Ripple

Ripple

Early Stage

Plant-based milk

Overview

Funding data not publicly available
Platform

OurCrowd

Start Date

09/18/2019

Close Date

10/15/2019

Min. Goal
$10,000
Max. Goal
$11,090,000
Min. Investment

$10,000

Security Type

Equity - Common

SEC Filing Type

RegD 506(c)

Year Founded

2015

Industry

Food, Beverage, & Restaurants

Tech Sector

Foodtech

Location

Emeryville, California

Ripple is raising funds on OurCrowd through Reg D 506(c) raise. The company uses food technology to make plant-based alternatives to milk. The alternative milk of Ripple has more protein, and less fat and sugar compared to other plant-based substitutes and has nutrition and taste comparable to real cow’s milk. Ripple products are also a good source of Vitamin D, calcium, and DHA Omega-3s. Neil Renninger and Adam Lowry founded Ripple in 2015. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $11,090,000. The campaign proceeds will be used for growth and expansion.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Ripple 09/11/2022 OurCrowd $361,000,000 - Convertible Note Funded RegD 506(c)
Ripple 08/04/2021 OurCrowd $300,000,000 - Equity - Common Funded RegD 506(c)
Ripple 08/30/2020 OurCrowd $150,000,000 - Equity - Common Funded RegD 506(c)
Ripple 10/14/2019 OurCrowd - - Equity - Common Funded RegD 506(c)
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

Funding data not publicly available

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Ripple on OurCrowd 2019
Platform: OurCrowd
Security Type: Equity - Common

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