About Rippey AI
Rippey AI is a Transportation, Automotive & Logistics company based in Louisville (United States) founded in 2019. AI and web-based document management solutions for logistics are provided. It operates in the Transportation, Automotive & Logistics and Technology sectors. Rippey AI has raised $3.59 million across 2 funding rounds from investors including Schematic Ventures, PSA Ventures and CrimsonLogic. Its chief executive, as recorded, is Matt Motsick. Its focus areas include Consumer, Logistics Tech, Freight and Multimodal. Its competitors include Outgo, Vector and BasicBlock; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Total Equity Funding$3.59M (USD)
in 2 rounds
- Latest Funding Round$3.59M (USD), Series A
Aug 2023
- InvestorsSchematic Ventures
& 3 more
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 $3.59M
- Total Rounds 2
- Last Round Series A — $3.59M
- Investors Count 4
All 2 funding rounds of Rippey AI 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 |
|---|---|---|---|---|---|
| Aug 2023 | $3.59M | Series A | – | – | – |
| May 2020 | Seed | – | Schematic Ventures |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage venture capital investments in industrial technology are made. | schematicventures.com | San Francisco, United States | ||
PSA Ventures is focused on venture capital investments in logistics. | unboxed.globalpsa.com | Singapore, Singapore | ||
Angel and early-stage investments in US tech startups are conducted. | supplychainventure.com | Boston, United States | ||
Innovative technology solutions for global trade and digital government are provided. | globaletrade.services | Singapore, Singapore |
Investor details for Rippey AI
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People of Rippey AI
1 people are tracked at Rippey AI (1 in leadership).
| Name | Role | Group |
|---|---|---|
Matt Motsick | CEO | Leadership |
Complete people profiles for Rippey AI
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Timeline of Rippey AI
3 dated milestones of Rippey AI across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Rippey AI is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $3.6M.
Competitors of Rippey AI
Rippey AI has 3 listed competitors in our database, 3 of them funded. They include Outgo, Vector and BasicBlock.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| outgo.com | 2016 | Seattle, United States | $18.4M | 9 | Accounting and invoice management software is provided for receivables. | |
| withvector.com | 2014 | San Francisco, United States | $12M | AI-enabled document and transport management solutions are provided for logistics. | ||
| basicblock.io | 2018 | Omaha, United States | $81.27M | Document scanning software is provided for carriers in logistics. |
Detailed competitors of Rippey AI
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Web traffic of Rippey AI
The website of Rippey AI (rippey.ai) receives about 1.7K visits a month.
- Monthly visits1.7K
▲ 57.3% vs previous month
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Rippey AI (Logistics Technology & Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based logistics software suite is provided for supply chain management. | 1994 | Schaumburg, Illinois, United States | USD 35 M | USD 1.42 B | 3,600 |
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Frequently Asked Questions about Rippey AI
Rippey AI was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Rippey AI is headquartered in Louisville, United States. It is registered at Louisville, Kentucky, United States.
Matt Motsick is the CEO of Rippey AI, as recorded in our data.
Rippey AI is a funded company, having raised a total of $3.59M across 2 funding rounds to date.
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.
Rippey AI's top competitors include Vector, Outgo and BasicBlock.
Rippey AI has 4 investors. Key investors include Schematic Ventures, PSA Ventures, CrimsonLogic, and Supply Chain Ventures.