Raven Tech

Beijing, China Founded: 2014 • Age: 12 yrs Acquired By Baidu
AI technologies are employed to develop consumer virtual assistant applications.
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About Raven Tech

Raven Tech is a company based in Beijing (China) founded in 2014 was acquired by Baidu in February 2017.. Raven Tech has raised $18.13 million across 3 funding rounds from investors including Baidu, DCM and Zhen Fund. The company has 1 employees as of March 23, 2024. Raven Tech operates in a competitive market with competitors including Together AI, Imbue, Anysphere, Bria and Predibase, among others.

  • Headquarter Beijing, China
  • Employees 1 as on 23 Mar, 2024
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Jurisdiction Secunderabad, Telangana, India
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $18.13 M (USD)

    in 3 rounds

  • Latest Funding Round
    $15 M (USD), Series A

    May 01, 2015

  • Investors
    Baidu

    & 4 more

  • Employee Count
    1

    as on Mar 23, 2024

  • Acquired by
    Baidu

    (Feb 16, 2017)

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Funding Insights of Raven Tech

Raven Tech has successfully raised a total of $18.13M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in May 2015. 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 Rounds 3
  • Last Round Series A — $15.0M
  • First Round

    (01 May 2014)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2015 Amount Series A - Raven Tech Valuation

investors

Mar, 2015 Amount Seed - Raven Tech Valuation Y Combinator
May, 2014 Amount Seed - Raven Tech Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Raven Tech

Raven Tech has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Baidu, DCM and Zhen Fund. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Tech-focused seed, early, and mid-stage VC investments are made globally.
Founded Year Domain Location
Tech & Offline focused Seed stage VC Firm investing primarily in Asia and the US
Founded Year Domain Location
Multiple sectors are invested in by this venture capital firm.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Raven Tech

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Raven Tech

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Raven Tech Comparisons

Employees
+
Add Comparison
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Competitors of Raven Tech

Raven Tech 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 Together AI, Imbue, Anysphere, Bria and Predibase, 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
AI research and model development services
domain founded_year HQ Location
Imbue is focused on building AI-driven coding environments.
domain founded_year HQ Location
AI tools and assistants to augment human capabilities
domain founded_year HQ Location
AI-based solutions are provided for creating customized visual content.
domain founded_year HQ Location
Provider of a low-code and cloud-based AI application development platform
domain founded_year HQ Location
Interpretability tools for generative AI models are developed and provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Raven Tech

Frequently Asked Questions about Raven Tech

When was Raven Tech founded?

Raven Tech was founded in 2014.

Where is Raven Tech located?

Raven Tech is headquartered in Beijing, China.

Is Raven Tech a funded company?

Raven Tech is a funded company, having raised a total of $18.13M across 3 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on May 01, 2014.

How many employees does Raven Tech have?

As of Mar 23, 2024, the latest employee count at Raven Tech is 1.

What does Raven Tech do?

Raven Tech was founded in 2014 in Beijing, China, and operates in the AI and consumer technology sector. The company is backed by Microsoft Ventures Accelerator and Y Combinator. General-purpose applications are developed using AI, including Flow (Eva), a task-based virtual assistant for iOS and Android platforms. Additionally, MusicFLow is provided as a speech-operated mobile app for mood-based music recommendations.

Who are the top competitors of Raven Tech?

Raven Tech's top competitors include Goodfire, Bria and Predibase.

Who are Raven Tech's investors?

Raven Tech has 5 investors. Key investors include Baidu, DCM, Zhen Fund, Matrix Partners China, and Y Combinator.

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