Ripcord Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 112

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $32M

  • Investors
  • 32

Ripcord General Information

Description

Developer of a robotic digitization platform designed for paperless records management. The company uses sensors and software automation to create a digital twin of information, document scanning, and accurate recognition as well as vision-guided robots, artificial intelligence, and machine learning to capture, enrich, and organize important content, enabling clients to streamline their business processes with speed, quality, and accuracy.

Contact Information

Website
www.ripcord.com
Formerly Known As
Moffett Data
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 30955 Huntwood Avenue
  • Hayward, CA 94544
  • United States
+1 (855)
Primary Industry
Business/Productivity Software
Other Industries
Automation/Workflow Software
Vertical(s)
Big Data, Robotics and Drones, SaaS, Artificial Intelligence & Machine Learning, TMT
Corporate Office
  • 30955 Huntwood Avenue
  • Hayward, CA 94544
  • United States
+1 (855)

Ripcord Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Ripcord Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Later Stage VC 16-Apr-2024 $32M Completed Generating Revenue
8. Secondary Transaction - Private 01-Dec-2022 Completed Generating Revenue
7. Secondary Transaction - Private 27-Jul-2021 Completed Generating Revenue
6. Debt - General 01-Jun-2021 Completed Generating Revenue
5. Later Stage VC (Series B2) 25-Feb-2020 Completed Generating Revenue
4. Early Stage VC (Series B1) 20-Dec-2017 Completed Generating Revenue
3. Accelerator/Incubator Completed Generating Revenue
2. Early Stage VC (Series B) 17-Aug-2017 $40M $49.5M Completed Generating Revenue
1. Early Stage VC (Series A) 23-Mar-2017 $9.5M $9.5M Completed Generating Revenue
To view Ripcord’s complete valuation and funding history, request access »

Ripcord Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B2
Series B1
Series B
Series A 50,603,440 $0.001000 $0.01 $0.14 $0.14 $0.14 11.46%
Seed 25,000,000 $0.001000 $0 $0.02 $0.02 $0.02 5.66%
To view Ripcord’s complete cap table history, request access »

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Ripcord Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a robotic digitization platform designed for paperless records management. The company uses sensors and sof
Business/Productivity Software
Hayward, CA
112 As of 2024

Lehi, UT
 

Kitchener, Canada
 
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Ripcord Competitors (17)

One of Ripcord’s 17 competitors is eFileCabinet, a Venture Capital-Backed company based in Lehi, UT.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
eFileCabinet Venture Capital-Backed Lehi, UT
Shinydocs Venture Capital-Backed Kitchener, Canada
OnePlace Solutions Private Equity-Backed Manly, Australia
Veeam Private Equity-Backed Seattle, WA
KnowledgeLake Private Equity-Backed Saint Louis, MO
You’re viewing 5 of 17 competitors. Get the full list »

Ripcord Patents

  • 56

    Total Documents Applications and Grants

  • Total Patents Families

  • 39

    Granted

  • 6

    Pending

  • Expiring in next 12 mo

Ripcord Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-11089175-B2 Systems and methods for identifying and transferring sheets Active 21-Mar-2017
US-10798261-B2 Systems and methods for identifying and transferring sheets Active 21-Mar-2017
US-20210058526-A1 Systems and methods for identifying and transferring sheets Active 21-Mar-2017
US-20210377411-A1 Systems and methods for identifying and transferring sheets Active 21-Mar-2017
US-11516359-B2 Systems and methods for identifying and transferring sheets Active 21-Mar-2017 H04N1/00785
To view Ripcord’s complete patent history, request access »

Ripcord Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Ripcord Investors (32)

Investor Name Investor Type Holding Investor Since Participating Rounds
15th Rock Venture Capital Minority
Essentia Ventures Venture Capital Minority
Gaingels Venture Capital Minority
HiJoJo Partners Venture Capital Minority
MUFG Innovation Partners Corporate Venture Capital Minority
You’re viewing 5 of 32 investors. Get the full list »

Ripcord Investments & Acquisitions (4)

Ripcord’s most recent deal was a Merger/Acquisition with Vastec. The deal was made on 29-Jan-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Vastec 29-Jan-2025 Merger/Acquisition Systems and Information Management
LearningPal 21-Apr-2022 Merger/Acquisition Business/Productivity Software
Engine ML 09-Dec-2020 Merger/Acquisition Business/Productivity Software
Fujifilm RIPCORD 02-Sep-2020 Joint Venture Business/Productivity Software
To view Ripcord’s complete investments and acquisitions history, request access »

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Ripcord FAQs

  • When was Ripcord founded?

    Ripcord was founded in 2015.

  • Where is Ripcord headquartered?

    Ripcord is headquartered in Hayward, CA.

  • What is the size of Ripcord?

    Ripcord has 112 total employees.

  • What industry is Ripcord in?

    Ripcord’s primary industry is Business/Productivity Software.

  • Is Ripcord a private or public company?

    Ripcord is a Private company.

  • What is Ripcord’s current revenue?

    The current revenue for Ripcord is .

  • How much funding has Ripcord raised over time?

    Ripcord has raised $151M.

  • Who are Ripcord’s investors?

    15th Rock, Essentia Ventures, Gaingels, HiJoJo Partners, and MUFG Innovation Partners are 5 of 32 investors who have invested in Ripcord.

  • Who are Ripcord’s competitors?

    eFileCabinet, Shinydocs, OnePlace Solutions, Veeam, and KnowledgeLake are some of the 17 competitors of Ripcord.

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