Ripple
About this raise: Ripple, with a valuation of $361 million, is raising funds on OurCrowd through Reg D 506(c) raise. The food company produces a plant-based milk alternative for drinking and making soft serve ice cream. The milk alternative of Ripple has similar taste and nutrition as real cow’s milk and has more protein, less sugar, and less fat than other plant-based substitutes. Ripple products are based on yellow peas and are also a good source of Omega-3. Adam Lowry and Neil Renninger founded Ripple in 2014. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $5,560,000. The campaign proceeds will be used for growth and expansion.
Investment Overview
Deal Terms
- Platform
- OurCrowd
- Start Date
- 08/01/2022
- Close Date
- 09/12/2022
$10,000
$5,560,000
$10,000
Convertible Note
RegD 506(c)
$361,000,000
0%
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.