About Raven Industries
Raven Industries is an Agriculture company based in Sioux Falls (United States) founded in 1956, and was acquired by CNH Industrial in June 2021. High-altitude balloons and tracking technologies are developed. It operates in the Agriculture and Technology sectors. Raven Industries has completed 6 acquisitions, including AgSync, Colorado Lining and DOT Technology Corp. Its chief executive, as recorded, is Ralph Machio. Its website ravenind.com draws about 34 thousand monthly visits. Raven Industries offers products and services including Slingshot®, VSN® Visual Guidance, and AutoBoom® XRT. Its focus areas include Food and Agriculture Tech, Crop Tech, Autonomous Farming and Diversified. Its legal entity is Raven Industries, Inc. Its competitors include VERDANT ROBOTICS and Bonsai Robotics; 2 of its 2 listed competitors have raised funding.
Company details
Raven Industries was founded in 1956 and is headquartered in Sioux Falls, United States. High-altitude pressure balloons are manufactured for applications in metrology, security, and infrastructure protection through a wholly owned subsidiary, Aerostar International. Smart sensor radar systems are also produced, featuring algorithms for long-range detection of targets and movements over land and water. Operations focus on aerospace and surveillance technologies.
- Headquarters Sioux Falls, United States
- Stage Acquired
- SectorsAgricultureTechnology
- Email••••••••
- Phone•••• ••••
- Website ravenind.com
- Social LinkedIn X Facebook Instagram
- Acquired by CNH Industrial (Jun 2021)
- Legal Name Raven Industries, Inc.
- Annual Revenue$406.67 M (USD)8as on Jan 31, 2019
- Net Profit$18.88 M (USD)-46as on Jan 31, 2021
- EBITDA$55.13 M (USD)-7as on Jan 31, 2019
- Latest Funding Round$100M (USD), Debt – Conventional
Sep 2019
- Investors
- Investments & AcquisitionsAgSync
& 5 more
- Acquired byCNH Industrial
(Jun 2021)
Products & Services of Raven Industries
Raven Industries offers a comprehensive portfolio of products and services, including Slingshot®, VSN® Visual Guidance, and AutoBoom® XRT.
Platform for farm data management and operational efficiency.
System for precise field navigation and steering assistance.
Tool for automated boom control in crop protection.
Funding Insights of Raven Industries
- Total Rounds 1
- Last Round Debt – Conventional — $100M
- First Round $100M
(Sep 2019)
All 1 funding rounds of Raven Industries with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $100M | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in Raven Industries
Raven Industries has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CNH Industrial.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Equipment and services for agriculture and construction are supplied. | 2012 | cnhindustrial.com | London, United Kingdom |
Investor details for Raven Industries
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People of Raven Industries
119 people are tracked at Raven Industries (9 in leadership, 110 in team).
| Name | Role | Group |
|---|---|---|
Ralph Machio | CEO | Leadership |
James Whyte | CEO | Leadership |
Dan Rykhus | President & CEO | Leadership |
Jared Kocer | Director Of Technology Solutions | Leadership |
Michael J Toutant | Vice President International Sales | Leadership |
Mark West | CTO | Leadership |
David Fowler | Chief Engineer Advanced Product Development | Leadership |
Tia Muller | Director - Global OEM Sales | Leadership |
Michael Schwartz | Aerostar Technical Solutions General Manager | Leadership |
Ryan Abel | Principal Software Architect | Team |
Jon Greene | Sr. Software Engineer | Team |
Adam Scott | Senior Software Engineer | Team |
Rachel Lauer | Manufacturing Engineer I | Team |
John Bisignano | Senior Software Engineer | Team |
Ben Gundermann | Senior Design Engineer | Team |
Ron Morfitt | Research Engineer | Team |
Dante Tezza | Senior Software Engineer | Team |
Sailendra Karra | Software Engineer II (mission Planning) | Team |
Timothy Duke | Software Engineer | Team |
Christopher Cornell | Software Engineer | Team |
99 more people are available in the full profile.
