Toronto · Pre-Seed–Seed · 13 people tracked
Also known as RIPPLE MANAGER INC. · Ripple Ventures (OnCall) · Ripple Ventures (Rose Rocket) · Ripple Ventures (Tread) · Ripple Ventures (Wisedocs) · Ripple Ventures Special
Investment thesis
Ripple Ventures backs founders at the inception stage — which may be pre-incorporation, pre-product, or pre-traction — who possess rare earned insight or deep technical ability to build things others cannot. The firm favors curious, high-velocity founders creating technology that reshapes industries and accelerates science. It partners early, makes fast high-conviction decisions, and keeps concentrated portfolios so each outcome matters. Support includes introductions to customers, key talent, and downstream funds. It typically leads or co-leads rounds but can also join as a supportive partner, investing in Canadian and US startups that sell into global markets.
Source: firm website, verified Aug 25, 2026.
Team · 13 people
from the firm's website & public directoriesFounder mafia
5 people who came through Ripple Ventures went on to found or lead other companies.
What they invest in
from 18 of 20 portfolio companiesAI & Machine Learning ×14SaaS ×9Enterprise Software ×4Healthtech ×4Biotech ×3Cybersecurity ×3Deep Tech ×3Fintech ×3
HQs:United States×6Canada×4
Who they back
founder profiles across 7 portfolio companiesAccelerator rootsportfolio companies that came through a program
Investments · 20 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 12024 · 22020 · 15 dated
Infrastack is a company backed by founders, operators, and investors; the page provides only backing information and does not describe a specific product or service.
AI & Machine LearningData & InfrastructureDeveloper ToolsSector AgnosticMill Valley, US
Aykut Gedik(Executive Officer, Director)
Co-investorsBowery Capital
Qualifacts provides AI-powered electronic health record (EHR) software, data tools, and interoperability services for behavioral health agencies, both non-profit and for-profit.
AI & Machine LearningDigital HealthHealthtechMental HealthSaaSToronto, US
Nicholas Chepesiuk(Executive Officer, Director)Chris Zeoli(Director)Olanrewaju Soremekun(Executive Officer, Director, Promoter)Christopher Dobyns(Executive Officer, Director, Promoter)
BoardMatt Cohen(Director)in
Board seatRyan Freeman· per SEC Form D
Co-investorsClanton CapitalFlare Capital StrategiesMaple Leaf AngelsPanache VenturesStout Street Capital
Asset provides embedded accounting and bookkeeping infrastructure that fintech platforms can offer to their micro-SMB customers, including done-for-you and AI-assisted DIY bookkeeping that produces tax-ready financial statements.
AI & Machine LearningFintechSaaS
Co-investorsMotley Fool VenturesTorch CapitalSC Ventures
Blackletter is a law firm that combines technology with attorneys to handle legal work for startups, including fundraising (SAFEs, convertible notes, priced rounds), employment agreements, commercial contracts, and corporate governance matters.
LegalTech
Blank Bio develops RNA foundation models for precision oncology, helping pharmaceutical companies identify the right patients for clinical trials and predict disease progression using bulk RNA-seq data.
AI & Machine LearningBiotechHealthtechSan Francisco, US
Jonny Hsu(Founder)inPhilip Fradkin(Founder)inIan Shi(Founder)in
Co-investorsIA Seed VenturesLeonis CapitalSignalFireY CombinatorBoxOne Ventures
Canonical builds decision infrastructure that enriches existing risk engines with real-world context and uses AI to turn that context into explainable fraud and risk rules.
AI & Machine LearningCybersecurityFintechSan Francisco, US
Tahin Monzoor(Co-founder)Misha(Co-founder)Mykhailo I(Founder)
Cybeats provides an SBOM (Software Bill of Materials) management platform, with SBOM Studio for software producers to store, enrich, monitor, and share SBOMs across the product lifecycle, and SBOM Consumer for teams receiving software from vendors.
CybersecurityEnterprise SoftwareSaaS
Dmitry Raidman(CTO & Co-founder)Justin Legerin
Co-investorsScaleX VenturesInovia Capital
An AI security and trust platform securing live voice and video calls with real-time context analysis, deepfake detection, and social engineering response automation.
San Francisco, US
Aman Ibrahim(Founder)
Co-investorsResponsibly VenturesYAR VenturesEssence Venture Capital
Co-investorsAmerica's Frontier FundDeep Checks
Hyper provides AI-generated meeting summaries that turn long discussions into concise recaps highlighting key decisions and open questions, including AI transcription of calls.
AI & Machine LearningFuture of WorkSaaS
Co-investorsVermilion Cliffs VenturesEniac VenturesGreatPoint VenturesK5 GlobalTusk Venture PartnersVSC Ventures
NetNow provides a credit application and management platform that automates B2B credit operations, including onboarding, trade and bank reference collection, and tax compliance, giving credit teams real-time data for faster credit decisions.
