# Ripple funding: rounds and investors > Ripple has raised $596M across 8 rounds since 2012. Investors include Andreessen Horowitz, Lightspeed Venture Partners and IDG Capital. Source: https://millionrounds.com/company/ripple (Millionrounds; every figure on the page links to its filing or article) United States · [Growth startup](https://millionrounds.com/companies) # Who invested in *Ripple* 8 rounds we have observed, with the 32 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Fintech Web3 & Crypto Raised 12 months ago Valuation: $40B, Mar 2026 Follow Ripple and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fripple) Funding summary Updated 5 Nov 2026 **$596M** raised across 8 rounds since 2012, from 12 sources **$500M** Growth - **Latest round:** Growth, $500M Nov 2025 - **Led by:** Fortress Investment and Citadel Securities - **Step-up i:** 9.1× - **Investors:** 32 (2 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2012 2014 2016 2018 2020 2022 2024 **$200K** Seed **$2.5M** Seed **$28M** Series A **$4.0M** Series A **$55M** Series B **$500M** Growth - **First round:** Seed, $200K - **Biggest round:** $500M - **Usual gap between rounds:** 6 months ## The rounds - **Nov 2025** Growth **$500M** *6 new* *4 returning* [Fortress Investment](https://millionrounds.com/fund/fortress-investment-group) Lead [Citadel Securities](https://millionrounds.com/fund/citadel-securities) Lead [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [IDG Capital](https://millionrounds.com/fund/idg-capital) [SBI Investment](https://millionrounds.com/fund/sbi-investment) [Pantera Capital](https://millionrounds.com/fund/pantera-capital) [Galaxy Digital](https://millionrounds.com/fund/galaxy-digital) [Brevan Howard](https://millionrounds.com/fund/brevan-howard) [Marshall Wace](https://millionrounds.com/fund/marshall-wace) Reported by Crunchbase News and 4 others SEC filing: $500M sold, first sale Nov 2025 - **Sept 2016** Series B **$55M** *3 new* [Accenture Ventures](https://millionrounds.com/fund/accenture-ventures) [Standard Chartered Ventures](https://millionrounds.com/fund/standard-chartered-ventures) SCB Digital Ventures Reported by FinSMEs SEC filing: $32M sold, first sale Dec 2014 - **Oct 2015** Series A **$4.0M** *1 new* *2 returning* [CME Ventures](https://millionrounds.com/fund/cme-group) [Santander InnoVentures](https://millionrounds.com/fund/santander-innoventures) [SEAGATE](https://millionrounds.com/fund/seagate) From a historical funding record - **May 2015** Series A **$28M** *9 new* *2 returning* [RRE Ventures](https://millionrounds.com/fund/rre-ventures) [IDG Ventures](https://millionrounds.com/fund/idg-ventures) [AME Cloud Ventures](https://millionrounds.com/fund/ame-cloud-ventures) [Digital Currency Group](https://millionrounds.com/fund/digital-currency-group) [Blockchain Capital](https://millionrounds.com/fund/blockchain-capital) [China Rock Capital](https://millionrounds.com/fund/china-rock-capital) [Route 66 Ventures](https://millionrounds.com/fund/route-66-ventures) [Core Innovation Capital](https://millionrounds.com/fund/core-innovation-capital) [CME Ventures](https://millionrounds.com/fund/cme-group) [SEAGATE](https://millionrounds.com/fund/seagate) [Tusk Ventures](https://millionrounds.com/fund/tusk-ventures) From a historical funding record - **Nov 2013** Seed **$3.5M** *3 new* *1 returning* [IDG Ventures](https://millionrounds.com/fund/idg-ventures) [Venture51](https://millionrounds.com/fund/venture51) [Camp One Ventures](https://millionrounds.com/fund/camp-one-ventures) [Core Innovation Capital](https://millionrounds.com/fund/core-innovation-capital) Reported by finsmes.com - **May 2013** Seed **$3.0M** *4 new* [Google Ventures](https://millionrounds.com/fund/gv) [IDG Capital](https://millionrounds.com/fund/idg-capital) [Pantera Capital](https://millionrounds.com/fund/pantera-capital) [Camp One Ventures](https://millionrounds.com/fund/camp-one-ventures) Reported by finsmes.com - **Apr 2013** Seed **$2.5M** *5 new* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Founders Fund](https://millionrounds.com/fund/founders-fund) [Vast Ventures](https://millionrounds.com/fund/vast-ventures) [Bitcoin