Diligence memo · auto-generated · as of July 2, 2026
RipCode, Inc.
RipCode, Inc. looks over-valued against its niche peers and is dormant on financing cadence.
Businessfiled
RipCode, Inc. operates in Other Technology, based in Richardson.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
RipCode, Inc. has raised $4.5M in disclosed capital across 2 recorded rounds, aggregated from public filings. Its latest round is modeled as Seed (a $1.0M–$4.0M round).
Largest single filing: $3.5M on 2010-06-16.
Most recent recorded round closed around 2010-06-16.
Valuation (modeled)modeled
Provath models RipCode, Inc. at approximately $119M (range $3.1M–$936M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Over-valued. Modeled value is 2.18× the median modeled value of Seed Other Technology companies in 2010–2012 (822 peers) — value vs value, same stage and era.
Financing rhythm & timingmixed
Historic cadence: a new round about every 1 months.
Last raise 16.0 yr ago; this sector typically re-raises about every 13 months.
Silent for over 3× the sector's normal cadence.
The last round stepped up 3.5× from the prior — scaling.
Comparablesmixed
Capital scale ranks ahead of 57% of Other Technology peers (21302 compared).
Modeled value ranks above 75% of those peers.
Closest niche peers: HFN, Inc., Rave Wireless Inc, Friend Media Technology Systems Ltd, Paice Llc, Talko Inc..
Peoplefiled
7 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
Modeled above niche peers — valuation risk on entry.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.