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.
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.
06/28/24, 6:19 PM
Location
ottawaMoney raised
$10 million
Industry
automotive
Round Type
series a
Investors
Graphite Ventures, Celtic House Venture Partners, Export Development Canada (Edc), Telus Global Ventures
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.
Company Info
Location
ottawa, ontario, canada
Additional Info
Raven Connected is an Ottawa-based startup founded in 2016 that provides AI and internet-of-things (IoT) smart vehicle technology, particularly in video telematics such as dashcams. Its solutions include live GPS tracking, vehicle diagnostics, and a dual dash cam in order to help businesses monitor and analyze their vehicles and drivers, as well as keep track of any incidents.