Opportunity Fund, LP](https://millionrounds.com/fund/bitcoin-opportunity-fund-lp) Reported by finsmes.com - **Oct 2012** Seed **$200K** *1 new* [Jesse Powell](https://millionrounds.com/fund/jesse-powell) From a historical funding record ## Founders and team From Ripple's own website: 1 founder, 15 on the team. **Chris Larsen** Executive Chairman, Co-Founder - **Brad Garlinghouse** Chief Executive Officer - **Eric Jeck** Senior Vice President, Corporate and Business Development - **Kiersten Hollars** Senior Vice President, Corporate Marketing and Communications - **Mariel Kelley** Senior Vice President, People and Places - **Noel Kimmel** Senior Vice President - **Renaat Ver Eecke** Senior Vice President - **Monica Long** President - **Jon Bilich** Chief Financial Officer - **Stuart Alderoty** Chief Legal Officer, Ripple - **Anja Manuel** Board Member - **David Schwartz** Board Member - **Masashi Okuyama** Board Member - **Ripple Prime** Board of Directors - **Sandie O’Connor** Board Member - **Warren Jenson** Board Member ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2012 **Seed** 2013 **Seed** 2013 **Seed** 2013 **Series A** 2015 **Series A** 2015 **Series B** 2016 **Growth** 2025 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [IDG Capital](https://millionrounds.com/fund/idg-capital) [IDG Ventures](https://millionrounds.com/fund/idg-ventures) [Pantera Capital](https://millionrounds.com/fund/pantera-capital) [Camp One Ventures](https://millionrounds.com/fund/camp-one-ventures) [Core Innovation Capital](https://millionrounds.com/fund/core-innovation-capital) [CME Ventures](https://millionrounds.com/fund/cme-group) [SEAGATE](https://millionrounds.com/fund/seagate) [Fortress Investment](https://millionrounds.com/fund/fortress-investment-group) L ## Everyone who backed them [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **2** rounds [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **2** rounds [IDG Capital](https://millionrounds.com/fund/idg-capital) Private equity **2** rounds [IDG Ventures](https://millionrounds.com/fund/idg-ventures) VC firm **2** rounds [Pantera Capital](https://millionrounds.com/fund/pantera-capital) VC firm **2** rounds [Camp One Ventures](https://millionrounds.com/fund/camp-one-ventures) VC firm **2** rounds [Core Innovation Capital](https://millionrounds.com/fund/core-innovation-capital) VC firm **2** rounds [CME Ventures](https://millionrounds.com/fund/cme-group) Corporate VC **2** rounds [SEAGATE](https://millionrounds.com/fund/seagate) Growth equity **2** rounds [Fortress Investment](https://millionrounds.com/fund/fortress-investment-group) Private equity **1** round, led 1 [Citadel Securities](https://millionrounds.com/fund/citadel-securities) Growth equity **1** round, led 1 [Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **1** round [Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **1** round [RRE Ventures](https://millionrounds.com/fund/rre-ventures) VC firm **1** round [SBI Investment](https://millionrounds.com/fund/sbi-investment) VC firm **1** round [AME Cloud Ventures](https://millionrounds.com/fund/ame-cloud-ventures) VC firm **1** round [Digital Currency Group](https://millionrounds.com/fund/digital-currency-group) VC firm **1** round [Blockchain Capital](https://millionrounds.com/fund/blockchain-capital) VC firm **1** round [Galaxy Digital](https://millionrounds.com/fund/galaxy-digital) Private equity **1** round [Accenture Ventures](https://millionrounds.com/fund/accenture-ventures) Corporate VC **1** round [Venture51](https://millionrounds.com/fund/venture51) VC firm **1** round [China Rock Capital](https://millionrounds.com/fund/china-rock-capital) VC firm **1** round [Route 66 Ventures](https://millionrounds.com/fund/route-66-ventures) VC firm **1** round [Vast Ventures](https://millionrounds.com/fund/vast-ventures) VC firm **1** round [Santander InnoVentures](https://millionrounds.com/fund/santander-innoventures) Growth equity **1** round [Bitcoin Opportunity Fund, LP](https://millionrounds.com/fund/bitcoin-opportunity-fund-lp) Hedge fund **1** round [Brevan Howard](https://millionrounds.com/fund/brevan-howard) Asset