatings was founded in 2002 and is headquartered in New York, United States. A cloud-based platform for vendor risk management is operated, focusing on the financial health of third-party vendors, suppliers, and counterparties. Actionable insights into financial stability are delivered to support assessments. The service is utilized by insurance underwriters, investors, and trading partners within the risk management sector.
RapidRatings offers FHR Report, Supply Chain Risk Tool, and Third Party Risk Service.
RapidRatings has 5 investors. Key investors include Spectrum Equity, 22C Capital, LLR Partners, FTV Capital, and Tipping Point Partners.
The valuation of RapidRatings is $1B as of Feb 2022.
RapidRatings operates through Rapid Ratings International Inc..