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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.
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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
Ranked
Employee Count
114 as on Jun 30, 2026
Investment & Acquisitions
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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:lockFilter this list
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
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Ripcord's founders and board of directors

Founder? Claim Profile
The founders of Ripcord are Kim Lembo and Alex Fielding.
Here are the details of Ripcord's key team members:

Ripcord's employee count trend

Ripcord has 114 employees as of Jun 26. Here is Ripcord's employee count trend over the years:
Employee count trend for Ripcord
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Automattic
Automattic
2005, San Francisco (United States), Series E
Developer of open-source content management system
$896M
85/100
2nd
Logo for Box
Box
2005, Redwood City (United States), Public
AI based platform for secure collaboration, content management, and workflow
$693M
80/100
3rd
Logo for Kaltura
Kaltura
2006, New York City (United States), Public
Provider of video solutions for webinars, events, hubs, and virtual classrooms
$145M
78/100
4th
Logo for Conga
Conga
2006, Broomfield (United States), Acquired
Provider of document automation, contract lifecycle management, and revenue solutions
$140M
72/100
5th
Logo for Acquia
Acquia
2007, Boston (United States), Acquired
Provider of a digital experience platform for content, community, and commerce
$174M
71/100
6th
Logo for PandaDoc
PandaDoc
2011, San Francisco (United States), Series C
Provider of document management and automation platform with e-signature capabilities
$61.9M
70/100
7th
Logo for Newgen
Newgen
1992, Delhi (India), Public
Provider of a unified platform for digital transformation and automation
$17.7M
69/100
8th
Logo for Ripcord
Ripcord
2014, Hayward (United States), Series B
Provider of AI-powered robotic document digitization and intelligent data extraction platform
$147M
69/100
9th
Logo for Digio
Digio
2016, Bengaluru (India), Seed
Provider of digital solutions for KYC, document management, and digital signatures
$11.9M
69/100
10th
Logo for M-Files
M-Files
1989, Plano (United States), Series C
Enterprise document management platform for knowledge work automation
$127M
68/100
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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

lockFilter this list
Media has covered Ripcord for 1 event in last 1 year, It was about company updates.
Ripcord Joins AWS ISV Accelerate ProgramBusiness PR NewsSep 26, 2023Ripcord
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