Ripple Ventures is a pre-seed B2B software specialist that provides deep support to enterprise founders at the pre-seed stage, helping them go from idea to market and avoid the 'valley of death'. The company was founded in 2018 by Matt Cohen, who recognized the need for more than just capital in the early-stage ecosystem.

Matt Cohen

Ripple Ventures

Tank Talks

Ripple Ventures is an early-stage venture fund seeking investments in B2B SaaS Startups located in Canada & the U.S. We are always seeking new investments in various industries ripe for disruption with a focus on workflow automation and data & analytics platforms.

As serial entrepreneurs, we are actively involved with all our investments and aren't scared to roll up our sleeves and get dirty. We provide ongoing advice and support to all our portfolio companies, in addition to helping them leverage our broad business networks.

We support entrepreneurs who seek to revolutionize the most competitive global industries by solving difficult problems with the most unique solutions. Our industry focuses include: enterprise software, healthcare technology, and industrial technology.

Cybeats Technologies

OnCall Health

Plannuh

Ripple Ventures is excited to announce that we have received a $7.5M investment from VCCI’s Inclusive Growth Stream for our Fund III, alongside RBCx as a second anchor. This funding is part of a larger $50M initiative aimed at enhancing VC access for underrepresented Canadian entrepreneurs and diverse fund managers.

This investment doesn’t just fuel our funds; it fuels our fervor to foster a more inclusive VC ecosystem. It enables us to bolster our core portfolio of undervalued founders and expand the RippleX Fellowship program, online courses, and Fellow Fund. Together with the Canadian government, we're on a mission to broaden the educational horizon on building venture-backable startups and forging a VC career, right from the university and college campuses across the nation.

The impact that we've seen from our programming to date:
- Helped underrepresented founders raise over $60M in VC funding
- Assisted 75+ underrepresented students in securing VC roles post-program
- 2,000+ students across 30 countries in our online course
- Built a robust alumni network of 300+ individuals through 15 cohorts of our flagship program
- Hired amazing team members through our analyst and internship program

A huge shoutout to Nazuk Thakkar, Katie Ko, Lydia Estreed and CC Song on our team for their hard work in ensuring that this program continues to provide value to the underserved ecosystem. 

Read more here: https://lnkd.in/gaqikNnh

🌟 Exciting News to start off 2024 🌟

We are thrilled to share that Dominic Lau has been honored in the Venture Capital Journals 2024 Rising Stars list! Dominic’s exceptional work in democratizing access to VC knowledge through our RippleX Fellowship program is truly inspirational. His efforts have not only nurtured a diverse and talented cohort of future leaders but also significantly impacted the venture ecosystem.

Congratulations, Dominic, on this well-deserved recognition! Your dedication and vision continue to make waves in the industry. 🚀

Here’s to more groundbreaking achievements!

Read more about Dominic’s achievement and the Rising Stars list here - https://lnkd.in/gvgrbJag

#VentureCapital #RisingStars #Innovation #Leadership #makingwaves #therippleeffect

This past weekend I had the pleasure of hosting a Ripple Ventures event on Princeton’s campus in collaboration with Princeton Entrepreneurship Club and Prospect Student Ventures. Attendees had a chance to learn about RippleX Fellowship and Fellowship Fund opportunities, as well as play a pitch game where they were given half an hour to create and present a startup tackling the problem of procrastination on campus. Thank you to Ripple for sponsoring the event, the leadership teams of E-Club and PSV for volunteering your time and startup judging abilities, and all who attended the event!

And that’s a wrap for Ripple Ventures Holiday Party 2023! 🎄 

We'd like to extend our heartfelt appreciation to all our guests who graced us with their presence at our year-end gathering. From founders, funders to seasoned operators, the evening was an electrifying experience for celebration and connection, and we were delighted to host a gathering that epitomized both.

Check out some snapshots from the evening below! 📸 

This could not have been possible without our amazing co-hosts, RBCx (Sarah Romanuck, Filip Stoj, Brad Danks, Arron Lin, David Eboh), Fasken (Kate Grant, Will Shaw, Chris Dittrich, Marc Shewchun), and Canterbury Consulting (Stuart Blair, Nolan Wood, CFA). Their support has been instrumental in our planning process, and we are excited that they also share our vision of fostering the Canadian startup ecosystem.

We greatly value the strong relationships we've built with our partners and friends throughout the year, and this holiday event underscores our anticipation of a future filled with continued growth and collaboration.

Cheers to another great year, and an even better one coming! 🥂

Cc: Matt Cohen Dominic Lau Nazuk Thakkar Katie Ko Lydia Estreed

I'm very excited to reveal what our team has been building since last year:

Introducing Harmonize!

Having worked in various IT roles throughout my entire career, it's baffling how many processes relating to employee access, identity governance, and device management are still manual. Spreadsheets, ticketing systems, custom scripts, and a wide range of other non purpose-built tools are often cobbled together in an attempt to keep track of, and manage, system access, device inventory, and employee onboardings/offboardngs.

Harmonize was built based on decades of experience in IT, Security, and Compliance to provide a simple, yet powerful, way to automate and manage the entire employee and device lifecycle.

We would not have been able to build a great product without a great team. Congrats to Johnny Kinder, Thomas Hanley, Keith Wood, Dale Ribeiro, James Reed, Katrina Chang, Jonathan Novaretti, and Joaquín Hernández.

