Founded:
2014
Address:
Ripple Labs Inc
300 Montgomery Street 12th Floor
94104
San Francisco
, California
United States
Phone:
+1 (415) 213-4838
See map: Google Maps
California US
Investment lists:
Official name:
Ripple Labs, Inc.
Registration country:
United States
ISIC Code:
6619CIK:
0001685012
Company type:
Provider of financial settlement solutions.
Overview:
As modern global payment infrastructure, Ripple’s distributed financial technology solution allows banks to efficiently transact with other banks and payment providers to efficiently settle transactions in real time. Ripple eliminates time delays and ensures certainty of settlement, resulting in new revenue opportunities and lower transaction costs for banks and their customers. Using Ripple, banks can meet the growing demands for faster, low-cost, on-demand global payment services for any ticket size and offer better overall customer experiences.
PSEPS
Web site:
Funds managed
| Fund | Fund type | Vintage | Ccy | Committed capital |
|---|---|---|---|---|
| Xpring | Venture |
Funding history
Venture | (29 Jun 2017) |
Undisclosed amount
| Investor | Profile | Country | Industry | Notes | ||
|---|---|---|---|---|---|---|
|
Blockchain Capital |
Venture capital fund with a focus on blockchain enabled technologies. | United States | 6630 Fund management | edit |
Series B | USD 55,000,000 | USD 55,000,000 (15 Sep 2016) |
| Investor | Profile | Country | Industry | Notes | ||
|---|---|---|---|---|---|---|
|
SBI Investment Co Ltd |
Japan | 6630 Fund management | Led the investment round. | edit | ||
|
Abstract Ventures LLC |
Early stage venture capital firm. | 6630 Fund management | Round participant | edit | ||
|
Blockchain Capital |
Venture capital fund with a focus on blockchain enabled technologies. | United States | 6630 Fund management | Round participant | edit | |
|
Accenture Ventures |
6630 Fund management | Initial investment. Round participant | edit | |||
|
Santander InnoVentures |
6630 Fund management | Initial investment. Round participant | edit | |||
|
SCB Digital Ventures |
The venture capital arm of SCB Group. | 6630 Fund management | Initial investment. Round participant | edit | ||
|
Standard Chartered Bank |
International banking group. | 6419 Banks and credit unions | Initial investment. Round participant | edit | ||
|
Venture 51 (Venture51) |
6630 Fund management | Initial investment. Round participant | edit | |||
|
CME Ventures |
The venture capital arm of the CME Group. | 6630 Fund management | Follow-on investment. Round participant | edit |
Series A | USD 4,000,000 | USD 4,000,000 (6 Oct 2015) |
| Investor | Profile | Industry | Notes | ||
|---|---|---|---|---|---|
|
Santander InnoVentures |
6630 Fund management | Led the investment round. | edit | ||
|
CME Ventures |
The venture capital arm of the CME Group. | 6630 Fund management | Round participant | edit | |
|
Seagate Technology LLC |
Personal servers to protect and manage digital content | 2620 Manufacture of computers and peripheral equipment | Round participant | edit |
Series A | USD 28,000,000 | USD 28,000,000 (14 Sep 2015) |
Announced on 19 May 2015.
