Chicago-based cybersecurity specialist Rippleshot will join the Fall 2015 cohort of the SixThirty accelerator program.
For its participation in the accelerator, Rippleshot will pick up a negotiated equity investment of up to $100,000, as well as training, mentoring, and networking with professionals from financial services companies from across the country. The program runs from 14 September through 11 December, and is based in downtown St. Louis. This will be Rippleshot’s second time through the SixThirty program.
SixThirty Managing Partner Atul Kamra said that they had received a record number of applications for the fall cohort. “The application pool was truly global and, of the 150-plus startups that applied, a third were from outside the U.S.”
Also participating in the fall 2015 cohort are:
- Bandura
- Brigade Society
- Ensygnia
- Fluent
- Investment POD
Founded in June 2013, Rippleshot demonstrated its technology at FinovateFall 2014 in New York City. Canh Tran is CEO and co-founder. The company has won accolades for its technology that helps detect card-payment fraud, earning finalist spots at the BBVA Open Talent Competition in August, and the MRC METAwards in March 2015.