Product Reports Resources Pricing Login Book a demo
COMPANY PROFILE

Raffle.ai

Explore full profile

Natural Language search for businesses

Copenhagen, DenmarkFounded 2018AI
Valuation $100–250M Last recorded · 2022
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Raffle.ai and the history behind them.

About Raffle.ai

Raffle.ai specializes in developing AI-powered search and chat solutions designed to enhance customer self-service and ticket deflection. The company serves a diverse range of clients, including municipalities, enterprises, and developers, who require efficient and reliable search functionalities. Operating in the artificial intelligence and machine learning market, Raffle.ai's core product offerings include the Raffle Search API and Raffle Insights API. These solutions provide fast, accurate search results with features like auto-complete and natural language processing, making it easier for users to find the information they need.

Raffle.ai's business model revolves around a subscription-based service, where clients pay for access to their APIs and additional features. Revenue is generated through these subscriptions, as well as through partnerships and referral programs. The company emphasizes a strong onboarding experience, ensuring clients understand the technical setup and can seamlessly integrate the solutions into their existing systems.

The company is built by industry-leading experts and fosters a culture that is open-minded, dynamic, and ambitious. Raffle.ai aims to deliver on its promises by actively listening to client needs and providing sustainable, attractive, affordable, safe, and compliant solutions.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Copenhagen, Denmark
Employees
21
Open positions
None listed
Dealroom signal
70.5/100
Sector
AI, Core AI, Chatbot, Natural Language Processing, Spinout, Edtech Related, Nordic Rising Star 2022, Top 50 Nordic Rising Star 2022 Denmark, Woman Founder, AI Applications
Technology
Artificial Intelligence, Deep Tech, Machine Learning
Business model
SaaS
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Jan 2022 $18M $72M K1 Investment Management ↗
SEED✓Equity / VC Jan 2020 $1.5M $6M PSV —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

Raffle.ai website traffic

Latest recorded traffic for Raffle.ai is 21K monthly website visits, down 44.7% over the last three months. Raffle.ai's team declined 12.5% over the past year.

Latest monthly visits21K 3-month web change-44.7% 1-year team growth-12.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • PSV

Series A1 investor entered at this stage

  • K1 Investment Management

Other known investors3 additional known investors

  • Technical University of Denmark
  • Export and Investment Fund of Denmark
  • Lars Staal Wegner MD
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇩🇰 Denmark86.7%
🇺🇸 United States6.7%
🇨🇭 Switzerland6.7%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Raffle.ai on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Raffle.ai’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.