AI & Machine LearningEnterprise SoftwareFintechSaaSToronto, CA
Nauman HafeezEli Costea(Founder)inSoroush Arghavan
Co-investorsCentre Street PartnersAntlerMotivate Venture Capital
Nicoya develops instruments and platforms for protein interaction and dynamics analysis, including SPR (Revo, OpenSPR, Alto), millisecond HDX-MS (FastHDX), and circular dichroism systems for measuring binding, kinetics, structure, and stability.
BiotechDeep TechHardware
Co-investorsGarage CapitalGraphite VenturesInnovative Solutions CanadaWhitecap Venture PartnersMaple Leaf Angels
Rose Rocket provides software that enables transportation and trucking companies to conduct logistics operations through digital tools rather than traditional phone and email communication.
Enterprise SoftwareLogistics & Supply ChainToronto, CA
Alexander Luksidadi(Founder/CTO)in
Co-investorsFundersClubShine CapitalY CombinatorScale Venture PartnersScaleUP Ventures
Scalestack is an AI-driven platform that connects a company's go-to-market stack—CRM, data enrichment, and marketing automation tools such as Salesforce, HubSpot, Marketo, ZoomInfo, and Apollo—so data syncs cleanly and workflows run automatically.
AI & Machine LearningSaaSSales TechMiami, US
Aurelio Narciso(Executive Officer, Director)Elio Narciso(Founder)Alessandro Solomon Alter(Executive Officer, Director)
Co-investorsCriteria Venture TechFlyer One VenturesGeek VenturesLeonis CapitalSentiero VenturesExor Ventures+2 more
Transformer Lab is an open source platform for machine learning researchers to request local or cloud compute nodes, submit ML tasks, and track experiments and job artifacts in one place.
AI & Machine LearningData & InfrastructureDeep TechDeveloper Tools
Co-investorsHAWKTAIL
Voiceflow provides a platform for building AI agents that handle customer interactions, starting with customer support.
AI & Machine LearningEnterprise SoftwareSaaS
Braden Ream(Founder)inAndrew Lawrence(Founder)inMichael Hood(Founder)in
Co-investorsAbstract VenturesFelicis VenturesGood News VenturesJetstreamMaC Venture CapitalOpenView Venture Partners+4 more
Wisedocs is an AI-powered platform that automates the processing of medical records and insurance claims documentation, combining machine learning with human expert review.
AI & Machine LearningHealthtechInsurTechLegalTechToronto, CA
Connor Atchison(President & Co-Founder)inJenna Earnshaw(CEO & Co-Founder)
Co-investorsGreenSky VenturesManchesterStory Group, LLCThomson Reuters VenturesBluesky Equities Ltd.HaloHealthInformation Venture Partners
Zeroshot bio builds biology foundation models and AI pipelines that translate zebrafish drug-exposure data, combined with high-throughput single-cell RNA sequencing, into human pre-clinical insights.
AI & Machine LearningBiotechDeep Tech
Co-investorsPanache Ventures
Exits · 1
IPOs and acquisitions across the tracked portfolioOnCall Healthacq. by Qualifacts
Portfolio news
latest coverage across their companiesCanonical · theregister.com · Aug 24, 2026
Asset · thinkadvisor.com · Aug 20, 2026
Blank Bio · finsmes.com · May 20, 2026
Wisedocs · claimsjournal.com · Mar 24, 2026
Transformer Lab · betakit.com · Feb 2, 2026
Hyper · techcrunch.com · Jul 21, 2025
Frequently asked questions
- How many investments has Ripple Ventures made?
- Ripple Ventures has 15 tracked investments, 1 of which have exited via acquisition or IPO, including 1 dated in the last 24 months.
- What stage does Ripple Ventures invest at?
- Ripple Ventures invests at the Pre-Seed, Seed stages.
- What is Ripple Ventures's typical check size?
- Ripple Ventures typically writes checks of $250K – $1M.
- What sectors does Ripple Ventures focus on?
- Ripple Ventures focuses on AgTech, AI & Machine Learning, Biotech, Cleantech, Cybersecurity, Deep Tech, Developer Tools, Digital Health, Enterprise Software, Fintech, Healthtech, LegalTech, Logistics & Supply Chain, New Materials, SaaS, Sales Tech.
- Where is Ripple Ventures located?
- Ripple Ventures is headquartered in Toronto, CA.
- Does Ripple Ventures lead rounds?
- Yes, Ripple Ventures leads investment rounds.
- Who does Ripple Ventures co-invest with?
- Ripple Ventures most often shares deals with Leonis Capital, Y Combinator, Felicis Ventures, among 27 tracked co-investors.
Media · Podcasts & interviews
featuring the teamChallenges of an Investor | Matt Cohen | Ripple Ventures
The Brand Called You · Matt Cohen
Talk to Your Customers | Dominic Lau | Ripple Ventures
The Brand Called You · Dominic Lau
#opnaskanangel - Matt Cohen - Founder & Managing Partner - Ripple Ventures
Open People Network · Matt Cohen
#82 - Matt Cohen, Founder & Managing Partner of Ripple Ventures. Equity Trading on Wall Street to...
Daniel Lee · Matt Cohen
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