Ripjar is a data intelligence company with a mission to provide global companies and institutions with the most advanced data and analytic solutions to protect themselves in real-time from evolving risks that threaten their growth, prosperity and value.
Ripjar's Labyrinth platform supports leading global companies and governments to detect criminal behaviour
Ripjar was founded in 2012 by Jeremy Laycock Annis, Tom Griffin and Robert Biggs. The company is headquartered in Cheltenham Spa, Gloucestershire with an additional operation in London, United Kingdom.
Ripjar gives institutions the capability to transform their approach to kYC and AML- using artificial intelligence to automatically identify risk from all data sources.
Ripjar works with both structured and unstructured data, using natural language processing and an API-based platform that lets organizations incorporate any data source. It automatically and in real time checks these against other data sources like sanctions lists, politically exposed persons (PEPs) lists and transaction alerts.
Ripjar's clients include Accenture, PWC, BAE Systems, Dow Jones and more. The company also has government clients, where its platform is used for counterterrorism work.
Ripjar is backed by Accenture plc, Winton Capital Ltd., Long Ridge Equity Partners and others. The company raised $36.8M (£28M) in Series B round on Sep 24, 2020. This brings Ripjar's total funding to $41.3M to date.