/Companies

Rasa

Techstars '15

San Francisco, US · Founded 2016 · 187 employees on LinkedIn · 15 known investors

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Rasa builds a conversational AI platform that extends large language models with business logic, enabling enterprises to develop AI agents that handle high-volume interactions securely. The platform is designed for organizations that need reliable automation for customer and business interactions.

Also known as Rasa · Rasa Technologies · Rasa Technologies, Inc.

Founders & leadership

Rasa was founded in 2016 by Alex Weidauer, Tom Bocklisch, Alexander Weidauer, and Alan Nichol.

AWAlex Weidauer
Alex WeidauerFounder
TBTom Bocklisch
Tom BocklischPrincipal ArchitectTom Bocklisch is Principal Architect at Rasa, a conversational AI platform for enterprises. He has experience in scale-up environments working on technical strategy and team leadership.
AWAlexander Weidauer
Alexander WeidauerCo-founder
ANAlan Nichol
Alan NicholFounderBefore co-founding Rasa in 2016, he was co-founder and CTO of treev and completed a PhD at the University of Cambridge. Earlier roles included research and development engineering at Procter & Gamble, guest research at Eindhoven University of Technology, and a Carnegie Scholarship at the University of Edinburgh.
MGMelissa Gordon
Melissa GordonChief Executive OfficerShe joined Rasa as Chief Revenue Officer in 2021 before stepping into the CEO role the following year. Her earlier career includes SVP and GM of Marketplace at Tradeshift, VP of Worldwide Sales, Customer Success and Services at SingleStore, regional sales leadership positions at Oracle, and a decade-long advisory role with Highspot.

Board

ABAndrei Brasoveanu
Andrei BrasoveanuBoard directorInvestor at Accel

Investors · 15

Andreessen Horowitzlisted by Andreessen HorowitzMenlo Park · $500K – $50M

How we know: a16z's portfolio · a partner's Signal profile · board seat on SEC Form D · funding news · offering press articles · company funding news (hacker news) · prnewswire.com · research · builtinsf.com · Not right? Tell us

Mango Capitallisted by Mango CapitalLos Altos · $1M – $1.5M

How we know: offering press articles · prnewswire.com · the VCSheet dataset · Not right? Tell us

Techstarslisted by TechstarsBoulder · $220K

How we know: the Techstars portfolio · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · open dataset · 5k.vc investor directory · Not right? Tell us

468 CapitalreportedBerlin

How we know: offering press articles · prnewswire.com · the VCSheet dataset · Not right? Tell us

Also in the syndicate · 1

Accell

Funding

SEC filings, press & company announcements

$96.2M disclosed across 4 of 9 rounds · 2018–2024

▶$30MraisedFeb 2024 · 13 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Melissa GordonExecutive Officer, Director
  • Alexander WeidauerPromoter
  • Martin CasadoDirector
  • Andrei BrasoveanuDirector
  • Mathew SearleExecutive Officer
  • Alan NicholExecutive Officer, Director, Promoter
Offering amount
$30M
Amount sold
$30M
First sale
Dec 2023
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$25.9MraisedJun 2020 · 8 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Andrei BrasoveanuDirector
  • Martin CasadoDirector
  • Alan NicholExecutive Officer, Director, Promoter
  • Alexander WeidauerExecutive Officer, Director, Promoter
Offering amount
$25.9M
Amount sold
$25.9M
First sale
Jun 2020
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$14.3MraisedMay 2019 · 29 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Alexander WeidauerExecutive Officer, Director
  • Andrei BrasoveanuDirector
  • Alan NicholDirector
Offering amount
$14.3M
Amount sold
$14.3M
First sale
Mar 2019
Incorporated
Corporation, Delaware, 2019
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Rasa provides a developer platform for building, deploying and managing enterprise AI agents for chat and voice. Its stated approach is to extend large language models with an organization's business logic so that agents remain controllable and predictable across large conversation volumes, using LLMs to interpret user language rather than to infer business rules or drive the flow of a conversation. The company describes this method as CALM (Conversational AI with Language Models), positioned as a combination of LLM flexibility with the determinism of traditional NLU-based chatbots.

