Raven Telemetry Secures $6.1M in Angel funding

Raven Telemetry, an Ottawa, Canada-based artificial intelligence company for manufacturing, raised $6.1m in equity financing.

Backers included Fresh Founders, Rob Lander, Luc Levesque, Rob Ashe, Jacket River, HBS Angel Investors of New York, and several others.

The company intends to use the funds to continue to expand operations and its business reach.

Led by Martin Cloake, CEO, Raven Telemetry uses mobile hardware, software, and cloud-based analytics driven by artificial intelligence for plant managers, supervisors, and machine operators at manufacturers to get real-time recommendations and productivity insights.
Launched in 2013, the company serves such clients as Hitachi, David’s Tea, Teledyne, and Danaher.

FinSMEs

02/05/2018

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