How Raffle hit $1.7M revenue and 50 customers in 2023.
Shortcut to knowledge. Enterprise Search
2018
Founded
$1.7M
2023 Revenue
57.03%
YOY
$3.5M
Funding
Raffle Revenue
In 2023, Raffle revenue run rate hit $1.7M in revenue.
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2023
Raffle hit $1.7M in revenue in 2023
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2022
Raffle hit $1.1M in revenue in 2022
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2022
Raffle hit $1.1M in revenue in 2022
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2021
Raffle hit $950K in revenue in 2021
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2021
Raffle hit $950K in revenue in 2021
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2020
Raffle hit $250K in revenue in 2020
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2018
Raffle launched in 2018 with $0 revenue
Raffle Funding History
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2022 Series A
Raffle raised a Series A of in January, 2022
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2020 Seed
Raffle raised a Seed of in October, 2020
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2018 Pre Seed
Raffle raised a Pre Seed of in October, 2018
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| January, 12 2022 | Series A | ||
| October, 13 2020 | Seed | ||
| October, 01 2018 | Pre Seed |
Team
Raffle has 31 total employees. They have 50 customers an engineering team of 12
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 31 |
| Engineer | 12 (39%) |
Founder / CEO
Suzanne Lauritzen
In 2018 I joined forces with Professor Ole Winther from DTU and founded raffle.ai. raffle deploys intelligent search tools for Customer Service, that gives instant, correct answers to your customers and employees, while picking up great insights on customer needs and employee satisfaction. raffle reduces calls, live chats and emails by 24% and unlocks a constant re-learning circle. At the same time employees save 80% of their internal search time and get up to speed with new knowledge quickly. raffle.ai has raised €3,5 mill within the first 24 months (by August 1, 2020) and aims for a Series A round late 2021.
Q&A
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What's your age?
49
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Favorite online tool?
Linkedin
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Favorite book?
Thinking Fast and Slow
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Favorite CEO?
No
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Advice for 20 year old self
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Customers
Churn
Raffle Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Suzanne Lauritzen | CEO | [email protected] | - |
Raffle Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Suzanne Lauritzen | CEO | [email protected] | - |
Frequently Asked Questions about Raffle
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When was Raffle founded?
Raffle was founded in 2018.
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How much revenue does Raffle generate?
Raffle generates $1.7M in revenue.
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Who is the CEO of Raffle
The CEO of Raffle is Suzanne Lauritzen.
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How much funding does Raffle have?
Raffle raised $3.5M.
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How many employees does Raffle have?
Raffle has 31 employees.
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Where is Raffle headquarters?
Raffle is headquartered at Denmark
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