RateIt

Melbourne, Australia Founded: 2016 • Age: 10 yrs
Feedback solutions are provided to offline businesses through omnichannel channels.
Annual revenue $151,560 Latest available
Total funding $5.0M 1 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About RateIt

RateIt is a company based in Melbourne (Australia) founded in 2016. RateIt has raised $5 million across 1 funding round from investors including TPG, Wavemaker Partners and Tin Men Capital. RateIt offers products and services including RateIt Platform, Engage, Understand, Act, and Accelerate. RateIt operates in a competitive market with competitors including ActiveCampaign, Zendesk, Verint, Klaviyo and Clarabridge, among others.

  • Headquarter Melbourne, Australia
  • Sectors
    Technology
    Retail
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Retail → Retail Technology & Automation Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $151.56 K (USD)
    0
    as on Jun 30, 2019
  • Net Profit
    $12.73 K (USD)
    125
    as on Jun 30, 2019
  • EBITDA
    Not available
  • Total Equity Funding
    $5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5 M (USD), Series A

    Aug 21, 2019

  • Investors
    TPG

    & 5 more

  • Employee Count
    Not available
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Products & Services of RateIt

RateIt offers a comprehensive portfolio of products and services, including RateIt Platform, Engage, Understand, Act, and Accelerate.

Product name locked
Category locked
Primary

Tool for capturing and analyzing customer feedback across channels.

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Feature to collect insights at various customer touchpoints.

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System for interpreting customer sentiments and themes.

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Module to implement changes based on feedback data.

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Tool to monitor and enhance business metrics from CX efforts.

People of RateIt

Headcount 10-50
Employee Profiles 1
Employee Profiles
People
Michael Momsen
Founder & CEO

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Teams

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Funding Insights of RateIt

RateIt has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in August 2019. 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.

Investors in RateIt

RateIt has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include TPG, Wavemaker Partners and Tin Men Capital.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital is provided to B2B technology companies in South-East Asia.
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Investments in early-stage technology companies are made by Wavemaker Partners.
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Venture capital firm focused on multiple sectors
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Investor details for RateIt

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by RateIt

Investments
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Investment portfolio details for RateIt

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Financial Statements - RateIt

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Detailed financials for RateIt

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  • Profit trends
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Rateit Comparisons

RateIt Primary company
Description
Feedback solutions are provided to offline businesses throug...
Location
Melbourne, Australia
Founded Year
2016
Annual Revenue
$151.56 K (USD)
Net Profit
$12.73 K (USD)
EBITDA
Not available
Employees
Not available
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Peer comparison for RateIt

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of RateIt

RateIt 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 ActiveCampaign, Zendesk, Verint, Klaviyo and Clarabridge, among others.

Company Name Domain Founded year HQ Location Description
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Sales, CRM, and email marketing automation software is provided.
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Cloud-based customer service platform is offered for business engagement.
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AI-powered customer experience automation solutions are provided by Verint.
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SaaS email marketing solutions are offered to e-commerce businesses.
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Customer intelligence platform on cloud
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Cloud-based customer experience management software is provided for brands.
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Detailed competitors of RateIt

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Latest news on Rateit

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Complete news archive for RateIt

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about RateIt

RateIt was founded in 2016 and raised its 1st funding round 3 years after it was founded.

RateIt is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

RateIt is a funded company, having raised a total of $5M across 1 funding round to date.

Annual revenue of RateIt is $151.56K as on Jun 30, 2019.

RateIt was founded in 2016 in Melbourne, Australia, as a provider of feedback solutions for offline businesses. Omnichannel options, including in-store kiosks, web-based, SMS, and email surveys, are offered. Features such as NPS surveys, text analytics, integrations, biometric validation, and customizable reports are included. Analytics derived from customer feedback are also provided to support business operations.

RateIt's top competitors include Klaviyo, Yotpo and Zendesk.

RateIt offers RateIt Platform, Engage, Understand, Act, and Accelerate.

RateIt has 6 investors. Key investors include TPG, Wavemaker Partners, Tin Men Capital, Koh Boon Hwee, and Steve Melhuish.

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