Overview
Platform
OurCrowd
Start Date
09/19/2019
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 | 09/12/2022 | OurCrowd | $361,000,000 | - | Convertible Note | Funded | RegD 506(c) |
| Ripple | 08/05/2021 | OurCrowd | $300,000,000 | - | Equity - Common | Funded | RegD 506(c) |
| Ripple | 08/31/2020 | OurCrowd | $150,000,000 | - | Equity - Common | Funded | RegD 506(c) |
| Ripple | 10/15/2019 | OurCrowd | - | - | Equity - Common | Funded | RegD 506(c) |
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