Ripcord - About the company
Ripcord is a series B company based in Hayward (United States), founded in 2014 by Kim Lembo and Alex Fielding. It operates as a Provider of AI-powered robotic document digitization and intelligent data extraction platform. Ripcord has raised $147M in funding from investors like Icon Ventures, Google Ventures and Kleiner Perkins. The company has 2203 active competitors, including 154 funded and 187 that have exited. Its top competitors include companies like Automattic, Box and Kaltura.
Company Details
Provider of AI-powered robotic document digitization and intelligent data extraction platform. The company combines proprietary robotics with optical character recognition, natural language processing, and machine learning to scan physical records, ingest digital files, classify structured and unstructured documents, and extract searchable data at scale. Its cloud content platform lets organizations access, search, and integrate this data into systems of record, enabling automated workflows, compliance, and analytics for sectors such as financial services, manufacturing, real estate, and the public sector.
- Website
- www.ripcord.com/
- Email ID
- *****@ripcord.com
- Phone Number
- +1 **********
- Registered Address
- Delta, Colorado
Key Metrics
Founded Year
2014
Location
Hayward, United States
Stage
Series B
Total Funding
$147M in 6 rounds
Latest Funding Round
Investors
Ranked
8th among 2203 active competitors
Employee Count
114 as on Jun 30, 2026
Investment & Acquisitions
Legal entities associated with Ripcord
Ripcord is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RIPCORD, INC. CIN: 213192396 , United States, Active | Jun 12, 2023 | - | - | - |
RIPCORD INDUSTRIES, INC. CIN: 481297946 , United States, Active | Dec 31, 1999 | - | 2 (As on Dec 31, 2019) | - |
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Ripcord's funding and investors
Ripcord has raised a total funding of $147M over 6 rounds. Its first funding round was on Mar 23, 2017. Its latest funding round was a Series B round on Apr 16, 2024 for $*****. 7 investors participated in its latest round. Ripcord has 24 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Ripcord:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 16, 2024 | 3321532 | Series B | 6824470 | 2808152 | 1288973 | 4877022 |
Feb 25, 2020 | 9293650 | Series B | 8262737 | 8370991 | 5788723 | |
Dec 20, 2017 | 4222098 | Series B | 1949449 | 8851319 |
View details of Ripcord's funding rounds and investors
Ripcord's founders and board of directors
Founder? Claim ProfileThe founders of Ripcord are Kim Lembo and Alex Fielding.
Here are the details of Ripcord's key team members:
- Kim Lembo: Co-Founder of Ripcord.
- Alex Fielding: Founder of Ripcord. Contact Info: 1 email address and 1 phone number
View details of Ripcord's Founder profiles and Board Members
Ripcord's employee count trend
Ripcord has 114 employees as of Jun 26. Here is Ripcord's employee count trend over the years:
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Ripcord's Competitors and alternates
Top competitors of Ripcord include Automattic, Box and Kaltura. Here is the list of Top 10 competitors of Ripcord, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Automattic 2005, San Francisco (United States), Series E | Developer of open-source content management system | $896M | 85/100 | |
2nd | Box 2005, Redwood City (United States), Public | AI based platform for secure collaboration, content management,
and workflow | $693M | 80/100 | |
3rd | Kaltura 2006, New York City (United States), Public | Provider of video solutions for webinars, events, hubs, and virtual classrooms | $145M | 78/100 | |
4th | Conga 2006, Broomfield (United States), Acquired | Provider of document automation, contract lifecycle management, and revenue solutions | $140M | 72/100 | |
5th | Acquia 2007, Boston (United States), Acquired | Provider of a digital experience platform for content, community, and commerce | $174M | 71/100 | |
6th | PandaDoc 2011, San Francisco (United States), Series C | Provider of document management and automation platform with e-signature capabilities | $61.9M | 70/100 | |
7th | Provider of a unified platform for digital transformation and automation | $17.7M | 69/100 | ||
8th | Ripcord 2014, Hayward (United States), Series B | Provider of AI-powered robotic document digitization and intelligent data extraction platform | $147M | 69/100 | |
9th | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 69/100 | ||
10th | M-Files 1989, Plano (United States), Series C | Enterprise document management platform for knowledge work automation | $127M | 68/100 |
Looking for more details on Ripcord's competitors? Click here to see the top ones
Ripcord's Investments and acquisitions
Ripcord has acquired Engine ML. Ripcord has not made any investments as of now.Reports related to Ripcord
Here is the latest report on Ripcord's sector:
News related to Ripcord
Media has covered Ripcord for 1 event in last 1 year, It was about company updates.
•
Ripcord to Launch Flagship Robotics Facility in California to Meet Surging Demand for AI DataBusiness Wire•May 19, 2026•Ripcord
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Ripcord and Palantir partner to automate enterprise data access using AI and robotics.HITECH news articles•Mar 12, 2025•Ripcord, Palantir
•
Ripcord And Vastec Merge To Scale Advanced Ai-powered Robotic Document Digitization And Records Management SolutionsHITECH news articles•Jan 29, 2025•Ripcord, Vastec
•
Ripcord Closes $32M in New Funding, Fueling Next Phase of Growth and InnovationBusiness PR News•Apr 16, 2024•Ripcord, Kleiner Perkins, Google Ventures, Icon Ventures and 2 others
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Ripcord, the file scanning startup backed by Steve Wozniak, seeks new fundingGlobal Village Space•Oct 14, 2023•Ripcord, Google Ventures, Lux Capital, MUFG
•
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Ripcord and Oracle Partner to Revolutionize Document Processing for Businesses WorldwideBusiness PR News•Jun 27, 2023•Ripcord
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Ripcord Brings Generative AI to Enterprise Documents with Launch of First OpenAI IntegrationBusiness PR News•Apr 28, 2023•Ripcord, OpenAI
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Cutting $38 Billion in Government Document Management Costs with Ripcord's AI and RoboticsHITECH news articles•Mar 28, 2023•Ripcord
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