Riipen Analysis: $9M Raised
What is Riipen?
Riipen is a work-based learning platform connecting students, educators, and employers through real projects, enhancing practical experience and employability outcomes.
HQ Country
Vancouver, Canada
Employees
170
Founded
2016
Industry
B2b Saas
Recent Funding Round
Pre-seed
Recent Venture Round Amount
$3,750,000
Product Features & Capabilities
- Work-based learning projects for students
- Real-world project integration into academic curricula
- Employer access to student talent for project completion
- Experiential learning programs including FuturePath, Level UP, Advance Ontario, and IBM SkillsBuild
- Project-based internships and workforce development programs
How much Riipen raised
Pre-Series A - $5 million CAD
December 11, 2019Lead Investor: Reach Capital, Strada Education Network, SEI Ventures, EduLab Capital Partners, Entangled Group, Atrium, ASU ScaleU
Seed - $3.75 million
December 12, 2019Lead Investor: Reach Capital, Strada Education Network, SEI Ventures, EduLab Capital Partners, Entangled Group, Atrium, ASU ScaleU
Other Considerations
Serves 700+ academic institutions and 44,000+ employers; Facilitated 272,000+ learner experiences and 18.4M+ hours of applied learning; Partnerships with IBM, RBC, AccessEmployment, and CIC; Trusted by 31K+ employers and 430+ schools in 9 countries
Sales Tech Stack
Riipen utilizes HubSpot as part of its sales technology stack. HubSpot is a customer relationship management (CRM) software that enhances marketing and sales processes, indicating that Riipen employs this tool to manage its sales operations effectively.
Find more companies like Riipen
Financial Overview
$9MTotal Raised
Pre-Series A$5 million CAD
December 11, 2019
Investors: Reach Capital, Strada Education Network, SEI Ventures, EduLab Capital Partners, Entangled Group, Atrium, ASU ScaleU
Seed$3.75 million
December 12, 2019
Investors: Reach Capital, Strada Education Network, SEI Ventures, EduLab Capital Partners, Entangled Group, Atrium, ASU ScaleU
