RippleWorx Inc.

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RippleWorx Inc. - overview

Established

2017

Location

Huntsville, AL, US

Primary Industry

Software

About

Based in Alabama, US, and founded in 2017 by CEO Angela Sandritter and Jonas Hummels, RippleWorx Inc. , a. k. a.


RippleWorx operates as a technology company that focuses on workforce performance optimization through a blend of people analytics, AI, and behavioral science. The company has developed a platform that transforms employee data into actionable insights. In August 2024, Bow River Capital invested in RippleWorx as part of a major recapitalization. RippleWorx offers a technology platform that enhances frontline workforce performance across various industries.


The platform provides real-time data and insights, enabling decision-making in high-stakes environments by incorporating AI-driven automation for anticipating challenges and improving opportunities. The platform also features customizable feedback mechanisms and performance alignment tools to ensure that individual efforts contribute to organizational goals. RippleWorx serves industries such as first responders, law enforcement, retail, utilities, construction, and the military, addressing aspects of engagement and productivity. The firm generates revenue from subscriptions to its platform packages, which includes The Foundation tier starts with basic actionable insights and surveys, the Advanced tier includes additional features like RPX5 detailed analysis and customized interventions, the Premium tier provides comprehensive consulting and expanded services, and the Custom tier offers tailored enterprise solutions, with costs based on specific organizational needs.


In addition, the company pricing for ready-made solutions starts at USD 7,500 for individual packages and USD 12,000 for bundled offers, catering to various organizational sizes and needs. The company plans to use its proceeds from August 2024 recapitalization to scale globally and deliver on its extensible product roadmap.


Current Investors

Bow River Capital

Primary Industry

Software

Sub Industries

Analytics & Performance Software, HR & Workforce Software

Website

www.rippleworx.com

Verticals

Artificial Intelligence, Cloud Computing, Mobile Apps

Company Stage

Mature

Total Amount Raised

Subscriber access only

RippleWorx Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
RecapitalisationCompletedRippleWorx Inc.-

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