Fundraising Fox

Riptide Autonomous Solutions

Pembroke, US · Founded 2015 · Delaware LLC

Founders & leadership

Riptide Autonomous Solutions was founded in 2015 by Jeffrey Smith.

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Jeffrey SmithManager and equity holder of Issuer

Reported raises · per SEC filings

Form D private placements

$1.1M disclosed across 2 rounds · 2015–2018

$771.7KraisedJun 2018 · 3 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Jeffrey SmithExecutive Officer, Promoter
Offering amount
$771.7K
Amount sold
$771.7K
Minimum investment
$21.7K
First sale
Jan 2018
Incorporated
Limited Liability Company, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$333.3KraisedAug 2015 · 1 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Jeffrey SmithExecutive Officer, Promoter
Offering amount
$1.3M
Amount sold
$333.3K
Minimum investment
$333.3K
First sale
Aug 2015
Incorporated
Limited Liability Company, Delaware, 2015
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Non-dilutive funding · 3 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. NavyNavyPhase I2018$124.7K
National Oceanic and Atmospheric Administration (NOAA)National Oceanic and Atmospheric AdministrationPhase I2018$119.7K
Defense Advanced Research Projects Agency (DARPA)Defense Advanced Research Projects AgencyPhase II2017$1.5M

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Frequently asked questions

Who founded Riptide Autonomous Solutions?
Riptide Autonomous Solutions was founded by Jeffrey Smith in 2015.
How much funding has Riptide Autonomous Solutions raised?
Riptide Autonomous Solutions has disclosed $1.1M raised across 2 rounds.
Where is Riptide Autonomous Solutions headquartered?
Riptide Autonomous Solutions is headquartered in Pembroke, US.