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AI

Investing in More Than Just Robots

Today we announced our Series B funding round of $40M led by Icon Ventures with participation from Kleiner Perkins, Lux Capital, and Silicon Valley Bank. Since Ripcord launched in March, some of the world’s largest companies have been requesting our services for digitizing their records. Now we have the funds to meet their demand by expanding our fleet of robots, further developing our ‘Ripcord Canopy’ software, and growing our team by over 100 new employees in 2017. We are also pleased to welcome Icon Ventures General Partner Jeb Miller to the Ripcord Board of Directors. The next year will be exciting and challenging and we have no doubt that Jeb’s expertise will be a major asset in navigating our endeavors.

 

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