Rapid Ratings International Valuation, Funding & Investors
Rapid Ratings International is valued at $70M as of April 2016.
Last Rapid Ratings International valuation
$70M
Series A · Apr 2016
Last Rapid Ratings International funding round
$200M
Undisclosed stage · Feb 2022
Cumulative funding Rapid Ratings International raised
$245M
across 3 funding rounds
Key investors in Rapid Ratings International
FTV Capital
Spectrum Equity
LLR Partners
22C Capital
About Rapid Ratings International
Rapid Ratings International is a New York-headquartered firm delivering Financial Health Ratings for 30,000 public and private companies worldwide. The system analyzes 165 data points from financial statements to predict distress 12-24 months ahead with 90 percent accuracy. Used by banks like JPMorgan and suppliers to General Electric, it covers vendor risk in supply chains across automotive, energy, and tech sectors. RapidRatings processes SEC filings and audited reports for insights into 5 million business relationships.
Founded
2001
HQ
New York City, NYWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$70M (Apr 2016)
Rapid Ratings International Valuation
Rapid Ratings International is currently valued at $70M, based on its Series A in April 2016.
The $15M round was led by LLR Partners.
Rapid Ratings International valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Apr 2016 | Series A | $70M |
Rapid Ratings International Funding History
Rapid Ratings International has raised a total of $245M across 3 funding rounds.
Rapid Ratings International's first fundraising round was a $15M Series A in April 2016. The most recent completed round was a $200M undisclosed-stage round in February 2022.
Rapid Ratings International funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2022 | Undisclosed stage | 22C Capital (lead); Spectrum Equity (lead) | $200M | - | RapidRatings International Inc. is a New York-based provider of financial health data and analytics, specializing in risk analytics software focused on supply chains, customers, and other counterparties. The company uses a proprietary Financial Health Rating (FHR) system to deliver quantitative assessments of public and private companies' financial stability, operating efficiency, and default probability, helping clients manage risks with suppliers, third parties, and investments. On February 14, 2022, RapidRatings announced a $200 million growth investment led by Spectrum Equity and 22C Capital, with participation from existing investors FTV Capital (which led a $30 million round in 2018) and LLR Partners. The funding aims to enhance visibility into the financial health of suppliers and counterparties amid global supply chain strains and tightening credit markets, supporting expansion in data collection, product innovation, and commercial operations. New board members include representatives from Spectrum Equity (Chris Mitchell, Mike Farrell) and 22C Capital (Colleen Coda). The investment builds on prior growth, with CEO James Gellert (now Chairman) emphasizing the need for better financial visibility in interconnected business networks. Legal advisors included Kirkland & Ellis, Bryan Cave, Raymond James (for RapidRatings), Latham & Watkins (Spectrum), and Sidley Austin (22C). RapidRatings operates in the data analytics sector, addressing heightened counterparty risks post-disruptions. As of 2022, Charlie Minutella serves as CEO, succeeding Gellert. The firm produces whitepapers on predictive analytics for supply chain and third-party risk management. |
| Sep 2018 | Undisclosed stage | FTV Capital (lead) | $30M | - | RapidRatings International is a SaaS-based financial health analytics company founded in 2002 that provides risk management insights into the financial stability of public and private companies, suppliers, and counterparties. The company serves enterprise clients including insurance underwriters, investors, and trading partners, helping them assess third-party vendor and counterparty risk in supply chains and credit markets. In September 2018, RapidRatings secured $30 million in Series B funding from FTV Capital, a growth equity firm specializing in innovative enterprise technology and services companies. As part of the transaction, FTV Capital partner Kyle Griswold joined the RapidRatings board of directors, while existing investor LLR Partners, which had led the Series A round in April 2016, remained on the board. The company had achieved significant market adoption by the time of the Series B investment, rating public and private companies from 135 countries worldwide and expanding its client base among financial institutions globally. RapidRatings would go on to raise an additional $200 million in Series C funding led by Spectrum Equity and 22C Capital in February 2022, demonstrating sustained investor confidence and market momentum in the financial health analytics space. |
| Apr 2016 | Series A | LLR Partners (lead) | $15M | $70M | Rapid Ratings International secured growth capital from LLR Partners on April 20, 2016, as a minority investment described as their Series A round. The investment valued the company at $70.26 million post-money. LLR Partners led the round to support infrastructure build-out and product expansion for assessing public and private companies' financial health using their proprietary FHR® (Financial Health Rating) system. Rapid Ratings provides predictive insights on company stability, operating efficiency, and default probability to help clients manage risks with counterparties, suppliers, and investments. Fortune 500 companies and financial institutions use the platform for critical decisions in investment risk, compliance, and supplier management. The firm operates as a subscriber-paid ratings provider, avoiding conflicts in the traditional issuer-paid model. The partnership enabled Rapid Ratings to accelerate its product roadmap, including new analytics for financial services and corporate clients. LLR's involvement supported global expansion of accurate financial health assessments across industries and geographies. |
Who has invested in Rapid Ratings International?
