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Ritual - Series A
Overview
Funding Date
November 8, 2023
Financing amount
$25M
Valuation
--
Category
Subcategory
About Ritual - Series A
Ritual announced a $25m financing for the company, led by Archetype. They’re joined by other top-tier investors including Accomplice, Robot Ventures, dao5, Accel, Dialectic, Anagram, Avra, and Hypersphere. Angels in the round include Balaji Srinivasan, Nicola Greco, Chase Lochmiller, DC Builder, Keone Hon of Monad, Sergey Gorbunov and Georgios Vlachos of Axelar, Kevin Pang of SCP, Daniel Shorr & Ryan Cao of Modulus, Grug, Scott Sunarto, devops199fan, Ambush Capital, and many others.
This financing will help to expand the team, start growing developer network, and start seeding the network.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2021 | 37 | -- | ||
| Fund | United States of America | 2006 | 22 | [email protected] | ||
| Fund | United States of America | 2019 | 114 | [email protected] | ||
| Fund | United States of America | 2022 | 37 | -- | ||
| Fund | United States of America | 1983 | 30 | [email protected] | ||
| Fund | Switzerland | -- | 34 | -- | ||
| Fund | Unknown | 2022 | 36 | [email protected] | ||
| Uncategorized | Unknown | -- | 1 | -- | ||
| Fund | United States of America | 2020 | 79 | -- | ||
| Angel Investor | United States of America | -- | 117 | -- |
Founders & Team
Akilesh Potti
Niraj Pant
Saneel Sreeni
Company Profile / Project Introduction
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.