Yes, please still apply as we will evaluate investments opportunistically.
We expect this process to take no longer than a few weeks.
Ripple Ventures will invest in your company as a part of the Fellow Fund initiative with a $50K-100K check. This will be on a standard SAFE note with a valuation cap, and side letters for pro-rata and information rights.
No, not every company that receives a Fellow Fund investment will receive a core fund investment from Ripple Ventures but we expect a good portion of the portfolio to. Companies will be evaluated on an individual basis to receive a core fund investment from Ripple Ventures.
Yes, your founding team must have at least one member that identifies with an underrepresented group to qualify for the Fellow Fund. Underrepresented backgrounds are inclusive of: Women (femme-presenting / identifying); Indigenous Peoples; Racialized, Black and/or people of color (visible minorities); Persons who identify as LGBTQ2IA+ and nonbinary individuals; and Persons living with disabilities.
The company must have an idea in B2B software, meaning tools that are used in a professional or business setting (ie. Figma (design tool), Quickbooks (SMB accounting software), Supabase (backend development platform), to Amazon Web Services (enterprise cloud infrastructure))
We've built, funded, and sold companies before. Using our experience to guide first-time founders to success in the early days.
Portfolio perks on software and tools, as well as the access to Ripple Ventures' founder, investor and operator network.
Meet other like-minded founders and investors in private group chats and events, where we are dedicated to helping each other succeed.
Access to talent pipeline in the Ripple Ventures and RippleX Fellowship networks to ensure you have the best people building your company.