Ripcord
Latest round
- Series C
Last raised
- Feb 2020
Total raised
- $112M
Investors
- 13
About Ripcord
Ripcord, Inc. is a US-based company specializing in document digitization and data extraction services, utilizing advanced robotics and artificial intelligence to transform physical and digital documents into accessible digital formats. Founded in 2015 by co-founders Alex Fielding, Kevin Hall, and Kim Lembo, Ripcord, Inc. operates from Hayward, California, US, providing innovative digital solutions. The company specializing in transforming documents data using robotics, AI, and cloud-based software. Ripcord offers advanced document digitization and data extraction services through a combination of robotics and artificial intelligence. The company's core product involves the transformation of both paper and digital documents into high-quality digital files, ensuring document integrity and maintaining chain of custody. This process allows organizations to automate key business processes, access critical information, and unlock new opportunities. Ripcord serves a diverse client base across various industries including financial services, manufacturing, energy, public sector, and real estate, among others. Their solutions are designed to enhance operational efficiencies and facilitate better decision-making through actionable insights derived from data. Ripcord's products are marketed globally, with notable implementations in North America, Europe, and parts of Asia. Ripcord's revenue model is based on B2B transactions, with clients engaging the company for its document digitization and data intelligence services. These engagements typically involve subscription agreements or project-based contracts tailored to specific business needs. Clients pay for services based on the volume of documents digitized or through fixed-term contracts granting access to Ripcord's cloud-based content platform, Canopy. This approach allows flexibility in pricing according to the scope of services utilized, with the company earning a reputation for high accuracy in data extraction, essential for clients aiming to maximize their information assets while reducing operational costs.
Who invested in Ripcord
13 investors across 5 rounds
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Questions about Ripcord
Who invested in Ripcord?
Ripcord has 13 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ripcord raised?
Ripcord has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Ripcord last raise money?
Ripcord's most recent round on record is a Series C, in Feb 2020.
What does Ripcord do?
Ripcord is a software company.
Where is Ripcord headquartered?
Ripcord is headquartered in Hayward, US.
Which VCs invest in companies like Ripcord?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Ripcord's stage. Their profiles are linked below.
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