XRP (XRP)

In the seed funding round announced on October 2, 2012, OpenCoin (which later became Ripple Labs Inc.) raised $200,000 from investors Jesse Powell and Avant Global. This initial investment marked an important milestone in the company's early growth, supporting the development of its unique payment protocol and the digital currency XRP. The funds raised during this seed round helped lay the groundwork for future innovations and growth, cementing Ripple's place as a key player in the world of blockchain and cryptocurrency technology.

In an angel round in April 2013, Ripple Labs Inc. reportedly raised $1.5 million. The investors who participated in this round include Vast Ventures, Pathfinder, Lightspeed Venture Partners, Digital Currency Group, Andreessen Horowitz, and All Blue Capital. This early stage funding supported the initial development and operations of Ripple, helping it grow into a key player in the field of blockchain and cryptocurrency.

On May 14, 2013, Ripple Labs Inc. (then known as OpenCoin) completed a seed funding round, successfully raising $1.4 million. The investors participating in this round included Tim Kendall, Pantera Capital, IDG Capital, Google Ventures, and Camp One Ventures. This funding played a significant role in the development and expansion of Ripple's payment protocol and its associated digital currency, XRP. With this capital, the company continued to solidify its position as an influential player in the field of blockchain and digital payment technology.

On November 12, 2013, Ripple Labs Inc. announced a successful seed funding round, in which the company raised $3.5 million. The investors who participated in this particular round included IDG Capital, Hinge Capital, Core Innovation Capital, and Camp One Ventures. This substantial seed investment further supported Ripple's ongoing growth and development, aiding in the enhancement of its pioneering payment protocol and the expansion of its digital currency, XRP. The funds from this round enabled Ripple to continue to innovate and solidify its role as a leading player in the global financial network utilizing blockchain technology.

On May 19, 2015, Ripple Labs Inc. announced a Series A funding round, which closed on September 14, 2015, raising $28 million. Investors in this early-stage venture included Thirdstream Partners, Seagate Technology, RRE Ventures, Route 66 Ventures, Nurzhas Makishev, IDG Capital, Digital Currency Group, Core Innovation Capital, CME Ventures, and Blockchain Capital. This funding played a crucial role in Ripple's growth, allowing further expansion and innovation in its payment protocol and digital currency technology.

Santander InnoVentures, the FinTech fund of the Spanish banking group Santander, added an estimated $4 million to Ripple Labs Inc.'s Series A funding round, bringing the total for this round to $32 million. This additional investment, announced alongside previous investments from the likes of CME Group and Seagate Technology, furthered Ripple's work in real-time international payments and blockchain technology. The relationship with Santander InnoVentures was seen as a strong strategic fit, as both organizations were committed to innovative technologies transforming the banking industry. The addition of these funds supported Ripple's ongoing efforts to build what they referred to as the "Internet of Value," enhancing the efficiency of financial transactions worldwide. With this added support, Ripple's total funding reached $41 million, solidifying its position as a leader in the blockchain space.

On September 15, 2016, Ripple Labs Inc. announced a Series B funding round, successfully raising $55 million. Participating investors in this early-stage venture included Standard Chartered, Accenture Ventures, SCB Digital Ventures (the venture arm of Siam Commercial Bank), SBI Holdings, Santander InnoVentures, CME Ventures, Seagate Technology, and Venture 51. The funds raised in this round further enabled Ripple to expand its global network, strengthen its financial technology solutions, and continue innovating within the digital payment space. The relationship with Santander InnoVentures was seen as a strong strategic fit, as both organizations were committed to innovative technologies transforming the banking industry. The addition of these funds supported Ripple's ongoing efforts to build what they referred to as the "Internet of Value," enhancing the efficiency of financial transactions worldwide. With this added support, Ripple's total funding reached $41 million, solidifying its position as a leader in the blockchain space.

On December 20, 2019, Ripple Labs Inc. announced a Series C funding round, raising $200 million. Investors in this late-stage venture included Tetragon Financial Group Limited, SBI Investment, Route 66 Ventures, and Bossanova Investimentos. The funds were aimed at supporting Ripple's growth, accelerating its liquidity offering, and expanding its customer base in the global blockchain and digital payment space.