# Ripcord

> Ripcord is a Hayward, California company that uses robots, machine learning, and generative AI to digitize the world's paper. Founded in 2015 out of NASA research, it built robots that scan documents - pulling staples and turning records into searchable, structured data through its cloud platform. Today it positions itself as a Document Intelligence as a Service (DIaaS) company, ingesting, classifying, and extracting data from both physical and digital records for clients across financial services, energy, government, insurance, and more.

- **Founded:** 2015
- **Headquarters:** Hayward, California, United States
- **Founders:** Alex Fielding (Co-Founder & CEO (former Apple engineer)), Kim Lembo (Co-Founder (NASA veteran)), Kevin Hall (Co-Founder)
- **Team size:** ~130 employees
- **Products:** Robotic Document Digitization, Document Intelligence as a Service (DIaaS), Canopy, Industry Solutions
- **Notable:** Described as the world's first robotic digitization company., Spun out of NASA research and backed by Apple co-founder Steve Wozniak., Raised roughly $144M total across Series A, Series B, and later rounds from top-tier investors.

## Products & services

- **Robotic Document Digitization** — Proprietary robots that autonomously scan paper - even removing staples - to produce high-quality digital files at scale.
- **Document Intelligence as a Service (DIaaS)** — A cloud-based service that ingests, classifies, extracts, validates, and enriches data from paper and digital records using machine learning and generative AI.
- **Canopy** — Ripcord's cloud-based, generative-AI-powered content platform where customers store digital assets and access reliably accurate documents and data through layered services and microservices.
- **Industry Solutions** — Tailored document intelligence for financial services, energy, insurance, manufacturing, real estate, food & beverage, human resources, accounts receivable, and the public sector.

## Achievements

- Described as the world's first robotic digitization company.
- Spun out of NASA research and backed by Apple co-founder Steve Wozniak.
- Raised roughly $144M total across Series A, Series B, and later rounds from top-tier investors.
- Built and operates robotic scanning facilities in the U.S. and Japan.
- Brought robotic intelligent document processing to government via Carahsoft.

## Latest updates

- **2024-10** — Last reported capital raise (per investor data), following a 2024 funding close.
- **2024-04** — Ripcord closed approximately $32M in new funding.
- **2023-10** — Partnered with Carahsoft to bring intelligent document processing to U.S. government agencies.

## Links

- Website: https://ripcord.com
- LinkedIn: http://www.linkedin.com/company/ripcord
- Twitter/X: https://twitter.com/getripcord
- YouTube: https://www.youtube.com/@GetRipcord
- Facebook: https://www.facebook.com/getripcord

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Profile page: https://yespress.io/ripcord
Published by YesPress — https://yespress.io
Last updated: 2026-06-20