# Ripple Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ripple-labs

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.ripple.com
- Total disclosed funding: $291M
- Latest round: Series C (Dec 20, 2019)
- Investors on record: 26

## About

Founded in 2012 and based in San Francisco, CA, Ripple Labs Inc. f.k.a OpenCoin Inc. operates as a financial technology company that used blockchain technology to facilitate secure cross-border payments and digital asset transactions for financial institutions. The company was founded by Chris Larsen and Jed McCaleb and has raised a total of USD 299.38 million across 9 deals to date. In August 2026, Ripple Labs Inc. raised USD 275 million in venture debt funding. Ripple Labs Inc. offers a suite of financial infrastructure solutions that empower financial institutions to seamlessly integrate blockchain technology and digital assets into their operations. The cornerstone of Ripple's offerings includes payment systems, custody services, and stablecoin solutions designed to facilitate instant, secure, and compliant cross-border transactions. These products aim to solve the inefficiencies associated with traditional banking systems, particularly in global payments and asset tokenization. Ripple's payment solutions enable clients, such as banks, fintechs, and payment service providers, to bypass traditional correspondent banking, thereby reducing transaction times and costs. The company serves a diverse global client base across various markets, including North America, Europe, Asia, and Latin America, focusing on enhancing the financial capabilities of organizations engaged in international trade and remittance services. Ripple Labs Inc. generates revenue through its institutional-grade financial solutions tailored for banks and payment service providers. Revenue streams predominantly derive from transaction fees associated with its payment processing services, as well as subscription-based models for access to its custody and digital asset solutions. In typical transactions, financial institutions may pay a fee for each cross-border payment processed through Ripple's network, designed to offer speed and efficiency compared to traditional methods. Additionally, partnerships with clients enable Ripple to provide customized solutions that integrate stablecoins into their payment infrastructures, enhancing client capabilities and leading to increased transaction volumes and additional service fees.The company will use the August 2026 funding to expand clearing, brokerage, and financing services for institutional clients in the US.

## Funding rounds

- Series C, Dec 20, 2019, $200M — SBI Holdings, Tetragon Financial Group, Route 66 Ventures
- Series B, Mar 28, 2016, $55M — SBI Holdings, Standard Chartered Bank, Seagate Technology LLC, Hinge Capital, Accenture Technology Ventures, Mouro Capital, CME Ventures, Abstract Ventures, SCB10X
- Series A, Dec 3, 2014, $32M — RRE Ventures, IDG Capital, Seagate Technology LLC, Hinge Capital, Vast Ventures, Core Innovation Capital, CRCM, AME Cloud Ventures, Digital Currency Group, Route 66 Ventures, Wicklow Capital, Mouro Capital, China Growth Capital, CME Ventures
- Seed, Nov 12, 2013, $3.5M — IDG Capital, Hinge Capital, Core Innovation Capital, Camp One Ventures
- Seed, May 15, 2013 — IDG Capital, GV
- Seed, Apr 11, 2013 — Lightspeed Venture Partners, Founders Fund, Andreessen Horowitz, Vast Ventures, Digital Currency Group
- Seed, Oct 2, 2012, $0.2M — Avant Global

## Investors

- Avant Global (https://capitalatlas.ai/funds/avant-global) — Seed
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Seed
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed
- Vast Ventures (https://capitalatlas.ai/funds/vast-ventures) — Seed, Series A
- Digital Currency Group (https://capitalatlas.ai/funds/digital-currency-group) — Seed, Series A
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Seed, Series A
- GV (https://capitalatlas.ai/funds/gv) — Seed
- Hinge Capital (https://capitalatlas.ai/funds/hinge-capital) — Seed, Series A, Series B
- Core Innovation Capital (https://capitalatlas.ai/funds/core-innovation-capital) — Seed, Series A
- Camp One Ventures (https://capitalatlas.ai/funds/camp-one-ventures) — Seed
- RRE Ventures (https://capitalatlas.ai/funds/rre-ventures) — Series A
- Seagate Technology LLC — Series A, Series B
- CRCM (https://capitalatlas.ai/funds/crcm) — Series A
- AME Cloud Ventures (https://capitalatlas.ai/funds/ame-cloud-ventures) — Series A
- Route 66 Ventures (https://capitalatlas.ai/funds/route-66-ventures) — Series A, Series C
- Wicklow Capital — Series A
- Mouro Capital (https://capitalatlas.ai/funds/mouro-capital) — Series A, Series B
- China Growth Capital (https://capitalatlas.ai/funds/china-growth-capital) — Series A
- CME Ventures (https://capitalatlas.ai/funds/cme-ventures) — Series A, Series B
- SBI Holdings — Series B, Series C
- Standard Chartered Bank — Series B
- Accenture Technology Ventures (https://capitalatlas.ai/funds/accenture-technology-ventures) — Series B
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Series B
- SCB10X (https://capitalatlas.ai/funds/scb10x) — Series B
- Tetragon Financial Group — Series C