Rippleshot
Chicago, US · Founded 2014 · 7 known investors
Find your way into Rippleshot
195 people in our graph share verified history with the Rippleshot team — schools, employers, funds. One of them is your warm intro.
Sam Blackmanunlockedknows Randal Cox · together at University of Illinois Chicago (overlapped)
×6knows the team · via University of Wisconsin-Madison
knows the team · via The University of Chicago
×4knows the team · via University of Illinois Chicago
Rippleshot offers a cloud-based (SaaS) platform that uses machine learning and predictive analytics to help financial institutions detect card fraud, identify merchant data breaches, and manage fraud risk proactively. It serves banks of all sizes, from small banks to large institutions.
Founders & leadership
Rippleshot was founded in 2014 by Canh Tran, Randal Cox, and Yueyu Fu.
CT
RC
Randal CoxinCo-founder · Chief ScientistRandal Cox has over a decade of experience in credit card fraud modeling and detection. He previously published research in bioinformatics, including work on genome assembly and phylogenetic analysis, before co-founding Rippleshot.
Board
LC
CC
Investors · 7
Reported raises · per SEC filings
Form D private placements$4.3M disclosed across 2 rounds · 2016–2018
▶$1.5MraisedAug 2018 · 9 investors · Other TechnologyRule 506(b)
▶$1.5MraisedAug 2018 · 9 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Canh TranExecutive Officer, Director, Promoter
- Jeffrey T. LisendahlDirector
- Yueyu FuExecutive Officer, Promoter
- Lon ChowDirector
- Randal CoxDirector, Promoter
- Christopher CappsDirector
- Offering amount
- $1.5M
- Amount sold
- $1.5M
- Minimum investment
- $25K
- First sale
- Aug 2018
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
▶$2.8MraisedFeb 2017 · 22 investors · Other TechnologyRule 506(b)
▶$2.8MraisedFeb 2017 · 22 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Canh TranExecutive Officer, Director, Promoter
- Randal CoxDirector, Promoter
- Lon ChowDirector
- Christopher CappsDirector
- Yueyu FuExecutive Officer, Director, Promoter
- Offering amount
- $4M
- Amount sold
- $2.8M
- First sale
- Jul 2016
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through Rippleshot went on to found or lead other companies.
Competitors · 8
by search overlapExperian51 shared keywordsExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.
Stripe51 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
SEON29 shared keywordsSEON provides a fraud prevention and AML decision-making platform that uses real-time first-party data signals and an AI rules engine to detect fraud and automate compliance across the customer journey. It serves businesses in fintech, payments, eCommerce, and iGaming.
Unit 2125 shared keywordsUnit21 provides an AI-powered fraud prevention and AML compliance platform that automates financial crime detection, investigations, and regulatory filing across the full lifecycle. The platform serves fintechs and financial institutions globally with configurable AI agents that reduce false positives and accelerate case resolution while maintaining regulatory defensibility.
Chase24 shared keywordsA wealth management and investing service (J.P. Morgan Wealth Management via Chase) offering self-directed brokerage accounts with commission-free online trades as well as one-on-one advisor services, financial planning tools, and retirement accounts. It serves individual retail investors ranging from beginners to experienced investors in the United States.
Netezza23 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
moelis22 shared keywordsMastercard operates a global payments network that processes transactions between cardholders, merchants, financial institutions, and other participants, while also offering additional payment products and services subject to extensive regulatory oversight across multiple jurisdictions.
Visa® Spend Clarity for Enterprise20 shared keywordsVisa operates a global payments network enabling digital and card-based transactions for consumers and businesses across multiple sectors and geographies.
Companies competing with Rippleshot for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Rippleshot do?
- Rippleshot offers a cloud-based (SaaS) platform that uses machine learning and predictive analytics to help financial institutions detect card fraud, identify merchant data breaches, and manage fraud risk proactively. It serves banks of all sizes, from small banks to large institutions.
- Who founded Rippleshot?
- Rippleshot was founded by Canh Tran, Randal Cox, Yueyu Fu in 2014.
- Who are Rippleshot's investors?
- Rippleshot's investors include Baleon Capital, IU Ventures, Method Capital, Service Provider Capital, TruStage Ventures, KGC Capital, SixThirty Ventures.
- How much funding has Rippleshot raised?
- Rippleshot has disclosed $4.3M raised across 2 rounds.
- Where is Rippleshot headquartered?
- Rippleshot is headquartered in Chicago, US.