Ravin AI

SoftwareSeries AAustin, USravin.ai

Latest round

Series A

Last raised

Mar 2021

Total raised

$19M

Investors

4

About Ravin AI

Ravin AI Limited, founded in 2018 in Austin, US, offers technology for auto damage assessments and claims management.00 mn.Ravin AI specializes in advanced technology solutions for auto damage assessments and claims management, leveraging its core offerings: RAVIN Inspect™, RAVIN Eye™, and RAVIN AutoScan™. RAVIN Inspect™ is a mobile application that uses artificial intelligence for automated damage assessment, enabling insurers and fleet managers to efficiently evaluate vehicle conditions. RAVIN Eye™ acts as a comprehensive platform for reviewing damage and calculating repair costs, while RAVIN AutoScan™ improves inspections by converting standard CCTV cameras into vehicle scanners.Ravin AI operates on a B2B model, generating revenue through partnerships with insurers and automotive service providers that utilize their technology for auto damage assessments. Revenue derives from subscription-based access to their flagship products, including RAVIN Inspect™ and RAVIN Eye™, which provide clients with crucial tools for damage evaluation and claims management. The company is focusing on expanding its market reach, targeting new geographic regions and markets to introduce upcoming products designed to further streamline damage assessment processes, with specific plans to reach these new areas by the end of 2024.

Who invested in Ravin AI

4 investors across 2 rounds

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Funding rounds

  1. Series A

    Mar 16, 2021

    Amount

    $15M

    Investors

    Locked

  2. Seed

    May 21, 2019

    Amount

    $4M

    Investors

    Locked

Questions about Ravin AI

Who invested in Ravin AI?

Ravin AI has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Ravin AI raised?

Ravin AI has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Ravin AI last raise money?

Ravin AI's most recent round on record is a Series A, in Mar 2021.

What does Ravin AI do?

Ravin AI Limited, founded in 2018 in Austin, US, offers technology for auto damage assessments and claims management.

Where is Ravin AI headquartered?

Ravin AI is headquartered in Austin, US.

Which VCs invest in companies like Ravin AI?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Ravin AI's stage. Their profiles are linked below.

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