VCID: 14395381
    Profile

    Corporate information

    Investment activity status
    Active investor

    Company type

    Decentralized AI compute platform.

    Overview

    Ritual is an open, sovereign execution layer for AI. Seamlessly integrate AI into your app or protocol on any chain, enabling you to fine-tune, monetize, and perform inference on models with cryptographic schemes.

    Funding rounds

    Series A USD 25,000,000


    USD 25,000,000 (8 Nov 2023)
    Funds to be used to build network infrastructure, expand the team of 15 people and prepare for the launch of Ritual's alpha platform in the upcoming year.

    Profile Country Notes
    Archetype Fund Early-stage venture firm focused on backing the next generation of crypto founders and accelerating the decentralized future. United States Initial investment. Led the round.
    . Grug Initial investment. Round participant.
    Accel Partners & Co Inc Early and growth stage venture capital firm. United States Initial investment. Round participant.
    Accomplice Management LLC Seed-led venture capital firm based in Boston and San Francisco. United States Initial investment. Round participant.
    Ali Saheli Initial investment. Round participant.
    Ambush Capital Angel fund in New York that helps entrepreneurs through the early stages of building a company. United States Initial investment. Round participant.
    Anagram Cayman Islands Initial investment. Round participant.
    Avra Initial investment. Round participant.
    Balaji Srinivasan United States Initial investment. Round participant.
    Calvin Liu Initial investment. Round participant.
    Chase Lochmiller Initial investment. Round participant.
    Daniel Shorr Initial investment. Round participant.
    dao5 Cryptocurrency investment fund. Initial investment. Round participant.
    DC Builder Initial investment. Round participant.
    devops 199fan Initial investment. Round participant.
    Dialectic Switzerland Initial investment. Round participant.
    Georgios Vlachos Initial investment. Round participant.
    Hack VC Management LLC Venture capital firm investing in early-stage Web3 startups. Initial investment. Round participant.
    Hypersphere Ventures Venture-technology firm investing in and building technology in the blockchain industry. United States Initial investment. Round participant.
    Keone Hon Initial investment. Round participant.
    Kevin Pang Initial investment. Round participant.
    Nicola Greco Initial investment. Round participant.
    Robot Ventures Pre-seed and seed investor in fintech and crypto companies. Initial investment. Round participant.
    Ryan Cao Initial investment. Round participant.
    Scott Sunarto Initial investment. Round participant.
    Sergey Gorbunov Initial investment. Round participant.

    Current and past shareholders

    Investor Contacts Round
    [node:title] photo . Grug
    Series A
    Accel Partners & Co Inc logo Accel Partners & Co Inc
    Early and growth stage venture capital firm.
    +1 (415) 293-1100
    Series A
    Accomplice logo Accomplice Management LLC
    Seed-led venture capital firm based in Boston and San Francisco.
    Series A
    Ambush Capital logo Ambush Capital
    Angel fund in New York that helps entrepreneurs through the early stages of building a company.
    Series A
    Anagram logo Anagram
    Series A
    Archetype Fund logo Archetype Fund
    Early-stage venture firm focused on backing the next generation of crypto founders and accelerating the decentralized future.
    Series A
    Avra
    Series A
    dao5 logo dao5
    Cryptocurrency investment fund.
    Series A
    Dialectic logo Dialectic
    Series A
    Hack VC Management LLC logo Hack VC Management LLC
    Venture capital firm investing in early-stage Web3 startups.
    Series A
    Hypersphere Ventures logo Hypersphere Ventures
    Venture-technology firm investing in and building technology in the blockchain industry.
    Series A
    Robot Ventures logo Robot Ventures
    Pre-seed and seed investor in fintech and crypto companies.
    Series A