raffle.ai offers a next-generation, AI-based enterprise search platform that uses contextual learning to understand meaning and intent across documents, websites and image files. The product delivers fast, natural-language search that customers can deploy in hours or days, contrasted with competitors that take months. Customers across several countries and languages have implemented the platform, including rollouts in five languages, and report efficiency gains such as a 25% reduction in customer support inquiries. The company plans to more than double headcount by the end of 2022 and to continue penetrating European and US markets. The announcement notes an $18 million Series A commitment to support these expansion plans and global growth. raffle.ai emphasizes rapid time-to-value and reductions in support calls, tickets and search times as core benefits for enterprise customers.

Total raised

$18M

Funding rounds

1

Latest round

Series A

Latest activity

Feb 2022