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Ripcord
Robotic digitization for records management
- 101-200 employees
- B2B
- Artificial Intelligence
- Enterprise
- Robotics
- Computer Vision
- SaaS
- Hayward, CA
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Company mission
Ripcord's mission is to take the world paperless.
-1% employee growth in 12 months
Our take
Data is an invaluable resource for businesses, having the potential to lead to vital business insights for the future. However, accessing data from documents within paperwork workflows is difficult to achieve without time-consuming manual data entry, and organizing the data makes the process even longer.
Ripcord develops 8K document digitization robots for businesses, allowing them to automatically capture data from paperwork documents on a huge scale with automated compliance and security standards. The captured data is then structured using natural language processing, making it highly searchable to facilitate actionable business insights.
The company has impressive investors & advisors, including Steve Wozniak (co-Founder of Apple), Bruce Scott (co-founder of Oracle), and Chris Kemp (Former CTO at NASA). Over the past few years, Ripcord has been focused on expanding its offering and transforming additional vertical markets, acquiring machine learning company LearningPal in 2022. It's product is now used in industries including food & beverage, energy, and healthcare, and a partner for leading companies such as CocaCola, BP, and Chevron.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- 100% of healthcare premiums are covered for you and all dependents
- A great selection of healthy (and not so healthy) snacks & refreshments on-site
- Stock options
- Free onsite gym complete with treadmills, free-weights, and even a Peloton Bicycle!
- Fun stuff like a ping pong table, video games, pool table, electric scooters and more!
- Great vision & dental insurance
- Generous parental leave programs
- Catered lunch daily
- Comprehensive leave policy
- Commuting benefits
- Dog-friendly office!
Funding (last 2 of 6 rounds)
Apr 2024
$32m
LATE VC
Feb 2020
$45m
SERIES B
Total funding: $143.9m
This company has top investors
Leadership
Alex Fielding
(Director)Co-founded Wheels of Zeus, and served as CTO first there, then at Power Assure. Moved into a VP role at Vigilant, before becoming adn Advisor at Piston Cloud Computing and Astra. Also worked as a NASA contractor, and is currently also CEO at Privateer Space.
Kevin Hall
(CTO)Previously a Robotics Engineer at Synbiotics, then an Applications Engineer at Adept Technology. Alongside work at Ripcord, is also a Robotics Consultant Source Robotics.