About Ripcord
Ripcord is a company based in Hayward (United States) founded in 2014.. Ripcord has raised $136.5 million across 6 funding rounds from investors including Fujifilm, SVB and MUFG Bank. Ripcord has completed 1 acquisition, including Engine ML. Ripcord offers products and services including Canopy Platform, Digitization Service, and Intelligence Service. Ripcord operates in a competitive market with competitors including Acquia, Automattic, M-Files, Kaltura and PandaDoc, among others.
- Headquarter Hayward, United States
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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 Ripcord Inc
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Products & Services of Ripcord
Ripcord offers a comprehensive portfolio of products and services, including Canopy Platform, Digitization Service, and Intelligence Service. 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.
Enables access and analysis of digitized data for business use.
Converts paper documents to digital files with integrity.
Extracts and validates data from documents using AI.
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Funding Insights of Ripcord
Ripcord has successfully raised a total of $136.5M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $32 million completed in April 2024. 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 6
- Last Round Series B — $32.0M
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First Round
First Round
(23 Mar 2017)
- Investors Count 14
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2024 | Amount | Series B - Ripcord | Valuation | Kleiner Perkins , Google Ventures |
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| Feb, 2020 | Amount | Series B - Ripcord | Valuation | CDK Global | |
| Dec, 2017 | Amount | Series B - Ripcord | Valuation | Google Ventures , Icon Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Ripcord
Ripcord has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Fujifilm, SVB and MUFG Bank. 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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Venture capital firm investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Corporate backed venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Sector-agnostic growth stage VC investment company funding companies in the US and Asia
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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 Ripcord
Ripcord has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Engine ML. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of training solution for ML models
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2018 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ripcord
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Ripcord Comparisons
Competitors of Ripcord
Ripcord 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 Acquia, Automattic, M-Files, Kaltura and PandaDoc, 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 |
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| domain | founded_year | HQ Location |
AI powered digital experience and customer data management platform
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Automattic is engaged in developing web and messaging solutions.
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Documents are managed and automated for enterprise knowledge work.
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Offers cloud-based video solutions tailored for the media and entertainment industry.
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Document workflows are automated and managed for sales teams.
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| domain | founded_year | HQ Location |
Provider of no code business automation solutions
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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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On-demand services are booked through an app-based platform.
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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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Latest news on Ripcord
Frequently Asked Questions about Ripcord
When was Ripcord founded?
Ripcord was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Ripcord located?
Ripcord is headquartered in Hayward, United States. It is registered at Hayward, California, United States.
Who is the current CEO of Ripcord?
Sam Fahmy is the current CEO of Ripcord.
Is Ripcord a funded company?
Ripcord is a funded company, having raised a total of $136.5M across 6 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Mar 23, 2017.
What does Ripcord do?
Ripcord was founded in 2014 in Hayward, United States, within the records management sector. End-to-end solutions are offered for digitizing paper records via automation, including transportation, scanning, optical character recognition, indexing, online storage, shredding, records management systems, analytics, tracking, monitoring, and faceted search. Access and insights from digitized records are enabled by sophisticated software.
Who are the top competitors of Ripcord?
What products or services does Ripcord offer?
Ripcord offers Canopy Platform, Digitization Service, and Intelligence Service.
How many acquisitions has Ripcord made?
Ripcord has made 1 acquisition, including Engine ML.
Who are Ripcord's investors?
Ripcord has 14 investors. Key investors include Fujifilm, SVB, MUFG Bank, Kleiner Perkins, and Icon Ventures.
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