manager **1** round [Tusk Ventures](https://millionrounds.com/fund/tusk-ventures) Corporate VC **1** round [Marshall Wace](https://millionrounds.com/fund/marshall-wace) Hedge fund **1** round [Standard Chartered Ventures](https://millionrounds.com/fund/standard-chartered-ventures) VC firm **1** round [Jesse Powell](https://millionrounds.com/fund/jesse-powell) Angel **1** round SCB Digital Ventures no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ripple). ## Also claim to have backed them These 26 firms list Ripple as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Streamlined Ventures](https://millionrounds.com/fund/streamlined-ventures) VC firm Per its own site [Castle Island Ventures](https://millionrounds.com/fund/castle-island-ventures) VC firm Per its own site [Weekend Fund](https://millionrounds.com/fund/weekend-fund) VC firm Per its own site [Middlegame Ventures](https://millionrounds.com/fund/middlegame-ventures) VC firm Per its own site [Mouro Capital](https://millionrounds.com/fund/mouro-capital) VC firm Per its own site [Thirdstream Partners](https://millionrounds.com/fund/thirdstream-partners) VC firm Per its own site [Jayesh Parekh](https://millionrounds.com/fund/jayesh-parekh) Angel Per its own site [SC Ventures](https://millionrounds.com/fund/sc-ventures-by-standard-chartered) Corporate VC Per its own site [NKM Capital](https://millionrounds.com/fund/nkm-capital) VC firm Per its own site [BroadVision](https://millionrounds.com/fund/broadvision) Investment firm Per its own site [28 Ventures](https://millionrounds.com/fund/28-ventures-2) Family office Per its own site [Arctic Ventures](https://millionrounds.com/fund/arctic-ventures-2) VC firm Per its own site [Aurum Venture Partners](https://millionrounds.com/fund/aurum-venture-partners) VC firm Per its own site [CV Labs](https://millionrounds.com/fund/cv-labs) Accelerator Per its own site [Capella Partners](https://millionrounds.com/fund/capella-partners) VC firm Per its own site [Cosmos Network](https://millionrounds.com/fund/cosmos-network) Investment firm Per its own site [Finches, LLC](https://millionrounds.com/fund/finches-llc) Incubator Per its own site [Flagship Fund](https://millionrounds.com/fund/flagship-fund) Family office Per its own site [Ghazan Global](https://millionrounds.com/fund/ghazan-global) Company Per its own site [Hinge Capital](https://millionrounds.com/fund/hinge-capital-formerly-venture51) VC firm Per its own site [Invest in the Clean Energy Gas Station Fund, We call it Last Point of Distribution LPDs.](https://millionrounds.com/fund/invest-in-the-clean-energy-gas-station-fund-we-call-it-last-) VC firm Per its own site [Mainsheet Ventures](https://millionrounds.com/fund/mainsheet-ventures) VC firm Per its own site [NEXYR](https://millionrounds.com/fund/nexyr) VC firm Per its own site [Next 5 Ventures](https://millionrounds.com/fund/next-5-ventures) VC firm Per its own site [The Brkfst Club](https://millionrounds.com/fund/the-brkfst-club) Angel network Per its own site [Vibora Capital](https://millionrounds.com/fund/vibora-capital) Family office Per its own site ## Quick answers about Ripple ### Who invested in Ripple? Ripple's investors include Andreessen Horowitz, Lightspeed Venture Partners, IDG Capital, IDG Ventures and Pantera Capital, and 27 more on record. Fortress Investment led its latest round. ### How much has Ripple raised? Ripple has raised $596M across 8 rounds since 2012. ### When did Ripple last raise? Ripple's most recent round was a Growth of $500M in Nov 2025, led by Fortress Investment. ### What was Ripple's biggest round? Its most recent round, $500M in Nov 2025, is also its largest on record. ### Who backed Ripple first? Ripple's first round on record, in Oct 2012, was backed by Jesse Powell. ### What stage is Ripple at? Ripple's latest named round is a Growth, in Nov 2025. ### Where is Ripple based? Ripple is based in the United States. ### Who led Ripple's rounds? Fortress Investment led the Growth in 2025. ## Companies like Ripple In the same sector, and raised in the last eighteen months. 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