Long Ridge Equity Partners backs Ripjar

Ripjar , an AI-focused screening and financial crime compliance company, reported 40% annual recurring revenue growth over the past year and secured additional investment from Long Ridge Equity Partners .

The company said customer growth increased 200% since 2024, with more than 300 businesses now using its screening platform, including over 20 tier 1 banks. According to Ripjar, 21% of Global Systemically Important Banks currently use its technology for financial crime and compliance screening.

Earlier this year, Ripjar launched address screening capabilities designed to identify links between customers, counterparties, or transaction destinations and sanctioned or high-risk entities. Ripjar also said it ranked No. 20 in the 2026 Chartis Financial Crime and Compliance 50 rankings and No. 4 for Core Technology.

“Our continued growth reflects a shift in how financial institutions and corporates are approaching risk. Tackling financial crime is becoming more complex due to increasing regulatory pressures and the acceleration of AI but legacy customer screening systems are struggling to keep pace. Reaching 300 customers and serving more than a fifth of the world’s G-SIBs shows that companies need and are demanding smarter, more intelligent approaches.” – Matt Mills, CEO of Ripjar.

“Long Ridge is committed to backing category leaders and Ripjar continues to redefine the screening landscape. Since our initial investment, we’ve watched the team continually innovate with AI-first approaches to meet the needs of an increasingly complex market. This additional capital reflects our commitment to Matt’s leadership and the team’s unique ability to solve this market’s evolving challenges.” – Jason Melton, Partner at Long Ridge.