Ravean

Provo, United States Founded: 2015 • Age: 11 yrs
Battery-powered heated jackets are sold online by Ravean.

About Ravean

Ravean is a Retail company based in Provo (United States) founded in 2015. It operates as a battery-powered heated jackets are sold online by Ravean. It operates in the Retail and Technology sectors. Ravean has raised $120 thousand across 1 funding round. The company has 185 employees. Its focus areas include High Tech, Wearable Technology, Smart Clothing and Accessories and Smart Jackets. Its legal entity is Duralogic USA Inc. Its competitors include Lumenus, Hoodie Buddie, BackFlare and Narvik.

Company details

Ravean has developed a range of heated jackets. Users can adjust the temperature settings and heated area. These jackets have heated gloves which work only when connected to the jacket. These jackets are washable and come with a 5 year warranty. The battery of the jacket can also be used to charge phone. They raised more than 1.5M on their campaign on Indiegogo and around 1.3M on Kickstarter.

  • Headquarters Provo, United States
  • Employees 185
  • Sectors
    Retail
    Technology
  • Website ravean.com
  • Social X
  • Legal Name Duralogic Usa Inc
Key Metrics
  • Annual Revenue
    $2.58 M (USD)
    7
    as on Dec 31, 2018
  • Net Profit
    $176.19 K (USD)
    960
    as on Dec 31, 2018
  • Total Equity Funding
    $120K (USD)

    in 1 rounds

  • Latest Funding Round
    $120K (USD), Seed

    Mar 2018

  • Employee Count
    185

Funding Insights of Ravean

Ravean has successfully raised a total of $120K through 1 strategic funding round. The most recent funding activity was a Seed round of $120 thousand completed in March 2018. 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 $120,000
  • Total Rounds 1
  • Last Round Seed β€” $120,000
  • First Round $120,000

    (Mar 2018)

All 1 funding rounds of Ravean with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2018$120,000Seed––
–

People of Ravean

1 people are tracked at Ravean (1 in leadership); the tracked headcount is 185.

NameRoleGroup
Mark Thomas
CEOLeadership
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Timeline of Ravean

2 dated milestones of Ravean across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ravean is founded.
  2. Funding First funding round of $120K.

Competitors of Ravean

Ravean has 4 listed competitors in our database. They include Lumenus, Hoodie Buddie, BackFlare and Narvik, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
lumenus.com2015Los Angeles, United States––
Features a smart jacket with navigation assistance technology.
hoodiebuddie.com2009Los Angeles, United States––
Manages a direct-to-consumer brand specializing in smart apparel.
backflare.com2013Heights, United States––
Offers smart apparel designed for enhanced safety for motorbikers.
narvikworks.com2016The Woodlands, United States––
Provides a proprietary brand of high-quality jackets.
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Detailed competitors of Ravean

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  • Operating metrics
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Top companies in Fashion & Lifestyle E-Commerce

10 companies that operate in the same segment as Ravean (Fashion & Lifestyle E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Eyewear is offered online for men, women, and kids.
2010Gurugram, Haryana, IndiaUSD 1.04 BUSD 939.4 M18,984
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed.
2019Bengaluru, Karnataka, IndiaUSD 142.34 MUSD 32.66 M711
Photo editing and sharing apps are developed by Meitu.
2008Xiamen, Fujian, ChinaUSD 525 MUSD 536.99 M719
Subscription-based jewelry is provided by digital-first brand BlueStone.
2011Bengaluru, Karnataka, IndiaUSD 254.97 MUSD 259.64 M3,210
Men's fashion apparel is offered online by Bonobos.
2007New York, New York, United StatesUSD 127.67 M––
Metabolic health is tracked via devices and fitness platforms.
2019Bengaluru, Karnataka, IndiaUSD 163.28 MUSD 65.48 M274
Pre-owned fashion products are sold via an online marketplace.
2008Vilnius, Vilnius County, LithuaniaUSD 872.04 MUSD 2 M4,595
Online rental platform offering multi-category fashion products and accessories
2009New York, New York, United StatesUSD 326.35 MUSD 306.2 M887
Customizable smart lock screen experiences are developed for mobile devices.
2019Bengaluru, Karnataka, IndiaUSD 390 MUSD 73.11 M493
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Frequently Asked Questions about Ravean

Ravean was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Ravean is headquartered in Provo, United States. It is registered at Provo, Utah, United States.

Ravean is a funded company, having raised a total of $120K across 1 funding round to date. The company's 1st funding round was a Seed of $120K, raised on Mar 2018.

Ravean has 185 employees.

Annual revenue of Ravean is $2.58M as on Dec 31, 2018.

Ravean has developed a range of heated jackets. Users can adjust the temperature settings and heated area. These jackets have heated gloves which work only when connected to the jacket. These jackets are washable and come with a 5 year warranty. The battery of the jacket can also be used to charge phone. They raised more than 1.5M on their campaign on Indiegogo and around 1.3M on Kickstarter.

Ravean's top competitors include Lumenus, Hoodie Buddie and BackFlare.

Ravean operates through Duralogic Usa Inc.

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