Strategic View: OneRagtime participates in Rippletide’s €4 million funding round through platform model combining fund investment and open club deal. Network of LPs and co-investors can participate deal-by-deal alongside fund commitment. AI agents sector focus.
Full story: OneRagtime invest in AI powered platforms and deeptech companies where impact matters.
French venture is evolving fast. OneRagtime shows how it’s done. The firm just backed Rippletide’s €4 million round. Rippletide builds next-generation AI agents. OneRagtime deployed capital through dual structures. Its fund took a core position. A parallel club deal opened to LPs and co-investors. This hybrid approach is gaining traction.
Why offer club deals alongside fund investing? LPs want more control. They seek exposure beyond pro-rata allocations. High-conviction deals deserve larger checks. The club model enables this flexibility. Strategic investors join the round too. They’re not traditional fund LPs. But they bring valuable networks and expertise. For Rippletide, this expands the value-add equation. More investors mean more relationships, insights, and potential customers.
The OneRagtime club remains open to its network. This reflects venture’s collaborative turn. According to PwC, 83% of family office startup investments now use co-investment or club structures. That’s up from under 50% in 2020. Why? Transparency, control, and fee mitigation drive the shift. LPs tire of blind-pool funds. They want deal-level selection rights. Club deals deliver exactly this. For emerging companies like Rippletide, clubs accelerate fundraising timelines. Pre-qualified investors move quickly. Trust in the lead investor matters. Decisions happen faster.
Summary: OneRagtime’s club deal structure for Rippletide exemplifies venture capital’s shift toward flexible, deal-specific syndication. By combining fund commitments with parallel LP co-investment rights, the model enhances exposure to high-conviction opportunities while expanding the value-add investor base for portfolio companies.
Source: OneRagtime