The platform is delivered through several components. Rasa Pro is the commercial, pro-code offering built around security, observability and scale on top of the open source framework; Rasa Studio is a lower-code or no-code interface for designing and refining agents; and Rasa X/Enterprise historically served as a low-code review interface used alongside Rasa Pro. Product documentation also covers a Rasa Copilot for accelerated agent building, Rasa-specific MCP tools for IDEs such as Cursor, Claude Code, VS Code and JetBrains, a browser playground, and a Rasa University certification course.

Advertised platform capabilities include a patented dialogue management system that orchestrates autonomous reasoning, guided workflows and shared conversational memory; multi-agent orchestration with shared state and task handoff between domain-specific skills; on-premises, private cloud and air-gapped deployment options; support for customer-chosen LLMs and infrastructure with access to prompts, policies and underlying code; real-time voice and IVR features such as streaming speech recognition, barge-in, turn-taking and noise handling; and observability tooling for conversation tracing, evaluation and production monitoring.

Business model

Open core: an open source conversational AI framework underpins commercial licensed products, notably Rasa Pro, which requires a paid license, alongside Rasa Studio and the broader Rasa Platform sold to enterprises. Deployment can occur on customer infrastructure, private cloud or offline environments.

Software licensing and subscription revenue from enterprise products layered on the open source framework; Rasa Pro capabilities are gated behind a commercial license.

Traction

Rasa says its open source framework has been downloaded more than 50 million times as of early 2024, with legacy documentation citing over 25 million downloads for Rasa Open Source. The company reported roughly doubling annual recurring revenue in 2023 versus 2022. Disclosed customers include two of the world's three largest banks, two of the largest U.S. banks, American Express and Deutsche Telekom.

Latest developments

Recent materials describe the Rasa Platform with multi-agent orchestration, sub-agents connected to MCP servers, voice and IVR support, and Rasa Copilot and Rasa Tools (MCP) for building agents in IDEs from version 3.16 onward. The site also cites the company's Strong Performer placement in the Q2 2026 Forrester Wave for conversational AI platforms for customer service.

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Rasa competes in the crowded enterprise conversational AI market against vendors including Sierra, Kore.ai and boost.ai. Its site cites placement as a Strong Performer in The Forrester Wave: Conversational AI Platforms For Customer Service, Q2 2026, an evaluation covering 14 enterprise platforms, with top scores in resource orchestration, application lifecycle management and pricing transparency.

The company positions itself on control and reliability rather than fully autonomous agents: LLMs are used for language understanding while business logic governs conversation flow, which it presents as a mitigation for hallucination risk. Other stated differentiators are a patented dialogue management system, open access to prompts, policies and code to avoid model or vendor lock-in, and support for on-premises and air-gapped deployment.

Technology

The platform combines large language models with explicitly defined business logic and guided flows under the CALM (Conversational AI with Language Models) approach. Components include patented dialogue management with shared conversational memory, multi-agent orchestration with sub-agents and MCP server connections for external tools, configurable model groups, action servers, knowledge base integrations, low-latency voice processing for phone and voice channels, and tracing and evaluation tooling for production agents. Agents can span messaging channels such as WhatsApp and Messenger and multiple languages.

Go-to-market

Developer-led adoption of the open source framework converting into enterprise licenses, supported by demo requests and free trials on the website, product documentation, an in-browser playground and a developer certification program. Named customers and analyst recognition are used as enterprise proof points.

Large enterprises building customer-facing and internal conversational agents, with concentration in financial services and telecommunications, and in regulated industries with strict compliance, data-control and governance requirements.

Geography

Remote-first with a presence in San Francisco, London, Paris, Berlin and Belgrade as of 2024; hiring was planned across North America and Europe following the Series C.

