Raven Connected raised $10M in Series A funding led by Telus Global Ventures to grow its workforce by 25 percent and expand its technology and channel partnerships.
Jun 28, 2024•about 1 year ago
Amount Raised
$10 Million
Round Type
series a
Investors
Graphite VenturesCeltic House Venture PartnersExport Development Canada (Edc)Telus Global Ventures
Description
Raven Connected, an Ottawa-based connected car startup, has secured $10 million in Series A funding led by Telus Global Ventures. The company intends to use the funding to expand its third-party integration partners, introduce new artificial intelligence (AI) models, and grow its workforce by more than 25 percent over the coming year.
FundzWatch™ Score
10
Low Activity
1 total signals
Buyer Intent Analysis
Get personalized insights on buying likelihood
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech