# raven.ai: Machinery, Ottawa, Canada

> raven.ai: Raven.ai is an Industry 4.0 technology company based in Ottawa, Ontario, specializing in manufacturing technology. Based in Ottawa, Canada.

Source: https://millionrounds.com/startup/raven-ai (Millionrounds; every figure on the page links to its filing or article)

Canada · [Machinery startup](https://millionrounds.com/companies)

# raven.ai

Raven.ai is an Industry 4.0 technology company based in Ottawa, Ontario, specializing in manufacturing technology.

Email

Funding reported Last round: Series A

Machinery Ottawa, Canada

Follow raven.ai and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fstartup%2Fraven-ai)

Company summary

- **Founded:** 2013 13 years old
- **Team:** 27 11 to 50 people
- **Funding reported:** 12M as listed, currency not stated
- **Last round:** Series A Jan 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for raven.ai has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About raven.ai

Raven.ai is an Industry 4.0 technology company based in Ottawa, Ontario, specializing in manufacturing technology.

Founded in 2013, the company offers a cloud-based software platform that focuses on Overall Equipment Effectiveness (OEE) and continuous improvement for manufacturers worldwide. In January 2023, Raven.ai completed a Series A financing round, raising $12 million USD to support its growth. The platform integrates machine data with insights from operators to provide real-time, contextualized visibility into production processes. Key features include automated contextualization of data, precise tracking of OEE losses, and real-time analytics that offer actionable recommendations for plant managers, supervisors, and machine operators. Raven.ai serves a diverse range of industries, including discrete manufacturing, food and beverage, pharmaceuticals, agri-food, and healthcare, empowering frontline operations on the shop floor.

## What company datasets say raven.ai raised

Funding, as reported

Reported in all **12M** in the source's currency

Last round **Series A**

Last round size **12M**

Last round date **Jan 2023**

## On 5 portfolio pages

Investors who name them

- [Chartline](https://millionrounds.com/fund/chartline)
- [Maple Leaf Angels](https://millionrounds.com/fund/maple-leaf-angels)
- [McNamara Family Investments](https://millionrounds.com/fund/mcnamara-family-investments)
- [Capital Angel Network](https://millionrounds.com/fund/capital-angel-network)
- [0MC Capital](https://millionrounds.com/fund/0mc-capital)

Each firm lists raven.ai on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

changeover (smed) monitoring industrial automation health care consumers continuous improvement transportation_logistics manufacturing process optimization distribution manufacturing performance analytics operator empowerment real-time alerts internet of things augmented management information technology & services automated downtime labeling

Built with from their website

Google Workspace WP Engine OpenAI AI Google Meet Ollama MySQL Amazon Route 53 Anthropic Claude TypeScript

+8 more

Django Amazon AWS Python Wordpress Erlang AWS Cloud PHP Mailgun

- **Sector:** Machinery
- **Industry code:** NAICS 33324, 513210, 541512, SIC 3571, 7372, 7373
- **Region:** Ontario
- **Revenue:** 3.1M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/raven-ai)

## Machinery in Canada

Startups like it

- [**Kinova** Boisbriand · founded 2006 *Raised*](https://millionrounds.com/company/kinova)
- [**Attabotics** Calgary · founded 2016 *Raised*](https://millionrounds.com/company/attabotics)
- [**Robotiq** Saint-Nicolas · founded 2008 *Raised*](https://millionrounds.com/company/robotiq)
- [**Vention** Montreal · founded 2016 *Raised*](https://millionrounds.com/company/vention)
- [**Degelman Industries LP** Startup](https://millionrounds.com/startup/degelman-industries-lp)
- [**JLD - Laguë (John Deere dealer)** Laval · founded 1972](https://millionrounds.com/startup/jld-lagu-john-deere-dealer)
- [**Laserax** Quebec City · founded 2010](https://millionrounds.com/startup/laserax)
- [**Maneva** Toronto · founded 2022](https://millionrounds.com/startup/maneva)

## Is this your company?

Add your raise, your deck and your story, and put raven.ai in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)