When was Raffle founded?

Raffle was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Raffle located?

Raffle is headquartered in Denmark.

Which legal entities is Raffle associated with?

Raffle is associated with raffle.ai ApS.

How many employees does Raffle have?

As of Aug 31, 2026, the latest employee count at Raffle is 19.

Is Raffle a funded company?

Raffle is a funded company, having raised a total of $19.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 25, 2019.

When was the latest funding round of Raffle?

Raffle's latest funding was a $***** Series A round on Feb 01, 2022, with participation from 1 investor.

Where does Raffle rank among its competitors?

Raffle ranks 90th amongst 707 active competitors, of which 90 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was You Technologies, which secured $100M in Sep, 2025.

Who are the top competitors of Raffle?

Raffle's top competitors include Glean, Coveo and Elastic. Among them, You Technologies secured the most recent funding round in September, 2025.

Raffle - 2026 Company Profile, Team, Funding, Competitors & Financials

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
Email ID: *****@raffle.ai
Phone Number: +45 **********

Key Metrics

Founded Year

2018

Location

Denmark

Stage

Series A

Total Funding

$19.5M in 3 rounds

Latest Funding Round

Series A, Feb 01, 2022, $*****

Investors

K1 Investment Management & 3 more

Ranked

90^th among 707 active competitors

Employee Count

19 as on Aug 31, 2026

Similar Companies

Coveo & 573 more

View Raffle's full profile

Raffle is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
raffle.ai ApS CIN: 39747189 , Denmark, Active	Jul 25, 2018	-	16 (As on Nov 30, 2024)

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	5213613	Series A	5180788	7568237	9653460	2704517
Jan 24, 2020	8596282	Seed	3857178	2727824	1022731	9481797
Mar 25, 2019	8487860	Seed	2050167	3046504	6545004	5975856

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View details of Raffle's funding rounds and investors

The founders of Raffle is Claus Troels Hansen.

Here are the details of Raffle's key team members:

Claus Troels Hansen: Co-Founder of Raffle. They are also an angel investor in 1 startup.
Contact Info: 1 email address

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
qnxphen	Team	-	Past	7y 3m
qovpfo{	Team	-	Current	9y 4m
miutrvl	Team	-	Current	5y 7m
bbdvtjk	Team	-	Past	6y 7m
Kasper Struve	Independent board member	-	Current	5y 9m

View details of Raffle's Founder profiles and Board Members

Raffle's employee count trend

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

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Top competitors of Raffle include Glean, Coveo and Elastic. 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	Glean 2019, San Francisco (United States), Series F	Cloud-based platform for enterprise search	$765M	Lightspeed Venture Partners, Altimeter Capital ... & 53 others	77/100
2nd	Coveo 2004, Quebec City (Canada), Public	Provider of AI-powered search and recommendation solutions for enterprise businesses	$358M	Elliott Management, OMERS & 17 others	74/100
3rd	Elastic 2012, San Francisco (United States), Public	Cloud based text analytics platform	$104M	New Enterprise Associates, HTIF & 11 others	72/100
4th	Lucidworks 2007, San Francisco (United States), Series F	Provider of AI-powered search and discovery platform for digital experiences	$218M	Granite Ventures, Walden International & 10 others	69/100
5th	You Technologies 2020, Palo Alto (United States), Series C	AI-enabled key-word based private search engine	$199M	Georgian, Cox Enterprises & 20 others	69/100
6th	Sanalabs 2016, Stockholm (Sweden), Acquired	Developer of AI agents and an AI-native learning management system	$136M	New Enterprise Associates, EQT & 19 others	67/100
7th	Squirro 2012, Zurich (Switzerland), Series B	Developer of generative AI platforms for enterprise data management tasks	$15.5M	FormulaVC, Salesforce Ventures & 13 others	67/100
8th	Graft 2021, San Francisco (United States), Acquired	Developer of an AI platform for enterprise knowledge management and search	$29M	Google Ventures, Radical Ventures & 5 others	66/100
9th	Guru 2013, Philadelphia (United States), Series C	AI platform for knowledge work, empowering teams with trusted information	$68M	FirstMark, Emergence Capital & 7 others	64/100
10th	Jina AI 2020, Germany, Acquired	Developer of search foundation providing embeddings, reranker, and reader capabilities	$39M	Canaan, SAP.iO & 4 others	62/100
90th	Raffle 2018, Denmark, Series A	AI-based platform for knowledge management	$19.5M	Vaekstfonden, K1 Investment Management & 2 others	38/100