Raven Telemetry

Ottawa, Canada Founded: 2013 • Age: 13 yrs
Real-time asset monitoring is provided via a cloud-based AI platform.
Annual revenue - Latest available
Total funding $18.1M 2 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Raven Telemetry

Raven Telemetry is a company based in Ottawa (Canada) founded in 2013. Raven Telemetry has raised $18.1 million across 2 funding rounds from investors including Export Development Canada, Momenta and Chartline Capital Partners. Raven Telemetry offers products and services including OEE Software, Automated Downtime Labeling, Smart Assistants, and Reporting Platform. Raven Telemetry operates in a competitive market with competitors including MachineMetrics, MoBagel, Flutura, Adapdix and Zyfra, among others.

  • Headquarter Ottawa, Canada
  • Sectors
    Industrial Goods & Manufacturing
    Technology
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  • Website
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  • Legal Name Raven Telemetry
Operational Areas
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $18.1 M (USD)

    in 2 rounds

  • Latest Funding Round
    $12 M (USD), Series A

    Jan 26, 2023

  • Investors
  • Employee Count
    Not available
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Products & Services of Raven Telemetry

Raven Telemetry offers a comprehensive portfolio of products and services, including OEE Software, Automated Downtime Labeling, Smart Assistants, and Reporting Platform.

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Primary

Tracks overall equipment effectiveness to identify and reduce losses.

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Labels downtime events with context for better production analysis.

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Provides intuitive interfaces for capturing frontline operational insights.

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Digitizes reports to replace spreadsheets and enhance decision-making.

People of Raven Telemetry

Headcount 10-50
Employee Profiles 12
Employee Profiles
People
Ajay Krishnan
VP of Special Projects
People
Braden Stenning
CTO
People
Rob Lander
Chief Strategy Officer
People
Martin Cloake
CEO

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Funding Insights of Raven Telemetry

Raven Telemetry has successfully raised a total of $18.1M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in January 2023. 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 Raven Telemetry

Raven Telemetry has secured backing from 12 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Export Development Canada, Momenta and Chartline Capital Partners.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Industrial impact investments are driven by Momenta in critical sectors.
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Diversified investments are managed in enterprise technology sectors.
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Provider of a venture capital firm that focuses on investing in early-stage technology startups
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Investor details for Raven Telemetry

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Investments & Acquisitions by Raven Telemetry

Investments
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Investment portfolio details for Raven Telemetry

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  • Transaction dates
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Financial Statements - Raven Telemetry

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Detailed financials for Raven Telemetry

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Raven Telemetry Comparisons

Raven Telemetry Primary company
Description
Real-time asset monitoring is provided via a cloud-based AI ...
Location
Ottawa, Canada
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Raven Telemetry

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Competitors of Raven Telemetry

Raven Telemetry 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 MachineMetrics, MoBagel, Flutura, Adapdix and Zyfra, among others.

Company Name Domain Founded year HQ Location Description
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Machine data is monitored and visualized to enhance manufacturing efficiency.
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IoT analytics software is offered for device manufacturers and designers.
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End to end IoT platform for asset monitoring
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Asset monitoring software is provided for industrial equipment optimization.
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Provider of robots, AI, and IIoT based solutions for mining industries
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Detailed competitors of Raven Telemetry

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Latest news on Raven Telemetry

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Complete news archive for Raven Telemetry

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Frequently Asked Questions about Raven Telemetry

Raven Telemetry was founded in 2013 and raised its 1st funding round 5 years after it was founded.

Raven Telemetry is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.

Martin Cloake is the current CEO of Raven Telemetry.

Raven Telemetry is a funded company, having raised a total of $18.1M across 2 funding rounds to date.

Raven Telemetry was founded in 2013 in Ottawa, Canada, within the industrial IoT sector. A cloud-based platform is operated to monitor assets through connected machines. Data including uptime, counts, and error codes is collected and transmitted to the cloud for analysis. Artificial intelligence is applied to identify patterns, predict machine performance, and enable escalations for issues. Access is structured on a subscription-based model.

Raven Telemetry's top competitors include MachineMetrics, MoBagel and Elmodis.

Raven Telemetry offers OEE Software, Automated Downtime Labeling, Smart Assistants, and Reporting Platform.

Raven Telemetry has 12 investors. Key investors include Export Development Canada, Momenta, Chartline Capital Partners, Celtic House Venture Partners, and Tobias Albin Lutke.

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