Fundraising Fox

Ripple Ventures

Venture capitaloperating company · company profile

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

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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.

Stage
Pre-Seed–Seed
Check
$250K – $1M
HQ
Toronto, ON, CA
Leads rounds
Leads
Instruments
Equity
Founded
2017
Last 12 months
1 investment
AUM
$25M
VC funds
5
Tracked investments
20

Team · 13 people

from the firm's website & public directories

Founder 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 companies

AI & 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 companies

Accelerator rootsportfolio companies that came through a program

Y Combinator ×2

Investments · 20 tracked

founders shown can be your intro path

By year:2026 · 12025 · 12024 · 22020 · 15 dated

Infrastackinfrastack.aiJul 2024✓ verified

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

OnCall Healthoncallhealth.comin𝕏Aug 2020acquired by Qualifacts

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

Assetgetasset.comin

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

Blackletterblackletterfirm.comin

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 Bioblank.bioin𝕏

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

Canonicalgocanonical.com

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)

Cybeatscybeats.comin𝕏

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

DeepTrustdeeptrust.ai

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

Green Abundancegreenabundance.com

Co-investorsAmerica's Frontier FundDeep Checks

Harmonizeharmonize.ioin𝕏

Drata provides a GRC platform that uses autonomous AI agents to automate compliance, manage internal and third-party risk, and continuously monitor and prove an organization's security posture.

AI & Machine LearningCybersecuritySaaS

Hyperhyper.videoJul 2025 · $6.3M

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

NetNownetnow.ioin

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

Nicoyanicoyalife.comin𝕏

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 Rocketroserocket.comin𝕏

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

Scalestackscalestack.aiin𝕏Apr 2026 · $1M

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)

BoardJay Zhao(Director)in

Co-investorsCriteria Venture TechFlyer One VenturesGeek VenturesLeonis CapitalSentiero VenturesExor Ventures+2 more

Transformer Lablab.cloud

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 Blackvoiceflow.comin𝕏

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

Waivewaivemedical.comin

Waive (WaiveTheWait) provides an Automated Task Manager that integrates with clinics' EMR systems to handle routine administrative tasks such as booking follow-ups and scheduling preventative care appointments.

AI & Machine LearningDigital HealthHealthtechSaaS

Wisedocswisedocs.aiin𝕏Jan 2024

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 Biolabszeroshot.bio

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 portfolio

OnCall Healthacq. by Qualifacts

Portfolio news

latest coverage across their companies

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 team

Challenges 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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