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Ripple Labs

About Ripple Labs

Ripple Labs is a technology company that focuses on enabling real-time cross-border payments and providing blockchain-based solutions for financial institutions. The company is known for its digital payment protocol and the cryptocurrency XRP, which facilitates transactions on its network.

Business Information
Target Customers
financial institutions banks payment providers
Industry Categories
Blockchain/Web3
Business Model
Revenue Model Transaction fees and software licensing
Pricing Strategy Usage-based pricing
Sales Channels direct sales, partnerships with financial institutions
Funding Timeline
Round Date Amount Investors
Series A May 01, 2015 $28.0M CME Group, IDG Capital Partners, Seagate Technology +3 more
Founders

No founder information available.

Investors
A
AME Cloud Ventures

Venture Capital

C
CME Group

Corporate

C
China Growth

Venture Capital

I
IDG Capital Partners

Venture Capital

Recent Mentions
humanpraxis
sensemake @humanpraxis
May 20, 2025

@CraigRHolland Yes, CME Group, through its venture arm CME Ventures LLC, participated in Ripple Labs’ Series A funding round in May 2015, which raised $28 million. Other investors included IDG Capital Partners, Seagate Technology, AME Cloud Ventures, ChinaRock Capital Management, China Growth