[Closed for Investment] 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.
Investment Overview
Deal Terms
- Platform
- OurCrowd
- Start Date
- 09/19/2019
- Close Date
- 10/15/2019
$10,000
$11,090,000
$10,000
Equity - Common
RegD 506(c)
Company & Team
Company
- Year Founded
- 2015
- Industry
- Food, Beverage, & Restaurants
- Tech Sector
- Location
- Emeryville, California
- Company Website
-
Visit Website
Team
Financials
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 09/12/2022 | OurCrowd | $361,000,000 | - | Convertible Note | Funded | RegD 506(c) |
| 08/05/2021 | OurCrowd | $300,000,000 | - | Equity - Common | Funded | RegD 506(c) |
| 08/31/2020 | OurCrowd | $150,000,000 | - | Equity - Common | Funded | RegD 506(c) |
| 10/15/2019 | OurCrowd | - | - | Equity - Common | Funded | RegD 506(c) |
Growth Charts
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.