Ripple

Financial Software · San Francisco, CA · Founded 2012 · Privately Held (backing)

Developer of a blockchain platform designed to build crypto technology for a world without economic borders. Ripple is based in San Francisco, CA and was founded in 2012. It is valued at about $15 billion as of Oct 2026, set by secondary market price, down 62% since its later-stage round in Nov 2025. It has raised $575 million across 1 recorded round; the latest was a $200 million Series C in Oct 2020.

PMV mark · valuation
$15.0B
Oct 2026
Secondary market · $/share
$90
Total raised
$575.1M
Last round
Later Stage VC (Series C)
Oct 2020

Ripple key facts

as of Oct 2026
  • Developer of a blockchain platform designed to build crypto technology for a world without economic borders.
  • Ripple is valued at approximately $15.0B (~$90/share on the secondary market) as of Oct 2026, down 62% since its later-stage round, Nov 2025, per PrivateMarketView’s mark.
  • It has raised $575.1M across 1 recorded rounds; the latest was Later Stage VC (Series C) ($200.0M) in Oct 2020.
  • Notable investors include Andreessen Horowitz, 500 Global, Lightspeed Venture Partners, Astir Ventures, GV — 67 tracked in total.
  • PrivateMarketView tracks 17 recorded secondary trades in Ripple shares.
  • 16 investment vehicles were formed to buy Ripple shares in the last 12 months, reporting $13.1M sold to 384 investors, per SEC Form D filings.
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$15.0B~$90 per share · secondary market

Down 62% since its later-stage round, Nov 2025 ($40.0B post-money).

set by secondary market priceconfirmed by printsas of Oct 2026question about this number?
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Secondary market

monthly marks · 46 months · Jan 2023 – Oct 2026
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Jan 2023marks: indicative $/share, month-end · as of Oct 15, 2026Oct 2026
Monthly marks are a Pro feature — the shape is real, the numbers are waiting.Unlock 46 monthly marks

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Ripple secondary trades

17 on record · Aug 2024 – Jun 2026

17 trades between Aug 2024 and Jun 2026. Exact dates, prices and structures are available to Pro members.

Aug 2024peak 4 prints / monthJun 2026
Individual prints are Pro.Unlock 17 trade prints

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Ripple funding rounds

1 rounds
Oct 2020Later Stage VC (Series C)$200.0M▮

Vehicles formed to buy Ripple shares

secondary demand · SEC Form D filings

In the last 12 months, 16 investment vehicles were formed to buy Ripple shares, reporting $13.1M sold to 384 investors across 16 sponsors. Most recent filing Jun 2026.

The vehicle list — each sponsor, filing date, amount sold and investor count — is a Pro table. Unlock the 16 vehicles →

Membership and data by Private Market View

Ripple valuation

Ripple is valued at approximately $15 billion as of Oct 2026. The figure is set by secondary market price and confirmed by prints. The secondary market quotes about $90 per share. The reference point is its later-stage round in Nov 2025, at a $40 billion post-money valuation; the current figure is down 62% since.

Ripple ranks 14th by valuation and 70th by capital raised among the private companies PrivateMarketView tracks.

How much has Ripple raised?

Ripple has raised $575 million in total; 1 of its rounds is on record. The largest on record was a $200 million Series C in Oct 2020.

Ripple secondary market activity

17 secondary trades in Ripple shares are on record, between Aug 2024 and Jun 2026. The busiest recent months were Jan 2026 (4 prints) and Jun 2026 (3 prints). Exact dates, prices and structures are available to Pro members.

A monthly secondary-market price series for Ripple runs from Jan 2023 to Oct 2026 (46 months).

Institutional holders and vehicles

In the last 12 months, 16 investment vehicles were formed to buy Ripple shares, reporting $13.1 million sold to 384 investors across 16 sponsors, per SEC Form D filings (most recent Jun 2026).

Ripple investors

67 investors are on record for Ripple, including Andreessen Horowitz, 500 Global, Lightspeed Venture Partners and Astir Ventures. By type, the record holds 25 venture capital firms and 4 hedge funds. The Series C in Oct 2020 drew 25 investors.

Comparable companies

Comparable financial software names by valuation on PrivateMarketView: Ramp ($60 billion), Kraken ($20 billion) and Klarna Group (NYS: KLAR) ($15.1 billion).

About Ripple

Developer of a blockchain platform designed to build crypto technology for a world without economic borders. The company's platform offers an open-source payment system using a math-based virtual currency that helps in free payments to merchants, consumers, and developers, enabling global financial institutions, businesses, and governments to move, manage, and tokenize value and customers to pay in any currency with no chargebacks and global payment options.

Industry
Financial Software
Sector
Blockchain and Crypto
HQ
San Francisco, CA, United States
Founded
2012
Employees
1,000
Ownership
Privately Held (backing)

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