4 investors have backed Rapid Ratings International across its funding rounds, including FTV Capital, Spectrum Equity, LLR Partners and 22C Capital.
Lead investors include 22C Capital, Spectrum Equity, FTV Capital and LLR Partners.
Rapid Ratings International Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Philadelphia, PA | 1 | Lead | Apr 2016 | |
| San Francisco, CA | 1 | Lead | Feb 2022 | |
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Start Free TrialRapid Ratings International Competitors
Rapid Ratings International competitors include listed companies like Luzon Credit and Finance and Sino-Ocean Group Holding, and private ones like WireScreen, Alongside, Vola and Blue Fire AI.
| Company | HQ | Status | Revenue | EBITDA | Valuation |
|---|---|---|---|---|---|
| New York City, NY | Private | - | - | $70M | |
| San Francisco, CA | Private | - | - | $71M | |
| New York City, NY | Private | - | - | $68M | |
 Israel | Publicly listed | - | - | $73M | |
 Singapore | Private | - | - | $67M | |
 China | Publicly listed | $2.2B | $1B | $65M |
Rapid Ratings International Public Comps
Rapid Ratings International is still privately-owned, but its public comps include Luzon Credit and Finance, Sino-Ocean Group Holding, SysJust, Marketwise, Aether Holdings, Stock3, Tracxn, Inderes, Investview and Alpcot Holding.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| - | - | - | - | - | - | |||
| $2.2B | $1B | 3.4x | - | 7.4x | - | |||
| $32M | $8M | 2.0x | - | 7.5x | - | |||
| $328M | $66M | - | - | - | - | |||
| $1M | ($3M) | 30.3x | 31.1x | (13.0x) | - | |||
| $16M | $2M | 2.2x | - | 16.3x | - | |||
| $9M | ($228K) | 2.8x | - | (108.2x) | - | |||
| $22M | $2M | 1.5x | 1.4x | 17.0x | 10.0x | |||
This data is available for Pro users. Sign up to see all Rapid Ratings International competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Rapid Ratings International
| When was Rapid Ratings International founded? | Rapid Ratings International was founded in 2001. |
| Where is Rapid Ratings International headquartered? | Rapid Ratings International is headquartered in New York City, NY, United States. |
| Is Rapid Ratings International publicly listed? | No, Rapid Ratings International is a private, VC-backed company. |
| What is Rapid Ratings International's valuation? | Rapid Ratings International was last valued at $70M in its Series A in April 2016. |
| How much funding has Rapid Ratings International raised? | Rapid Ratings International has raised $245M across 3 funding rounds. |
| What was Rapid Ratings International's last funding round? | Rapid Ratings International's last funding round was a $200M undisclosed-stage round in February 2022, led by 22C Capital and Spectrum Equity. |
| Who are Rapid Ratings International's investors? | Rapid Ratings International's investors include LLR Partners, Spectrum Equity, FTV Capital and 22C Capital. |
| Which companies are comparable to Rapid Ratings International? | Companies comparable to Rapid Ratings International include WireScreen, Alongside, Vola, Luzon Credit and Finance, Blue Fire AI and Sino-Ocean Group Holding. |
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