About Rippey AI
Rippey AI is a company based in Louisville (United States) founded in 2019.. Rippey AI has raised $3.59 million across 2 funding rounds from investors including Schematic Ventures, PSA Ventures and CrimsonLogic. Rippey AI operates in a competitive market with competitors including Outgo, WaveBL, essDOCS, Vector and BasicBlock, among others.
- Headquarter Louisville, United States
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Sectors
Transportation, Automotive & LogisticsTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.59 M (USD)
in 2 rounds
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Latest Funding Round
$3.59 M (USD), Series A
Aug 30, 2023
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Investors
Schematic Ventures
& 3 more
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Employee Count
Employee Count
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Funding Insights of Rippey AI
Rippey AI has successfully raised a total of $3.59M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.59 million completed in August 2023. 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 2
- Last Round Series A — $3.6M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series A - Rippey AI | Valuation |
investors |
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| May, 2020 | Amount | Seed - Rippey AI | Valuation | Schematic Ventures |
| 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 Rippey AI
Rippey AI has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Schematic Ventures, PSA Ventures and CrimsonLogic. 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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Early-stage venture capital investments in industrial technology are made.
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Founded Year | Domain | Location | |
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PSA Ventures is focused on venture capital investments in logistics.
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Founded Year | Domain | Location | |
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Angel and early-stage investments in US tech startups are conducted.
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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 Rippey AI
| 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 - Rippey AI
| 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 |
Rippey Ai Comparisons
Competitors of Rippey AI
Rippey AI 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 Outgo, WaveBL, essDOCS, Vector and BasicBlock, 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 |
Accounting and invoice management software is provided for receivables.
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| domain | founded_year | HQ Location |
Blockchain technology-enabled platform for transfer of electronic bills of lading and other documents
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| domain | founded_year | HQ Location |
Trade documentation and logistics management are facilitated online.
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| domain | founded_year | HQ Location |
AI-enabled document and transport management solutions are provided for logistics.
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| domain | founded_year | HQ Location |
Document scanning software is provided for carriers in logistics.
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| domain | founded_year | HQ Location |
Provider of AI-powered solutions for cross-border trade
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Rippey Ai
Frequently Asked Questions about Rippey AI
When was Rippey AI founded?
Rippey AI was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Rippey AI located?
Rippey AI is headquartered in Louisville, United States. It is registered at Louisville, Kentucky, United States.
Who is the current CEO of Rippey AI?
Matt Motsick is the current CEO of Rippey AI.
Is Rippey AI a funded company?
Rippey AI is a funded company, having raised a total of $3.59M across 2 funding rounds to date.
What does Rippey AI do?
Rippey AI was founded in 2019 and is headquartered in Louisville, United States. Operations focus on the AI and logistics sectors, where conversational AI technology is utilized to automate document workflows. Web-based solutions are offered for managing shipping processes and logistics data, enabling efficient handling of related documentation and information flows.
Who are the top competitors of Rippey AI?
Rippey AI's top competitors include Vector, Outgo and BasicBlock.
Who are Rippey AI's investors?
Rippey AI has 4 investors. Key investors include Schematic Ventures, PSA Ventures, CrimsonLogic, and Supply Chain Ventures.