About Riptide Ventures
Riptide Ventures, established in 2022, is an angel investment group based in Baltimore, United States. It primarily focuses on Series A investments in companies in United States. Its portfolio includes 6 firms, spanning the Enterprise Applications, Life Sciences sectors. Its most notable investments include companies like Sonavex, icarus and Scamnetic. Its latest investment was a $1.52M Seed round in Frenos on Jul 28, 2026, which also saw participation from Exposition Ventures and Momenta.
To date, 24 investors have co-invested in Riptide Ventures's portfolio companies, including prominent names like Blu Venture Investors.
Key Metrics
Founded Year
2022
Location
Baltimore, United States
Sectors of Investment
Stages of Investment
Series A & Seed
Locations of Investment
Riptide Ventures' List of Top Investments
Riptide Ventures has a portfolio of 6 companies. Their most notable investments include Sonavex and icarus.Their portfolio spans across and United States. They have invested in Enterprise Applications, Life Sciences, Enterprise Infrastructure and 5 other sectors, across stages such as Series A, Seed stages. Here is the list of top investments by Riptide Ventures:1. Sonavex
Provider of ultrasound-based imaging for Intraoperative detection of anastomotic blood clots. It helps in the detection of clots in surgical procedures to prevent morbid surgical failures. The two-part solution - EchoMark, an absorbable tissue marker to delineate the surgical site, and EchoFind, to guide users to the right position and extract blood flow data.
Key facts about Sonavex
- Founded Year: 2013
- Location: Baltimore (United States)
- Stage: Series A
- Total Funding till date: $33.6M
- Employee Count: 25 as on Jul 31, 2026
- Investors: SoGal Ventures, TEDCO and 24 Others
- Latest Funding Round: Series A, Jul 13, 2026, $*****
- Highlight: Editors' Pick
2. icarus
Icarus Medical provides knee brace technology. The leg is scanned at home or in-office using the app to build a knee profile. The brace is able to adapt to any activity.
Key facts about icarus
- Founded Year: 2019
- Location: Charlottesville (United States)
- Stage: Series A
- Total Funding till date: $7.2M
- Employee Count: 61 as on Jul 31, 2026
- Investors: DCVC, CU Healthcare Innovation Fund and 9 Others
- Latest Funding Round: Series A, Jun 18, 2026, $*****

3. Scamnetic
Provider of data security solutions. It is an AI-powered platform that offers scam detection and protection services to consumers and businesses, utilizing artificial intelligence technology for individuals and organizations to prevent and detect various types of scams.
Key facts about Scamnetic
- Founded Year: 2024
- Location: Tampa (United States)
- Stage: Series A
- Total Funding till date: $16M
- Employee Count: 21 as on Jul 31, 2026
- Investors: SaaS Ventures, 1st & Main and 3 Others
- Latest Funding Round: Series A, Mar 28, 2025, $*****
- Highlight: Editors' Pick

4. Frenos
Developer of AI-native platform for OT security posture management and validation. The platform combines a digital twin with an AI reasoning agent. It prioritizes exploitable vulnerabilities and operationalizes threat intelligence. The platform also runs continuous adversary assessments within a digital twin network. This allows teams to focus on risk reduction tasks.
Key facts about Frenos
- Founded Year: 2023
- Location: Charlotte (United States)
- Stage: Seed
- Total Funding till date: $6.4M
- Employee Count: 87 as on Jul 31, 2026
- Investors: Exposition Ventures, DataTribe and 2 Others
- Latest Funding Round: Seed, Jul 28, 2026, $*****
- Highlight: Editors' Pick

