The Ripple Mafia
Ripple, founded as RipplePay in 2004 by Ryan Fugger and reimagined by Jed McCaleb and Chris Larsen in 2012, revolutionizes global payments with blockchain technology. Renamed Ripple in 2015, the company launched XRP and RippleNet, enabling fast, low-cost international transactions. Its XRP Ledger (XRPL) powers token transfers, while On-Demand Liquidity (ODL) reduces reliance on pre-funded accounts.
Ripple’s energy-efficient consensus mechanism and partnerships with hundreds of financial institutions highlight its industry impact. Despite regulatory challenges, Ripple drives innovation, expanding into decentralized finance and stablecoins. With a culture of innovation, Ripple empowers the financial sector to embrace blockchain for seamless global payments.
The Ripple Mafia
The Ripple Mafia has founded 19 companies and raised $1B.
PS: Are you a Ripple Mafia member interested in bringing your community together to invest in innovative ventures (and enjoy potential profits and other perks along the way)? Or perhaps you're part of another dynamic group that could be a fantastic source of startup investments?
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List of all the amazing companies covered:
Xendit
Founder: Bo Chen
Ripple Role: Software Engineer
Capital Raised: $534.7M
Investors: Tiger Global Management
Stage: Series D
Xendit is a financial technology company that provides payment solutions to businesses in Southeast Asia, including Indonesia, the Philippines, Malaysia, Thailand, and Vietnam.
Coil
Founder: Stefan Thomas
Ripple Role: CTO
Capital Raised: $269M
Investors: Ripple
Stage: Grant
Coil is a web monetization platform that enables content creators to earn revenue through micropayments from users who consume their content.
RippleWorks
Founder: Doug Galen
Ripple Role: Board of Advisors
Capital Raised: $60M
Investors:
Stage: Private Equity
Rippleworks is a nonprofit organization that partners with social ventures to help them scale and improve lives globally.
SKUx
Founder: Moshe Joshua
Ripple Role: Consultant
Capital Raised: $22.5M
Investors: Advection Growth Capital
Stage: Series A
SKUx is a fintech company that provides a platform for secure, instant digital payments, enabling businesses to deliver trackable incentives, rewards, and refunds directly to consumers' mobile devices.
Rift Finance
Founder: Austin King
Ripple Role: Software Engineer
Capital Raised: $18M
Investors: Two Sigma Ventures
Stage: Venture - Series Unknown
Rift Finance is a decentralized market-making platform that assists crypto companies in achieving their token liquidity goals while offering attractive and safer returns for liquidity providers.
Omni Network
Founder: Austin King
Ripple Role: Software Engineer
Capital Raised: $18M
Investors: Pantera Capital
Stage: Venture - Series Unknown
Omni Network is a blockchain platform designed to unify Ethereum rollups, enabling developers to access users and liquidity across all rollups without smart contract upgrades.
Verrency
Founder: David Link
Ripple Role: Member, Global Advisory Board
Capital Raised: $14.6M
Investors: Alium Capital
Stage: Series A
Verrency is a fintech company that provides a payments platform enabling banks and card issuers to rapidly implement innovative payment features and services without overhauling their existing infrastructure.
Panther Protocol
Founder: Anish Mohammed
Ripple Role: Board of Advisors
Capital Raised: $11.3M
Investors: ZBS CAPITAL
Stage: Venture - Series Unknown
Panther Protocol is a decentralized, privacy-enhancing layer for decentralized finance (DeFi) that meets regulatory requirements.
BlueQubit
Founder: Hayk Tepanyan
Ripple Role: Software Engineering Intern
Capital Raised: $10M
Investors: Nyca Partners
Stage: Seed
BlueQubit is a quantum computing company that offers a Quantum Software as a Service (QSaaS) platform, enabling enterprises, defense, and academic institutions to implement gate-based quantum algorithms on their preferred hardware.
Skyfire Systems
Founder: Amir Sarhangi, Craig DeWitt
Ripple Role: VP of Product and Services
Capital Raised: $9M
Investors: Coinbase Ventures
Stage: Seed
Skyfire Systems enables AI agents to autonomously make and receive payments, providing a financial infrastructure for the AI economy.
Apto Payments
Founder: Greg Kidd
Ripple Role: Chief Risk Officer
Capital Raised: $7.8M
Investors: Y Combinator
Stage: Venture - Series Unknown
Apto Payments is a fintech company that provides a developer-friendly card issuance platform, enabling businesses to quickly launch customized physical and virtual card programs.
Teleskope
Founder: Julie Trias
Ripple Role: Site Reliability Engineer
Capital Raised: $7.2M
Investors: Lerer Hippeau
Stage: Seed
Teleskope offers platforms for managing Employee Resource Groups (ERGs), mentoring programs, and internal communications to enhance employee engagement and inclusion.
Supermojo
Founder: Amir Sarhangi, Craig DeWitt
Ripple Role: VP of Product and Services, Senior Director of Product
Capital Raised: $6M
Investors: FJ Labs
Stage: Seed
Supermojo is an NFT checkout and custody platform designed to make digital assets more accessible for users.
Stems Labs
Founder: Andros Wong
Ripple Role: Software Engineering Intern
Capital Raised: $4M
Investors: Village Global
Stage: Pre-Seed
Stems Labs is a social music application that enables users to easily remix and share content using custom AI models.
Yoz Labs
Founder: Ethan Beard
Ripple Role: Senior Vice President, Xpring
Capital Raised: $3.5M
Investors: Coinbase Ventures
Stage: Seed
Yoz Labs develops Web3 notification services to enhance user and developer experiences in decentralized applications.
Stellar Development Foundation
Founder: Jed McCaleb
Ripple Role: Founder
Capital Raised: $3M
Investors: Stripe
Stage: Seed
The Stellar Development Foundation is a nonprofit organization dedicated to creating equitable access to the global financial system through blockchain technology.
Wirestock
Founder: Hovhannes Kuloghlyan
Ripple Role: Independent Contractor
Capital Raised: $2.3M
Investors: Formula VC
Stage: Seed
Wirestock is a platform that enables creators to monetize their visual content, including photos, videos, illustrations, and AI-generated art, by distributing it to major marketplaces through a single account.
Layers Education
Founder: Ivan Seidel
Ripple Role: Software Engineer Internship
Capital Raised: $2M
Investors: Endurance Companies
Stage: Seed
Layers Education offers a digital platform that consolidates all school applications into a single agenda, streamlining communication and organization for parents, students, and teachers.
Notus
Founder: Tyler Storm
Ripple Role: Senior Software Engineer
Capital Raised: $1.3M
Investors: Seven Seven Six
Stage: Seed
Notus.AI utilizes generative AI to forecast weather and its demand impact, enabling businesses to proactively respond to weather-related effects.
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