The Ridge (company)

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The Ridge Wallet LLC
Founder
  • Paul Kane
  • Daniel Kane
HeadquartersSanta Monica, California
Key people
  • Sean Frank (CEO)
  • Connor MacDonald (CMO)
  • Marques Brownlee (board member)
ProductsWallets, mens rings, backpacks, luggage, everyday carry accessories
Websiteridge.com

The Ridge is a wallet and everyday carry product manufacturer specializing in minimalist RFID wallets. The Ridge was founded in 2013 by father-son duo Daniel and Paul Kane.[1] The company initially relied on crowdfunding campaigns to finance the manufacturing of their products.[2] The company's wallet patent has been the subject of litigation starting in 2020.[3]

The Ridge was established in 2013 by Daniel and Paul Kane, who launched a Kickstarter campaign for the Ridge Wallet as their flagship product.[4] The campaign gained significant popularity and met its initial funding goal.[5] The company has since expanded its product line to include rings, backpacks, and other accessories, along with new, upgraded versions of its original wallet.[6] In 2019, Ridge was featured on Inc's 5000 Fastest Growing Companies.[7] Marques Brownlee, a famous YouTube personality, joined Ridge on its board of directors and as a "chief creative partner" in early 2024. Brownlee received an undisclosed stake in the company. [8]

Products

The company's primary product is a slim, minimalist wallet made from materials such as aluminum, titanium, and carbon fiber. It features technology to prevent electronic pickpocketing and RFID skimming.[9] The Ridge Wallet has consistently been featured in various best of lists, including "Best Minimalist Wallet for 2023" by CNET[10] and "20 Best Wallets for Men 2023" by Men's Health.[11] The company has embraced its "friendly" association with everyday carry culture and produces “weatherproof bags, leather phone cases, and compact knives.”[5] In 2021, the company introduced customization options to its products[6] and, in 2023, began selling luggage.[12]

Litigation

The Ridge is currently the plaintiff in three separate district court patent litigations and one patent and trade dress litigation in the International Trade Commission. Ridge accuses defendant Mosaic Brands, Inc. (doing business as Storus) of patent infringement in the District Court for the Central District of California.[13] The lawsuit is the result of Ridge's counterclaim of patent infringement in a litigation originally brought by Mosaic. While Mosaic's suit was dismissed with prejudice,[14] Ridge's suit continues following a successful reversal of a prior invalidity finding by the Federal Circuit.[15] Ridge has also accused Mountain Voyage Company in the District Court of Colorado and Bemmo, Inc. in the Eastern District of New York of infringing its patent.[16][17] In addition, Ridge sued several defendants of infringing on its patent and Ridge's trade dress in the International Trade Commission.[18]

References

  1. ^ Stories, Local (2019-08-13). "Meet Daniel Kane of The Ridge in West Hollywood - Voyage LA Magazine | LA City Guide". voyagela.com. Archived from the original on 2022-05-22. Retrieved 2023-05-19.
  2. ^ Team, Forbes Leadership. "Set Up For Success: Launch Your Small Business From Scratch". Forbes. Archived from the original on 2023-05-19. Retrieved 2023-05-19.
  3. ^ "Burdens Can't Be Avoided No Matter How They're Dressed Up". The National Law Review. Archived from the original on 2023-05-19. Retrieved 2023-05-19.
  4. ^ "Ridge Wallet CEO Aims for $1 Billion Exit". Practical Ecommerce. 2023-01-27. Archived from the original on 2023-05-19. Retrieved 2023-05-19.
  5. ^ a b Wright, Steven T. (2019-07-24). "Meet the men obsessed with carrying all the right stuff". Vox. Archived from the original on 2023-05-19. Retrieved 2023-05-19.
  6. ^ a b Taylor, Glenn (2022-11-30). "Success Story: How The Ridge Tripled Sales Forecasts with Made-to-Order Wallets". Sourcing Journal. Archived from the original on 2023-05-19. Retrieved 2023-05-19.
  7. ^ "Inc. Profile: Ridge Wallet". INC. Archived from the original on 2023-05-19. Retrieved 2023-05-19.
  8. ^ "In a 'great signal for creators,' YouTube star Marques Brownlee adds a corporate gig to his résumé at accessories company Ridge". Fortune. Retrieved 2024-02-26.
  9. ^ "The Modern Alternative to the Classic Wallet". Valet. Archived from the original on 2023-05-19. Retrieved 2023-05-19.
  10. ^ Bricknell, James (2023-05-19). "Best Minimalist Wallet for 2023". CNET. Archived from the original on 2023-05-19. Retrieved 2023-05-19.
  11. ^ "20 Wallets That'll Keep Your Essentials Safe and Your Style on Point". Men's Health. 2023-03-17. Archived from the original on 2023-05-19. Retrieved 2023-05-19.
  12. ^ "Ridge Travel Collection". Everyday Carry. 2023-11-09. Retrieved 2024-02-05.
  13. ^ "The Ridge Wallet LLC v. Mosaic Brands, Inc., 2:20-cv-04556 - CourtListener.com". CourtListener. Archived from the original on 2023-05-19. Retrieved 2023-05-19.
  14. ^ "Mosaic Brands, Inc. v. The Ridge Wallet LLC, No. 2:2020cv04556 - Document 161 (C.D. Cal. 2021)". Justia Law. Retrieved 2023-05-19.
  15. ^ "Mosaic Brands, Inc. v. Ridge Wallet LLC, No. 22-1001 (Fed. Cir. 2022)". Justia Law. Retrieved 2023-05-19.
  16. ^ "Ridge Wallet LLC, The v. Mountain Voyage Company LLC". Justia Dockets & Filings. Archived from the original on 2023-05-19. Retrieved 2023-05-19.
  17. ^ "The Ridge Wallet, LLC v. Bemmo Inc". Justia Dockets & Filings. Archived from the original on 2023-05-19. Retrieved 2023-05-19.
  18. ^ "Trade Commission Votes to Investigate Compact Wallet Complaint". news.bloomberglaw.com. Retrieved 2023-05-19.

External links

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