# Raven Connected

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/raven-connected

- Industry: Software
- Headquarters: Ottawa, Canada
- Website: www.ravenconnected.com
- Total disclosed funding: $10M
- Latest round: Series A (Jun 27, 2024)
- Investors on record: 4

## About

Founded in 2015 and based in Ontario, Canada, Raven Connected, Inc. operates as a technology company that offers artificial intelligence-based video telematics solutions. The company was founded by its CEO, Dan Carruthers. In June 2024, Raven Connected, Inc. raised USD 10 million in series funding led by TELUS Ventures, Export Development Canada, Celtic House Venture Partners, and Graphite Ventures.

Raven uses artificial intelligence and IoT-based vehicle technology to provide users with real-time video telematics solutions and LTE-connected vehicle solutions for both personal and business use. The firm’s product, Raven, uses dual HD dash cameras to provide live and historic views into the vehicle and accountability for the driver. The firm sells OBDII cables, OBDII adapters, and OBDII extension cables through its e-commerce platform. In addition, the company offers a mobile application for both Android and iOS users.

The company generates revenue by offering its services on a subscription-based pricing plan. The plans include personal (USD 19.95–USD 349) and business (USD 29.95–USD 399).

The company plans to use the funds raised in June 2024 to support the development of the company's technology.

## Funding rounds

- Series A, Jun 27, 2024, $10M — Celtic House Venture Partners, Export Development Canada, TELUS Ventures, Graphite Ventures

## Investors

- Celtic House Venture Partners (https://capitalatlas.ai/funds/celtic-house-venture-partners) — Series A
- Export Development Canada — Series A
- TELUS Ventures (https://capitalatlas.ai/funds/telus-ventures) — Series A
- Graphite Ventures (https://capitalatlas.ai/funds/graphite-ventures) — Series A