Ripcord

Ripcord, Inc. is a robotic digitization company focused on transforming paper-based records into digital formats. Founded in 2014 and headquartered in Hayward, California, Ripcord offers a platform that combines hardware and software robotics to automate the digitization process. Its key product, Canopy, leverages artificial intelligence and machine learning to efficiently capture, enrich, and organize critical content for clients. By providing an integrated SaaS solution, Ripcord aims to streamline business processes and facilitate a paperless environment. The company is backed by prominent investors, including leading venture capital firms and notable figures from the tech industry.

Michael Coombs

EVP of Finance

Joni Woo

SVP of Customer Success

1 past transactions

Engine ML

Acquisition in 2020
Engine ML Inc., established in 2018 and based in San Francisco, California, specializes in distributed deep learning technology solutions. As a subsidiary of Ripcord, Inc., the company addresses the challenges associated with training deep learning models, which can be time-consuming and resource-intensive. Engine ML's infrastructure leverages the computational power of numerous GPUs, enabling clients to accelerate their model training processes by up to 50 times. This capability allows organizations to optimize their use of deep learning engineers and gain a competitive edge by developing high-quality models in fields such as computer vision, natural language processing, speech, and robotics. By providing a more efficient and scalable alternative to traditional infrastructure, Engine ML aims to streamline the deep learning workflow and alleviate the burdens of manual training.
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