About Raycast
Raycast is a company based in London (United Kingdom) founded in 2020 by Petr Nikolaev and Thomas Paul Mann.. Raycast has raised $47.83 million across 4 funding rounds from investors including Atlassian, Accel and Atomico. Raycast offers products and services including Raycast Launcher, AI Extensions, Snippets, and Quicklinks.
- Headquarter London, United Kingdom
- Founders Petr Nikolaev, Thomas Paul Mann
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Raycast Technologies Ltd.
- Date of Incorporation 09 Jan, 2020
- Jurisdiction ALTRINCHAM, CHESHIRE, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$47.83 M (USD)
in 4 rounds
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Latest Funding Round
$30 M (USD), Series B
Sep 25, 2024
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Investors
Atlassian
& 19 more
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Employee Count
Employee Count
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Products & Services of Raycast
Raycast offers a comprehensive portfolio of products and services, including Raycast Launcher, AI Extensions, Snippets, and Quicklinks. 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.
App for fast keyboard-based app access and workflow automation
Features for AI-assisted searches and task automation
Tool for inserting reusable text quickly in workflows
System for launching apps and links from anywhere
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Funding Insights of Raycast
Raycast has successfully raised a total of $47.83M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in September 2024. 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 4
- Last Round Series B — $30.0M
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First Round
First Round
(18 Mar 2020)
- Investors Count 20
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series B - Raycast | Valuation | Atomico | |
| Nov, 2021 | Amount | Series A - Raycast | Valuation | Accel , Coatue | |
| Oct, 2020 | Amount | Seed - Raycast | Valuation | Accel |
| 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 Raycast
Raycast has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Atlassian, Accel and Atomico. 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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Tech-based companies are invested in by Atomico venture capital fund.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Provider of an investment platform for various stages
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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 Raycast
| 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 - Raycast
| 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 |
Raycast Comparisons
Competitors of Raycast
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Raycast
Frequently Asked Questions about Raycast
When was Raycast founded?
Raycast was founded in 2020.
Where is Raycast located?
Raycast is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Raycast?
Thomas Paul Mann is the current CEO of Raycast. They have also founded this company.
Is Raycast a funded company?
Raycast is a funded company, having raised a total of $47.83M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.7M, raised on Mar 18, 2020.
What does Raycast do?
Raycast was founded in 2020 and is headquartered in London, United Kingdom. Operations focus on developer tools within the software sector, where a command line interface is utilized for source code location and management. Features encompass optimization, secure storage with encryption, tracking prevention, and web application integration. Stack workflows can be searched, and applications deployed through the platform.
What products or services does Raycast offer?
Raycast offers Raycast Launcher, AI Extensions, Snippets, and Quicklinks.
Who are Raycast's investors?
Raycast has 20 investors. Key investors include Atlassian, Accel, Atomico, Coatue, and Y Combinator.