5. Poppy
Key facts about Poppy
- Founded Year: 2019
- Location: Washington, DC (United States)
- Stage: Series A
- Total Funding till date: $13.6M
- Employee Count: 55 as on Jul 31, 2026
- Investors: Stereo Ventures, Wakestream Ventures and 10 Others
- Latest Funding Round: Series A, May 30, 2025, $*****
- Highlight: Editors' Pick
Riptide Ventures' Year-on-Year Investment Trends
Riptide Ventures has invested in 6 companies over the last 3 years, with an average of 2 new investments annually in the last 3 years. In 2025, it made 1 investment, while as of Jul 2026, it has made 2 investments in this year. Its most recent first time investment was in Frenos.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 2 | 0 | 2 |
2025 | 1 | 0 | 1 |
2024 | 1 | 0 | 1 |
2023 | 2 | 0 | 2 |
Riptide Ventures' Investments by Stage
Riptide Ventures has made 4 investments in Series A stage with an average round size of $10.4M and 2 investments in Seed stage with an average round size of $2.11M.Stage of entry | No. of Investments |
|---|---|
Series A | 4 |
Seed | 2 |
Note: We have considered here, only first round of investments
Riptide Ventures' Investments by Sector
Riptide Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Enterprise Infrastructure, Life Sciences, Artificial Intelligence - Industry Applications and Consumer. Notably, it has invested in 5 Tech companies, 4 Enterprise (B2B) companies, 3 Saas companies and at least 3 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 3 |
Enterprise Infrastructure | 2 |
Life Sciences | 2 |
Artificial Intelligence - Industry Applications | 1 |
Consumer | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Riptide Ventures' Investments by Geography
Riptide Ventures has made most investments in United States (6).Riptide Ventures' recent investments
Riptide Ventures has made 2 investments in 2026 so far - Frenos and icarus.Here are the most recent investments by Riptide Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 28, 2026 | United States | Seed | 8283 | [+1] | |
Jun 18, 2026 | United States | Series A | 8290 | [+7] | |
Mar 28, 2025 | United States | Series A | 9246 | [+2] | |
Oct 24, 2024 | United States | Series A | 2870 | [+4] | |
Nov 2023 | United States | Series A | 7387 |
Co-investors of Riptide Ventures
Over the past 3 years, 47 investors have co-invested in Riptide Ventures's portfolio companies. This includes only funds.
- Invested before Riptide Ventures: National Science Foundation, America’s Seed Fund and 19 others have invested in rounds before Riptide Ventures. There is 1 company where National Science Foundation has invested before Riptide Ventures and 1 company where America’s Seed Fund has invested before Riptide Ventures.
- Top Co-investors of Riptide Ventures: 24 investors entered a company along with Riptide Ventures. These include investors like Blu Venture Investors (2 companies).
- Invested after Riptide Ventures: VIPC (1 company) and Wakestream Ventures (1 company) are the investors which have invested in Riptide Ventures's portfolio after their investments.
Recent News related to Riptide Ventures
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Flagright Secures $12.5 Million in Series A Funding Roundintelligence360•Jul 09, 2026•Riptide Ventures, Flagright
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Icarus Medical Secures $7.2 Million Series A Funding to Accelerate GrowthOrthoSpineNews•Jun 17, 2026•icarus, Riptide Ventures, Blu Venture Investors, Össur and 1 other
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Army Awards $127M Contract to ECS Riptide Ventures for OneSAF Simulation ProgramGovCon Wire•Aug 28, 2025•Riptide Ventures
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Scamnetic Receives $13 Million series A Fundingintelligence360•Apr 30, 2025•Scamnetic, Roo Capital, 1st & Main, SaaS Ventures and 1 other
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Scamnetic Raises $13 Million in Series A FundingSecurityWeek•Apr 25, 2025•Scamnetic, Roo Capital, 1st & Main, Riptide Ventures and 1 other
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Sonavex secures $15m in Series A-2 funding roundMedicalDeviceNetwork•Oct 25, 2024•Sonavex, Unorthodox Ventures, GenHenn Capital, JSTAR and 3 others
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Previse Raised $3M in Seed RoundSilicon Valley Journals•Mar 21, 2023•Capsulomics, TEDCO, Wexford Science & Technology, Riptide Ventures and 1 other
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