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
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.
Investor | 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. |
Cap Table
Current and past shareholders
Investor | Contacts | Round | |
---|---|---|---|
. Grug |
Series A | ||
Accel Partners & Co Inc Early and growth stage venture capital firm. |
+1 (415) 293-1100 |
Series A | |
Accomplice Management LLC Seed-led venture capital firm based in Boston and San Francisco. |
Series A | ||
Ambush Capital Angel fund in New York that helps entrepreneurs through the early stages of building a company. |
Series A | ||
Anagram |
Series A | ||
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 Cryptocurrency investment fund. |
Series A | ||
Dialectic |
Series A | ||
Hack VC Management LLC Venture capital firm investing in early-stage Web3 startups. |
Series A | ||
Hypersphere Ventures Venture-technology firm investing in and building technology in the blockchain industry. |
Series A | ||
Robot Ventures Pre-seed and seed investor in fintech and crypto companies. |
Series A |