About Ritual
Ritual is a company based in New York (United States) founded in 2023 by Niraj Pant and Akilesh Potti. It operates as a API-as-a-Product. Ritual has raised $25 million across 1 funding round from investors including Accel, Anagram and dao5. Ritual offers products and services including Ritual AI Integration. Ritual operates in a competitive market with competitors including Bitfury, Chain Reaction, Litecoin Project, KnCMiner and BTQ, among others.
- Headquarter New York, United States
- Founders Niraj Pant, Akilesh Potti
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Sectors
Technology
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Email
Locked
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$25 M (USD)
in 1 rounds
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Latest Funding Round
$25 M (USD), Series A
Nov 08, 2023
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Investors
Accel
& 16 more
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Employee Count
Not available
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Products & Services of Ritual
Ritual offers a comprehensive portfolio of products and services, including Ritual AI Integration.
AI integration for protocols and smart contracts provided.
People of Ritual
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Funding Insights of Ritual
Ritual has successfully raised a total of $25M through 1 strategic funding round. The most recent funding activity was a Series A round of $25 million completed in November 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.
Investors in Ritual
Ritual has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Accel, Anagram and dao5.
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Tech startups are funded by Archetype venture capital firm.
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Accomplice is engaged in venture capital investments for startups.
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Robot Ventures is associated with technology or robotics.
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Investor details for Ritual
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Investments & Acquisitions by Ritual
Investment portfolio details for Ritual
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Financial Statements - Ritual
Detailed financials for Ritual
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Ritual Comparisons
Peer comparison for Ritual
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Competitors of Ritual
Ritual 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 Bitfury, Chain Reaction, Litecoin Project, KnCMiner and BTQ, among others.
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Cryptocurrency mining solutions are provided through AI and blockchain platforms.
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Hardware acceleration is offered for blockchain infrastructure security.
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Litecoin operates as an open-source peer-to-peer digital currency network.
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Bitcoin mining hardware, chips, and blockchain services are offered.
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A post-quantum blockchain scaling platform is provided for asset safeguarding.
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Detailed competitors of Ritual
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Latest news on Ritual
Complete news archive for Ritual
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Frequently Asked Questions about Ritual
Ritual was founded in 2023.
Ritual is headquartered in New York, United States. It is registered at New York, New York, United States.
Ritual is a funded company, having raised a total of $25M across 1 funding round to date.
Ritual is engaged in developing solutions for integrating AI models into protocols, applications, and smart contracts with minimal coding effort. The company operates within the blockchain and technology sectors, providing tools to enhance functionality through artificial intelligence. Their offerings are designed to support various digital platforms seeking advanced AI capabilities.
Ritual's top competitors include Bitfury, Chain Reaction and BTQ.
Ritual offers Ritual AI Integration.