History

Founded in 2016 as an open source platform for developers building chatbots, voice applications and other conversational AI services. The company later refocused on enterprise engagement needs, bringing in Oracle alumna Melissa Gordon as CEO to lead the strategy shift, and introduced the CALM approach with the Rasa Pro and Rasa Studio products. It raised a $26 million Series B and, in February 2024, a $30 million Series C.

Risks & controversies

The enterprise conversational AI market is described as crowded and fast-moving, with well-funded entrants such as Sierra and established vendors including Kore.ai and boost.ai. Several performance and differentiation claims, including download counts, ARR growth and hallucination mitigation, are company statements that were not independently verified in the cited coverage, and the company declined to disclose its Series C valuation.

Compiled by commissioned research from 12 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Developer tool downloadsFeb 202450,000,000 downloads
Downloads since launchJan 20193,000,000 downloads
Open source downloadsFeb 202450,000,000 downloads
Prior Series B amountFeb 2024$26M
Rasa Open Source downloadsJan 202425,000,000 downloads
Total funding raised to dateFeb 2024$70M
Total venture capital raised (Crunchbase, as cited)Jan 2019$40.1M

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

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Companies working in the same space as Rasa.

Timeline · 6

launches, deals, and filings
Jan 2026
Named a Strong Performer in The Forrester Wave: Conversational AI Platforms For Customer Service, Q2 2026

Rasa's site reports the company was evaluated among 14 leading enterprise platforms and named a Strong Performer, receiving 5/5 scores in resource orchestration, application lifecycle management and pricing transparency.

source ↗

Feb 2024
Rasa raises $30M Series C co-led by StepStone Group and PayPal Ventures

Rasa announced $30 million in Series C funding co-led by StepStone Group and PayPal Ventures, with participation from existing investors Andreessen Horowitz, Accel and Basis Set Ventures. The company declined to disclose a valuation, saying only that it was an up round from its $26 million Series B. It marked the first AI investment from PayPal Ventures' new AI fund, and the proceeds were earmarked for team growth across North America and Europe.

$30M source ↗

Feb 2024
Rasa closes $30M Series C co-led by StepStone Group and PayPal Ventures

Rasa Technologies announced a $30 million Series C round, bringing total capital raised to more than $70 million. Funds are earmarked for technology development, market presence and team expansion across North America and Europe. PayPal Ventures described it as its first AI investment.

$30M source ↗

Feb 2024
PayPal integrates Rasa technology into customer service portal

PayPal Ventures partner Alan Du said PayPal has integrated Rasa's technology into its customer service portal and seen improved customer engagement.

source ↗

Jan 2020
Named among CIO Applications' Top 10 Chatbot Solution Companies - 2020

CIO Applications Magazine recognized Rasa Technologies as a recipient of its Top 10 Chatbot Solution Companies award for 2020.

source ↗

Jan 2019
Rasa raises $26M Series B led by Andreessen Horowitz

Rasa Technologies announced a $26 million Series B financing round led by Andreessen Horowitz, to be used for product growth, AI research and development, and expansion of product development and research teams.

$26M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Rasa TechnologiesDelaware

In the news

▸Research sources · 12

primary sources listed

12 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Rasa do?
Rasa is a developer platform for building enterprise conversational AI agents that combine LLMs with company business logic.
Who founded Rasa?
Rasa was founded by Alex Weidauer, Tom Bocklisch, Alexander Weidauer, Alan Nichol in 2016.
Who are Rasa's investors?
Rasa's investors include Accel, Basis Set Ventures, PayPal Ventures, Andreessen Horowitz, Angel Invest, Dig Ventures Management Limited, Kickstart Innovation, Mango Capital and 6 more.
How much funding has Rasa raised?
Rasa has disclosed $96.2M raised across 4 of its 9 known rounds.
Where is Rasa headquartered?
Rasa is headquartered in San Francisco, US.