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Raffle - About the company

Raffle is a series A company based in Denmark, founded in 2018 by Claus Troels Hansen. It operates as an AI-based platform for knowledge management. Raffle has raised $19.5M in funding from K1 Investment Management, with a current valuation of $*****. The company has 900 active competitors, including 153 funded and 71 that have exited. Its top competitors include companies like Glean, Elastic and You Technologies.

Company Details

AI-based platform for knowledge management. It offers tools for customer service agents. It enables customer support agents to manage complex cases and assist them in finding the correct information to answer customer queries. It helps to improve customer satisfaction, reduce the time for internal teams, and deliver insights.
Website
raffle.ai
Social
X
Email ID
*****@raffle.ai
Phone Number
+45 **********
Key Metrics
Founded Year
2018
Location
Stage
Series A
Total Funding
$19.5M in 3 rounds
Latest Funding Round
Ranked
Employee Count
19 as on Aug 31, 2026
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Raffle's funding and investors

Raffle has raised a total funding of $19.5M over 3 rounds. Its first funding round was on Mar 25, 2019. Its latest funding round was a Series A round on Feb 01, 2022 for $*****. 1 investor participated in its latest round. Raffle has 3 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Raffle:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 01, 2022
7514208
Series A
4266878
3806145
9620835
5887858
Jan 24, 2020
3903022
Seed
7963085
7827522
6960968
8365248
Mar 25, 2019
1118872
Seed
6481485
3358412
2552760
9671719
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Raffle's founders and board of directors

Founder? Claim Profile
The founders of Raffle is Claus Troels Hansen.
Here are the details of Raffle's key team members:

Raffle's Board of Directors

Raffle's board has 3 active members. Jacob Christian Bratting Pedersen and Claus Erland Kotasek are part of team and Kasper Struve is independent board member.
Here is the list of Raffle's board of directors:
Name
Type
Representing
Status
Duration
ghyv{ng
Team
-
Past
4y 2m
{cxeial
Team
-
Current
6y 9m
cdexbnh
Team
-
Current
5y 3m
jvnugtd
Team
-
Past
7y 7m
Independent board member
-
Current
5y 7m

Raffle's employee count trend

Raffle has 19 employees as of Aug 26. Here is Raffle's employee count trend over the years:
Employee count trend for Raffle
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Raffle's Competitors and alternates

Top competitors of Raffle include Glean, Elastic and You Technologies. Here is the list of Top 10 competitors of Raffle, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Glean
Glean
2019, Palo Alto (United States), Series F
Cloud-based platform for enterprise search
$765M
79/100
2nd
Logo for Elastic
Elastic
2012, San Francisco (United States), Public
Cloud based text analytics platform
$104M
72/100
3rd
Logo for You Technologies
You Technologies
2020, Palo Alto (United States), Series C
AI-enabled key-word based private search engine
$199M
71/100
4th
Logo for Coveo
Coveo
2004, Quebec City (Canada), Public
Provider of AI-powered search and recommendation solutions for enterprise businesses
$358M
70/100
5th
Logo for Lucidworks
Lucidworks
2007, San Francisco (United States), Series F
Provider of AI-powered search and discovery platform for digital experiences
$218M
69/100
6th
Logo for Sanalabs
Sanalabs
2016, Stockholm (Sweden), Acquired
Developer of AI agents and an AI-native learning management system
$136M
68/100
7th
Logo for Squirro
Squirro
2012, Zurich (Switzerland), Series B
Cloud based contextual intelligence and insights solution
$15.5M
67/100
8th
Logo for Graft
Graft
2021, San Francisco (United States), Acquired
Developer of an AI platform for enterprise knowledge management and search
$29M
66/100
9th
Logo for Guru
Guru
2013, Philadelphia (United States), Series C
AI platform for knowledge work, empowering teams with trusted information
$68M
64/100
10th
Logo for Bloomfire
Bloomfire
2010, Austin (United States), Series C
Developer of a platform providing AI-powered knowledge management and search
$32.8M
63/100
122nd
Logo for Raffle
Raffle
2018, Denmark, Series A
AI-based platform for knowledge management
$19.5M
38/100
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Raffle's Investments and acquisitions

Raffle has made no investments or acquisitions yet.

Reports related to Raffle

Here is the latest report on Raffle's sector:

News related to Raffle

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FAQs about Raffle

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