Ravin - About the company
Ravin is a series B company based in London (United Kingdom), founded in 2018. It operates as a Provider of AI-powered platform for vehicle damage assessment and claims. Ravin has raised $30M in funding from investors like FM Capital, PICO Partners and KAR Global. The company has 56 active competitors, including 16 funded and 3 that have exited. Its top competitors include companies like Jidoka, Uveye Technologies and CamCom.
Company Details
Provider of AI-powered platform for vehicle damage assessment and claims. The platform offers tools for mobile image capture, damage review, and repair cost calculation. It facilitates vehicle condition monitoring, condition report generation, and integration with claim management systems. The platform supports vehicle transactions, fleet management, remarketing, and insurance claims processing.
- Website
- www.ravin.ai/
- Email ID
- *****@ravin.ai
Key Metrics
Founded Year
2018
Location
London, United Kingdom
Stage
Series B
Total Funding
$30M in 4 rounds
Latest Funding Round
Investors
Ranked
6th among 56 active competitors
Employee Count
4 as on Jan 31, 2022
Legal entities associated with Ravin
Ravin is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
RAVIN AI, INC CIN: 32091747181 , United States, Active | Sep 21, 2023 | - | - | - |
RAVIN AI (UK) LIMITED CIN: 11880277 , United Kingdom, Active | Mar 12, 2019 | - | 2 (As on Dec 31, 2024) |
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Ravin's funding and investors
Ravin has raised a total funding of $30M over 4 rounds. Its first funding round was on May 21, 2019. Its latest funding round was a Series B round on May 10, 2023 for $*****. 2 investors participated in its latest round. Ravin has 12 institutional investors and 3 angel investors.
Here is the list of recent funding rounds of Ravin:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 10, 2023 | 6987984 | Series B | 3519056 | 2292329 | 5790619 | 3761348 |
Mar 16, 2021 | 9703980 | Series A | 8072830 | 9402032 | 4076007 | |
Aug 13, 2020 | 9089767 | Seed | 1024938 | 1427574 |
View details of Ravin's funding rounds and investors
Ravin's founders and board of directors
Founder? Claim ProfileHere are the details of Ravin's key team members:
- Eliron Ekstein: CEO of Ravin. They serve on the board of 1 company.
Ravin's Board of Directors
Ravin's board has 3 active members. Eliron Ekstein and Neil Alliston are part of team and Roger Samuel Hunter is independent board member.Here is the list of Ravin's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 6y 10m | |
njfvzjp | Team | - | Current | 9y 7m |
Independent board member | - | Current | 6y 6m |
View details of Ravin's Founder profiles and Board Members
Ravin's employee count trend
Ravin has 4 employees as of Jan 22. Here is Ravin's employee count trend over the years:
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Ravin's Competitors and alternates
Top competitors of Ravin include Jidoka, Uveye Technologies and CamCom. Here is the list of Top 10 competitors of Ravin, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AI-driven visual inspection solutions for manufacturing and logistics | $1.22M | 61/100 | ||
2nd | Uveye Technologies 2016, New York (United States), Series E | Developer of vehicle inspection systems using artificial intelligence and 360-degree imaging | $236M | 59/100 | |
3rd | AI-powered visual inspection and defect detection across industries | $1.74M | 59/100 | ||
4th | DeGould 2011, Exeter (United Kingdom), Series A | Provider of AI-powered automated vehicle inspection systems for various industries | $13.9M | 59/100 | |
5th | Fyusion 2014, San Francisco (United States), Acquired | Developer of 3D image processing technology for consumer applications | $71.3M | 52/100 | |
6th | Ravin 2018, London (United Kingdom), Series B | Provider of AI-powered platform for vehicle damage assessment and claims | $30M | 52/100 | |
7th | Inspektlabs 2019, New Castle (United States), Seed | Provider of AI-powered solutions for vehicle damage inspection and assessment | $1.05M | 49/100 | |
8th | AI-powered car inspection software | $2.48M | 44/100 | ||
9th | Provider of AI-powered and SaaS-based vehicle inspection solutions | $2.39M | 43/100 | ||
10th | Provider of a cloud-driven merchandising solution for the automotive industry | $47.6M | 42/100 |
Looking for more details on Ravin's competitors? Click here to see the top ones
Ravin's Investments and acquisitions
Ravin has made no investments or acquisitions yet.
Reports related to Ravin
Here is the latest report on Ravin's sector:
News related to Ravin
Media has covered Ravin for 1 event in last 1 year.
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Iag Firemark Ventures Invests In 7analytics And Near Space LabsLife Insurance International•Feb 18, 2025•IAG Firemark Ventures, 7Analytics, Near Space Labs, Ravin
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Ravin AI Secures U.S. Patent for Pioneering Car Inspection DeepDetect™ SolutionGlobeNewswire•Oct 31, 2023•Ravin
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Firemark Ventures backs Ravin AI for vehicle inspection technologyFintech•May 15, 2023•Ravin, Firemark Collective
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Guidewire Announces Ravin AI as New Solution Alliance Partner to Accelerate Auto Claims ProcessingBusiness Wire•Sep 15, 2022•Ravin, Guidewire
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KAR Global Invests in AI StartupInside INdiana Business•Mar 17, 2021•Openlane, Ravin, KAR Global, PICO Partners and 2 others
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RAVIN.AI lands Fraser McCombs-led investment, announces GM for AmericasAuto Remarketing•Aug 13, 2020•Ravin, FM Capital, PICO Partners, Shell
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