| Investor | Profile | Country | Industry | Notes | ||
|---|---|---|---|---|---|---|
|
IDG Capital Partners |
China | 6630 Fund management | Led the investment round. | edit | ||
|
AME Cloud Ventures |
United States | 6630 Fund management | Round participant | edit | ||
|
Avant Global LLC |
Round participant | edit | ||||
|
Blockchain Capital |
Venture capital fund with a focus on blockchain enabled technologies. | United States | 6630 Fund management | Round participant | edit | |
|
CME Ventures |
The venture capital arm of the CME Group. | 6630 Fund management | Round participant | edit | ||
|
Core Innovation Capital |
Private equity and venture capital firm. | United States | 6630 Fund management | Round participant | edit | |
|
CRCM Ventures |
6630 Fund management | Round participant | edit | |||
|
Digital Currency Group Inc (DCG) |
Investment company focused on bitcoin and blockchain tech businesses. | 6630 Fund management | Round participant | edit | ||
|
Nurzhas Makishev |
Individual investor | Round participant | edit | |||
|
Route 66 Ventures |
6630 Fund management | Round participant | edit | |||
|
RRE Ventures LLC |
United States | 6630 Fund management | Round participant | edit | ||
|
Seagate Technology LLC |
Personal servers to protect and manage digital content | 2620 Manufacture of computers and peripheral equipment | Round participant | edit |
Seed | USD 3,500,000 | USD 3,500,000 (12 Nov 2013) |
| Investor | Profile | Country | Industry | Notes | ||
|---|---|---|---|---|---|---|
|
Core Innovation Capital |
Private equity and venture capital firm. | United States | 6630 Fund management | Led the investment round. | edit | |
|
Camp One Ventures LLC |
United States | 6630 Fund management | Round participant | edit | ||
|
IDG Capital Partners |
China | 6630 Fund management | Round participant | edit | ||
|
Venture 51 (Venture51) |
6630 Fund management | Round participant | edit |
Angel | USD 1,400,000 | USD 1,400,000 (14 May 2013) |
| Investor | Profile | Country | Industry | Notes | ||
|---|---|---|---|---|---|---|
|
Camp One Ventures LLC |
United States | 6630 Fund management | edit | |||
|
GV. |
The venture capital arm of Alphabet Inc. (Formerly Google Ventures.) | United States | 6630 Fund management | edit | ||
|
IDG Capital Partners |
China | 6630 Fund management | edit | |||
|
Pantera Capital Management LP |
An investment firm focused exclusively on ventures, tokens, and projects related to blockchain tech, digital currency, and crypto assets. | 6630 Fund management | edit |
Angel | USD 1,500,000 | USD 1,500,000 (26 Mar 2013) |
Announced on 11 April 2013.
| Investor | Profile | Country | Industry | Notes | ||
|---|---|---|---|---|---|---|
|
Andreessen Horowitz (a16z) |
Venture capital firm founded by Marc Andreessen and Ben Horowitz | United States | 6630 Fund management | edit | ||
|
Digital Currency Group Inc (DCG) |
Investment company focused on bitcoin and blockchain tech businesses. | 6630 Fund management | edit | |||
|
FF Angel LLC |
6430 Trusts, funds and similar financial entities | edit | ||||
|
Lightspeed Venture Partners |
Global venture capital firm | United States | 6630 Fund management | edit | ||
|
Vast Ventures |
6630 Fund management | edit |
Seed | USD 200,000 | USD 200,000 (2 Oct 2012) |
| Investor | Profile | Notes | ||
|---|---|---|---|---|
|
Avant Global LLC |
edit | |||
|
Jesse Powell |
Individual investor | edit |
| Investor | Profile | Country | Industry | Notes | ||
|---|---|---|---|---|---|---|
|
Hard Yaka |
edit | |||||
|
Kenetic Capital |
Hong Kong SAR, China | 6630 Fund management | edit |
Selected investments
| Company | Profile | Country | Industry | Funding | Date | |
|---|---|---|---|---|---|---|
| Blockchain Capital Parallel IV | 6430 Trusts, funds and similar financial entities | XRP 38,325,924 | 22 Mar 2018 | |||
| InstaReM Pte Ltd | Fintech startup that helps banks and consumers send money overseas at lower cost. | Singapore | Series C | 20 Mar 2019 |
Current employees
| Employee | Name | Job title | Office | |
|---|---|---|---|---|
| Co-Founder | United States |
|
||
| Chief Strategist |
|
|||
 |
Chief Executive Officer |
|
||
| Senior Vice President - Strategic Growth |
|
|||
| Head of Regulatory Relations for Asia Pacific and the Middle East |
|
Referenced as key business partner by:
| InstaReM Pte Ltd | (2019) | Singapore | Fintech startup that helps banks and consumers send money overseas at lower cost. |
SEC Filings
5 Oct 2016 Form D
Industry group:
- Technology
- Other Technology
Date of first sale: 3 Dec 2014
Offering amount: USD 31,877,616
Amount sold: USD 31,877,616
Number of investors: 28
Remaining to be sold: USD 0
Minimum investment accepted: USD 0
Sales commissions: USD 0
Finders' fees: USD 0
Use of proceeds: USD 0
5 Oct 2016 Form D
Industry group:
- Technology
- Other Technology
Date of first sale: 28 Mar 2016
Offering amount: USD 55,202,952
Amount sold: USD 55,202,952
Number of investors: 19
Remaining to be sold: USD 0
Minimum investment accepted: USD 0
Sales commissions: USD 0
Finders' fees: USD 0
Use of proceeds: USD 0
Insights:
PSEPS ID: 423911
External Links