Complete people profiles for Raven Industries
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Investments & Acquisitions by Raven Industries
Raven Industries has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include AgSync, Colorado Lining and DOT Technology Corp.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Vehicle automation technologies for heavy equipment are developed. | jaybridge.com | Cambridge, United States | 2008 | Apr 2021 | •••• | |
Autonomous farm equipment platforms are developed for agricultural automation. | smart-ag.com | Ames, United States | 2015 | Nov 2019 | •••• | |
Autonomous farming solutions are provided through sensor-equipped robots. | seedotrun.com | Regina, Canada | 2017 | Oct 2019 | •••• | |
Resource management software for the agriculture industry | agsync.com | Wakarusa, United States | 2007 | Dec 2018 | •••• | |
Liners, films, and geomembrane services are provided for various applications. | coloradolining.com | Parker, United States | 1978 | Aug 2017 | $14M | |
Primary research services and industry leader networks are provided. | vistaresearch.com | New York, United States | 2001 | Jan 2012 | $12M |
Complete acquisition details for Raven Industries
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- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Raven Industries
10 dated milestones of Raven Industries across 65 years, from founding to its latest funding, stage changes and deals.
- Founded Raven Industries is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Vista Research.
- Acquisition Acquires Colorado Lining.
- Acquisition Acquires AgSync.
- Funding First funding round of $100.0M.
- Acquisition Acquires DOT Technology Corp.
- Acquisition Acquires Smart Ag.
- Acquisition Acquires Jaybridge.
- Exit Acquired by CNH Industrial.
Competitors of Raven Industries
Raven Industries has 2 listed competitors in our database, 2 of them funded. They include VERDANT ROBOTICS and Bonsai Robotics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| verdantrobotics.com | 2018 | San Francisco, United States | $58M | 34 | AI-based robotic solutions for agricultural farm management are provided. | |
| bonsairobotics.ai | 2022 | San Jose, United States | $28.5M | AI-based automation solutions for orchard farms are provided. |
Detailed competitors of Raven Industries
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Web traffic of Raven Industries
The website of Raven Industries (ravenind.com) receives about 33.8K visits a month.
- Monthly visits33.8K
▲ 2.4% vs previous month
Websites whose visitors overlap most with Raven Industries. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
erosioncontrolblanket.com | erosioncontrolblanket.com | 100% | – | ||
| skaps.com | 89% | #2,105,318 | View details | ||
| synteen.com | 88% | View details | |||
geotextile.com | geotextile.com | 88% | – | ||
raven.com | raven.com | 59% | #1,476,508 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Raven Industries
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- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Crop Tech & Equipment
3 companies that operate in the same segment as Raven Industries (Crop Tech & Equipment) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of plant-based food ingredients | 2012 | St. Louis, Missouri, United States | USD 406.99 M | USD 470 M | ||
Robotic equipment for automating weeding on vegetable farms is developed. | 2016 | San Francisco, California, United States | USD 139.96 M | 73 | ||
Provider of farmers networking platform | 2014 | San Carlos, California, United States | USD 981.09 M | 808 |
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Related news about Raven Industries
Complete news archive for Raven Industries
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Frequently Asked Questions about Raven Industries
Raven Industries was founded in 1956 and raised its 1st funding round 63 years after it was founded.
Raven Industries is headquartered in Sioux Falls, United States. It is registered at Sioux Falls, South Dakota, United States.
Ralph Machio is the CEO of Raven Industries, as recorded in our data.
Annual revenue of Raven Industries is $406.67M as on Jan 31, 2019.
Raven Industries was founded in 1956 and is headquartered in Sioux Falls, United States. High-altitude pressure balloons are manufactured for applications in metrology, security, and infrastructure protection through a wholly owned subsidiary, Aerostar International. Smart sensor radar systems are also produced, featuring algorithms for long-range detection of targets and movements over land and water. Operations focus on aerospace and surveillance technologies.
Raven Industries's top competitors include VERDANT ROBOTICS and Bonsai Robotics.
Raven Industries offers Slingshot®, VSN® Visual Guidance, and AutoBoom® XRT.
Raven Industries has made 6 acquisitions, including AgSync, Colorado Lining, and DOT Technology Corp.
Raven Industries has 1 investor. Key investors include CNH Industrial.
Raven Industries operates through Raven Industries, Inc..
Yes. Raven Industries was acquired by CNH Industrial in June 2021.