Raspberry AI Raises $24M in Series A Funding to Revolutionize Fashion Creativity with Generative AI
Raspberry AI revolutionizes the fashion industry by combining generative AI with deep market insights, helping brands accelerate product development and boost revenue.
Company Name: Raspberry AI
Location: New York City, NY
Industry: Fashion
Funding Details:
Amount: $24M (Series A)
Investors: Andreessen Horowitz (a16z) (Lead), Greycroft, Correlation Ventures, MVP Ventures, and angel investors including Gokul Rajaram and Ken Pilot
Purpose of Investment:
The funds will be used to:
- Accelerate product development.
- Expand the engineering, sales, and marketing teams.
Leadership:
CEO and Founder: Cheryl Liu
Product:
Raspberry AI provides a generative AI platform that empowers fashion creatives to design and market with unmatched speed and precision. Key features include:
- AI-Driven Image Generation: Enables brands to create mood boards, lifestyle photography, product photography, and technical drawings using text prompts.
- Consumer Demand Insights: Leverages AI to craft designs that resonate with market trends.
- Streamlined Workflows: Reduces time-to-market for retail brands by simplifying creative processes.
Customer Base:
Raspberry AI’s platform is trusted by leading fashion companies, including:
- Boston Proper
- Gruppo Teddy
- Li & Fung
- MCM Worldwide
- Under Armour
About the Company:
Raspberry AI revolutionizes the fashion industry by combining generative AI with deep market insights, helping brands accelerate product development and boost revenue. Its innovative platform simplifies creative workflows, enabling designers to focus on innovation and consumer engagement.
With its Series A funding, Raspberry AI is set to expand its impact, further transforming the intersection of technology and fashion.
