Raven.ai builds data contextualization software for frontline operations, combining proprietary IoT/edge devices and AI to unite diverse manufacturing data into an accurate timeline. Led by CEO Martin Cloake and based in Ottawa, Canada, the company designs operator-first solutions for manufacturers globally across Discrete, Food and Beverage, Pharmaceuticals, Agri-Food, and Healthcare. Its platform integrates varied data sources to deliver timely, contextualized information to operators on the production floor. Raven.ai raised USD$12M in a Series A financing. The company intends to use the funds to continue rapid expansion of its capabilities and to accelerate product development and scaling. Raven Telemetry develops mobile hardware, software, and cloud-based analytics driven by artificial intelligence to deliver real-time recommendations and productivity insights for plant managers, supervisors, and machine operators. The company is led by CEO Martin Cloake and was launched in 2013. Its customer base includes Hitachi, David’s Tea, Teledyne, and Danaher. Raven intends to use the new funding to continue expanding operations and its business reach. The article notes the company raised equity financing of $6.1M. The business is based in Ottawa, Canada.

Total raised

$18M

Funding rounds

2

Latest round

Series A

Latest activity

Jan 2023