Riptide
Company

Last deal

Amount

Venture - Series Unknown

Stage

01.01.2022

Date

1

all rounds

General

About Company
Riptide is a cloud-based platform that improves customer engagement for service delivery networks.

Industry

Sector :

Subsector :

Also Known As

M3G

founded date

01.01.2019

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company's 3-way text messaging application connects customers, drivers, and dispatchers in real-time conversations to resolve issues instantly, reducing costs and improving satisfaction. Riptide's platform replaces support tickets with text messaging, which has a 98% open rate within 3 minutes. Dispatchers and drivers can work as a team to resolve 100% of issues, with every interaction visible to all parties involved. Riptide works with on-demand delivery, logistics, emergency roadside service, field service, and repair organizations, providing them with a powerful tool to improve customer loyalty and operational efficiency. Customers have reported a significant reduction in resolution times, from 1 hour to less than 3 minutes, eliminating re-deliveries and refunds.
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