About Riff Technologies
Riff Technologies is a company based in London (United Kingdom) founded in 2020 by Isabel Bescos and Matt Scheybeler.. Riff Technologies has raised $1.5 million across 1 funding round from investors including Seedcamp, Balderton Capital and Carlos Gonzalez-Cadenas. The company has 7 employees as of May 31, 2022. Riff Technologies offers products and services including Riff Workspace and Magic Mic. Riff Technologies operates in a competitive market with competitors including RingCentral, Fuze, Webex, Weave and Mitel, among others.
- Headquarter London, United Kingdom
- Employees 7 as on 31 May, 2022
- Founders Isabel Bescos, Matt Scheybeler
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Riff Technologies Limited
- Date of Incorporation 19 May, 2020
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.5 M (USD)
in 1 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Aug 20, 2020
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Investors
Seedcamp
& 4 more
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Employee Count
7
as on May 31, 2022
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Products & Services of Riff Technologies
Riff Technologies offers a comprehensive portfolio of products and services, including Riff Workspace and Magic Mic. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Voice and video tool for remote team communication and sharing.
Enhances echo-free collaboration in team calls.
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Funding Insights of Riff Technologies
Riff Technologies has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in August 2020. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $1.5M
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First Round
First Round
(20 Aug 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2020 | Amount | Seed - Riff Technologies | Valuation | Balderton Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Riff Technologies
Riff Technologies has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Seedcamp, Balderton Capital and Carlos Gonzalez-Cadenas. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Multistage venture capital investments are focused on technology sectors.
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Founded Year | Domain | Location | |
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Venture capital fund investing in tech startups
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Founded Year | Domain | Location | |
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CG
Carlos Gonzalez-Cadenas |
Angel investor, ex-COO of GoCardless, partner at Index Ventures
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Riff Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Riff Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Riff Technologies Comparisons
Competitors of Riff Technologies
Riff Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RingCentral, Fuze, Webex, Weave and Mitel, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Omnichannel software is delivered for customer engagement in healthcare businesses.
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| domain | founded_year | HQ Location |
Unified communication platforms are managed via cloud-based systems.
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| domain | founded_year | HQ Location |
Cloud-based employee communication platform is provided for internal collaboration.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Riff Technologies
When was Riff Technologies founded?
Riff Technologies was founded in 2020.
Where is Riff Technologies located?
Riff Technologies is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Riff Technologies?
Isabel Bescos is the current CEO of Riff Technologies. They have also founded this company.
Is Riff Technologies a funded company?
Riff Technologies is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Seed of $1.5M, raised on Aug 20, 2020.
How many employees does Riff Technologies have?
As of May 31, 2022, the latest employee count at Riff Technologies is 7.
What does Riff Technologies do?
Riff Technologies was founded in 2020 and is headquartered in London, United Kingdom. A cloud-based platform is operated to support real-time voice communication for remote teams. Collaboration and interaction are facilitated through voice features, targeting the productivity software sector. Services focus on seamless audio-based engagement without requiring traditional video interfaces.
Who are the top competitors of Riff Technologies?
Riff Technologies's top competitors include Webex, Bandwidth and RingCentral.
What products or services does Riff Technologies offer?
Riff Technologies offers Riff Workspace and Magic Mic.
Who are Riff Technologies's investors?
Riff Technologies has 5 investors. Key investors include Seedcamp, Balderton Capital, Carlos Gonzalez-Cadenas, Nicolas Brusson, and Tim Sadler.