Ripcord Raises $9.5M in Series A Funding

Ripcord, a Hayward, CA-based robotic digitization company, raised $9.5M in Series A funding.

The round was led by Kleiner Perkins Caufield & Byers with participation from Lux Capital, Legend Star and Apple co-founder Steve Wozniak.

The company, which has raised $9.5m to date, will use the funds to expand operations.

Led by co-founder and CEO Alex Fielding, Ripcord is advancing robots that scan, index and categorize paper records, making them searchable on the cloud and integrated into existing enterprise systems.
Its digitization solution includes scanning, natural language search technology, records certification tools, and cloud access via a secure platform. Once records are uploaded via Ripcord, users can share and connect records to other enterprise applications like SAP, Oracle, and NetSuite.



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