Raspberry AI Raises $4.5 Million in Seed Round

Raspberry AI Raises $4.5 Million in Seed Round

Raspberry AI, a New York-based generative AI platform for fashion designers, has raised $4.5 million in seed funding.

Backers included Greycroft, Khosla Ventures, Marigay McKee, William F. Detwiler, MVP Ventures, Correlation Ventures, Michael Mente, Yael Aflalo, Michael Broukhim, and Daniel Broukhim.

Raspberry AI Use of Funds

The company plans to use the funds to expand operations and further develop its platform.

Founded in 2022, and led by CEO Cheryl Liu, Raspberry AI provides a generative AI fashion product development platform that helps designers increase revenue and speed-to-market by understanding consumer demand and creating highly sought-after designs in minutes. The company's software provides features such as generating technical packs and CADs for any product image and creating full mood boards by typing in a few words, enabling fashion brands to allow their customers to style what is trending.

Funding Details

Company: Raspberry AI, Inc.

Raised: $4.5M

Round: Seed Round

Funding Month: February 2024

Investors: Greycroft, Khosla Ventures, Marigay McKee, William F. Detwiler, MVP Ventures, Correlation Ventures, Michael Mente, Yael Aflalo, Michael Broukhim, Daniel Broukhim

Company Website: https://www.useraspberry.com/

Software Category: AI Fashion Product Development Platform