About Raven Industries
Raven Industries is a company based in Sioux Falls (United States) founded in 1956 was acquired by CNH Industrial in June 2021.. Raven Industries has completed 6 acquisitions, including AgSync, Colorado Lining and DOT Technology Corp. Raven Industries offers products and services including Slingshot®, VSN® Visual Guidance, and AutoBoom® XRT. Raven Industries operates in a competitive market with competitors including Naio Technologies, Niqo Robotics, iFarm, Saga Robotics and VERDANT ROBOTICS, among others.
- Headquarter Sioux Falls, United States
- Stage Public
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Sectors
AgricultureTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Raven Industries, Inc.
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Annual Revenue
$406.67 M8as on Jan 31, 2019
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Net Profit
$18.88 M-46as on Jan 31, 2021
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EBITDA
$55.13 M-7as on Jan 31, 2019
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Latest Funding Round
$100 M (USD), Debt – Conventional
Sep 23, 2019
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
AgSync
& 5 more
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Acquired by
CNH Industrial
(Jun 21, 2021)
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Products & Services of Raven Industries
Raven Industries offers a comprehensive portfolio of products and services, including Slingshot®, VSN® Visual Guidance, and AutoBoom® XRT. 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.
Platform for farm data management and operational efficiency.
System for precise field navigation and steering assistance.
Tool for automated boom control in crop protection.
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Funding Insights of Raven Industries
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $100.0M
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First Round
First Round
(23 Sep 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Debt – Conventional - Raven Industries | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Investors in Raven Industries
Raven Industries has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CNH Industrial. 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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Equipment and services for agriculture and construction are supplied.
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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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Founded Year | Domain | Location | |
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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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Founded Year | Domain | Location | |
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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 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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Autonomous farming solutions are provided through sensor-equipped robots.
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2017 | ||||
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Autonomous farm equipment platforms are developed for agricultural automation.
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2015 | ||||
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Vehicle automation technologies for heavy equipment are developed.
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2008 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Raven Industries
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Raven Industries Comparisons
Competitors of Raven Industries
Raven Industries 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 Naio Technologies, Niqo Robotics, iFarm, Saga Robotics and VERDANT ROBOTICS, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of automated farming solutions
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| domain | founded_year | HQ Location |
AI-based robotic solutions for farming weeders and sprayers are provided.
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| domain | founded_year | HQ Location |
Vertical farming technologies are developed by iFarm for sustainable agriculture.
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| domain | founded_year | HQ Location |
Robotic machines for automating farm operations are provided.
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| domain | founded_year | HQ Location |
AI-based robotic solutions for agricultural farm management are provided.
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| domain | founded_year | HQ Location |
Provider of an IoT solution to track on-farm inventory
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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 Raven Industries
Frequently Asked Questions about Raven Industries
When was Raven Industries founded?
Raven Industries was founded in 1956 and raised its 1st funding round 63 years after it was founded.
Where is Raven Industries located?
Raven Industries is headquartered in Sioux Falls, United States. It is registered at Sioux Falls, South Dakota, United States.
Who is the current CEO of Raven Industries?
Ralph Machio is the current CEO of Raven Industries.
What is the annual revenue of Raven Industries?
Annual revenue of Raven Industries is $406.67M as on Jan 31, 2019.
What does Raven Industries do?
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.
Who are the top competitors of Raven Industries?
Raven Industries's top competitors include BinSentry, iFarm and VERDANT ROBOTICS.
What products or services does Raven Industries offer?
Raven Industries offers Slingshot®, VSN® Visual Guidance, and AutoBoom® XRT.
How many acquisitions has Raven Industries made?
Raven Industries has made 6 acquisitions, including AgSync, Colorado Lining, and DOT Technology Corp.
Who are Raven Industries's investors?
Raven Industries has 1 investor. Key investors include CNH Industrial.