Thanks to everyone who has supported us from Day 1! Shruti Van Dyke Gandhi at Array Ventures, Matt Cohen and Dominic Lau at Ripple Ventures, as well as all of our amazing angels, advisors, design partners, and customers.

Read more in the release below and check us out at harmonize.io, but also don't hesitate to reach out to me for more information and a demo!

https://lnkd.in/gvqzKGGp

Exciting News from Ripple Ventures! 🚀

We're thrilled to lead an investment in Scalestack AI (www.scalestack.ai), an AI-driven data platform that integrates seamlessly with CRM systems, providing sales teams with crucial insights and streamlined data management. Led by the 2x Founder Elio N., Scalestack stands out by automating workflows with existing data, tailored to customer needs. It's not just about selling data but enhancing and enriching it through its automation solutions targeting the upper segment of the sales funnel, it significantly enhances the productivity of sales representatives during the critical initial phase – account and prospect targeting!

Scalestack's prowess is further underscored by the renewal of a multi-year deal with MongoDB. This collaboration leverages MongoDB's robust platform for enriched data analysis and management, showcasing Scalestack's capability to handle diverse data sources effectively.

📈 Looking Ahead
With this investment, Scalestack is poised to expand its capabilities and market presence, targeting the rapidly growing AI sales market.

Check the news below:

https://lnkd.in/ebcREm_U

Our Western Founder Get-Together was an absolute blast! 💫 

Katie Ko and David Zou brought together a vibrant group of founders and builders from Western University 💜. Marked by enriching conversations and an opportunity to connect with fellow creatives & innovators, it was inspiring to bring so many passionate individuals under one roof. Special thanks to Mingle by Mr. & Mrs. Bao (Julia Hou) for the beautiful venue & light refreshments! 🥟 

Our excitement is sky-high as we continue to develop the venture ecosystem across campus. We would love to host you at our next one! 
💌  Stay in the loop by dropping your email: https://lnkd.in/eQJR_sU8

cc: Ripple Ventures Matt Cohen Dominic Lau Nazuk Thakkar Lydia Estreed CC Song

🙏 We are excited to launch Ripple Ventures' latest series called Founder Fridays! 

Each month, we'll spotlight a different Ripple founder, giving our community a closer look at the innovators behind our ventures.

On this Remembrance Day, we pay tribute to those who've sacrificed for Canada's freedoms. It's fitting to kick off with our first feature: Canadian Armed Forces | Forces armées canadiennes veteran, Connor Atchison  MHA, Co-Founder & CEO of Wisedocs. 

Join us in celebrating his journey and contributions. 🍁🎖️ #FounderFridays #RippleVentures #RemembranceDay

🚀 Introducing RippleX 2.0: The Founder Fellowship! 🌟

APPLY HERE: https://lnkd.in/g3jWKUhq

🌉 Bridging the Gap for Underrepresented Founders

Since 2019, the RippleX Fellowship has been pivotal in shaping over 500 students into venture-backable entrepreneurs and sought-after venture capitalists. We're thrilled to announce the evolution of our mission with the RippleX 2.0: The Founder Fellowship, exclusively designed to propel underrepresented founders to the forefront of B2B software innovation.

🎯 What's New?
- Custom-curated program and content for B2B founders to move from idea to revenue.
- A chance to earn funding from the Fellow Fund.
- Cohorts run twice a year for 10 companies in each batch.

💡 Expectations for Founders:
- Weekly strategy calls and biweekly modules aligned with business milestones.
- Unwavering support from the Ripple team and a robust network of mentors.
- A culminating demo day for a shot at funding.

🎓 Who Should Apply?
- Student founders, recent grads, or dropouts within the last 3 years.
- Founders from underrepresented backgrounds in North America.
- Building a B2B software company.
- Companies without prior institutional VC funding, incorporated in North America, and focused on B2B software solutions.

📅 Application Timeline:
Open: November 10th
Deadline: November 30th
Interviews begin: December 4th, concluding with batch selections by December 18th.

Read more about the new program here: https://lnkd.in/gbGU2EWJ

Metric
Company Name	Ripple Ventures
Symbol
MSH ID	COM:RIPPLEVENTURES
Market	PRIVATE
Sector	Financial Services & Finance
Industry	Venture Capital
Country	CA
Stage
Employee Count	21
Website	rippleventures.com
LinkedIn	rippleventures
Founders

Metric
Market Cap
Enterprise Value
Monthly Web Traffic	1.71K
Web Traffic Growth	-0.73
Valuation
Raised Capital

Metric
Revenue
Revenue (LTM)
Revenue (NTM)
Gross Profit
EBITDA
Operating Income
Net Income
EPS
Diluted EPS
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin
Operating Profit Margin
EBITDA Margin
Net Profit Margin
Return on Equity
Return on Assets
Return on Capital Employed

COM:RIPPLEVENTURES

Ripple Ventures

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio
P/B Ratio
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio
EV Multiple

Metric
Days Sales Outstanding
Days Payables Outstanding
Days Inventory Outstanding
Operating Cycle
Cash Conversion Cycle
Asset Turnover

Metric
Operating Cash Flow
Free Cash Flow
Cash Flow to Debt
Operating Cash Flow/Sales
Free Cash Flow Yield

Metric
Cash & Equivalents
Accounts Receivable
Inventory
Goodwill
Debt to Capitalization
Debt to Assets
Current Ratio
Quick Ratio

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue
SG&A to Revenue