About RaceRocks
RaceRocks is a company based in Victoria (Canada) founded in 2010 by Anita Pawluk.. RaceRocks has raised $2.24 million across 1 funding round from investors including Raven Capital. RaceRocks offers products and services including Training Solutions and Demos and Consultations. RaceRocks operates in a competitive market with competitors including Ravn, Bolverk XR, SAFETYN, Infinite Passengers and Augmenti, among others.
- Headquarter Victoria, Canada
- Founders Anita Pawluk
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.24 M (USD)
in 1 rounds
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Latest Funding Round
$2.24 M (USD), Seed
Jan 16, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of RaceRocks
RaceRocks offers a comprehensive portfolio of products and services, including Training Solutions and Demos and Consultations. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides customized immersive training for team building
Offers interactive sessions on Indigenous values and reconciliation
Funding Insights of RaceRocks
RaceRocks has successfully raised a total of $2.24M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.24 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.2M
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First Round
First Round
(16 Jan 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2024 | Amount | Seed - RaceRocks | Valuation | Raven Indigenous Capital Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in RaceRocks
RaceRocks has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Raven Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital funding is offered to Indigenous and Native businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by RaceRocks
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - RaceRocks
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Racerocks Comparisons
Competitors of RaceRocks
RaceRocks operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ravn, Bolverk XR, SAFETYN, Infinite Passengers and Augmenti, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
An AR platform is provided for defense sector intelligence delivery.
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| domain | founded_year | HQ Location |
Virtual reality-based simulations for airline training are provided.
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| domain | founded_year | HQ Location |
Developer of life preservation systems and flight assistance tools solutions for pilots
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| domain | founded_year | HQ Location |
Virtual airline management tool for flight simulation and performance tracking.
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| domain | founded_year | HQ Location |
Augmented Reality solutions are delivered to military and defense sectors.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Racerocks
Frequently Asked Questions about RaceRocks
When was RaceRocks founded?
RaceRocks was founded in 2010 and raised its 1st funding round 14 years after it was founded.
Where is RaceRocks located?
RaceRocks is headquartered in Victoria, Canada. It is registered at Victoria, British Columbia, Canada.
Is RaceRocks a funded company?
RaceRocks is a funded company, having raised a total of $2.24M across 1 funding round to date. The company's 1st funding round was a Seed of $2.24M, raised on Jan 16, 2024.
What does RaceRocks do?
RaceRocks was founded in 2010 in Victoria, Canada, as a provider of ARVR-based training for the aerospace and defence industries. Simulated learning environments are offered alongside data analytics tools within gamified virtual and augmented realities. Operations focus on superimposed simulations to support skill development and performance tracking in high-stakes sectors.
Who are the top competitors of RaceRocks?
RaceRocks's top competitors include Bolverk XR, Augmenti and Ravn.
What products or services does RaceRocks offer?
RaceRocks offers Training Solutions and Demos and Consultations.
Who are RaceRocks's investors?
RaceRocks has 1 investor. Key investors include Raven Capital.