Raffle logo
Founded 2018


2020 Revenue





How Raffle hit $250.0K in Revenue with 7 Customers in 2020.

About Raffle

Shortcut to knowledge

Monthly Revenue


Total Expenses


Net Income


Ebidta Margin


YOY Growth

Rule of 40


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Raffle CEO Suzanne Lauritzen on 10/13/2020

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Raffle Revenue

In 2020, Raffle revenue run rate hit $250.0K in revenue.


Raffle Valuation and Funding History

Raffle has raised a total of $3.5M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation


Raffle has 7 customers.

Lifetime Months

Monthly ARPU


Lifetime Dollars

Acquisition Cost

Average Annual Price




Raffle has an annual churn rate of 0.00%

Churn vs Expansion

Gross Annual Dollar Churn


Annual Dollar Expansion


Net Revenue Retention




Raffle has 23 employees. They have 5 sales reps that carries a quota and an engineering team of 18.


Total Team Size



18 (78%)






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.


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Frequently Asked Questions about Raffle

When was Raffle founded?

Raffle was founded in 2018.

Who is the CEO of Raffle?

The CEO of Raffle is Suzanne Lauritzen

How many employees does Raffle have?

Raffle has 23 employees.

How much revenue does Raffle generate?

Raffle generates $250.0K in revenue.

How much funding does Raffle have?

Raffle has raised $3.5M.

Where is Raffle headquarters?

Raffle is headquartered at Denmark

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