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
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Sectors
Industrial Goods & ManufacturingTechnology
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Phone
*********
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Website
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Social
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- Legal Name Raven Telemetry
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.1 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series A
Jan 26, 2023
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Investors
Export Development Canada
& 11 more
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Employee Count
Employee Count
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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. 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.
Tracks overall equipment effectiveness to identify and reduce losses.
Labels downtime events with context for better production analysis.
Provides intuitive interfaces for capturing frontline operational insights.
Digitizes reports to replace spreadsheets and enhance decision-making.
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $12.0M
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First Round
First Round
(01 May 2018)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series A - Raven Telemetry | Valuation | Momenta , Chartline Capital Partners | |
| May, 2018 | Amount | Series A - Raven Telemetry | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 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. 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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Industrial impact investments are driven by Momenta in critical sectors.
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Founded Year | Domain | Location | |
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Diversified investments are managed in enterprise technology sectors.
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Founded Year | Domain | Location | |
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Provider of a venture capital firm that focuses on investing in early-stage technology startups
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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 Telemetry
| 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 |
Financial Statements - Raven Telemetry
| 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 Telemetry Comparisons
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. 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 |
Machine data is monitored and visualized to enhance manufacturing efficiency.
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| domain | founded_year | HQ Location |
IoT analytics software is offered for device manufacturers and designers.
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| domain | founded_year | HQ Location |
End to end IoT platform for asset monitoring
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| domain | founded_year | HQ Location |
Asset monitoring software is provided for industrial equipment optimization.
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| domain | founded_year | HQ Location |
Provider of robots, AI, and IIoT based solutions for mining industries
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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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Frequently Asked Questions about Raven Telemetry
When was Raven Telemetry founded?
Raven Telemetry was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Raven Telemetry located?
Raven Telemetry is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Who is the current CEO of Raven Telemetry?
Martin Cloake is the current CEO of Raven Telemetry.
Is Raven Telemetry a funded company?
Raven Telemetry is a funded company, having raised a total of $18.1M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.1M, raised on May 01, 2018.
What does Raven Telemetry do?
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.
Who are the top competitors of Raven Telemetry?
Raven Telemetry's top competitors include MachineMetrics, MoBagel and Elmodis.
What products or services does Raven Telemetry offer?
Raven Telemetry offers OEE Software, Automated Downtime Labeling, Smart Assistants, and Reporting Platform.
Who are Raven Telemetry's investors?
Raven Telemetry has 12 investors. Key investors include Export Development Canada, Momenta, Chartline Capital Partners, Celtic House Venture Partners, and Tobias Albin Lutke.