RAGFlow
PrivateLast Round
Series A
Sep 2, 2024
Total Funding Raised
$70.2M
Company Overview
RAGFlow operates in AI, Data & Cloud Infrastructure and is based in Shanghai. Its latest recorded funding round was a Series A round in September 2024.
RAGFlow is an artificial intelligence company that provides an open-source retrieval-augmented generation (RAG) engine designed for deep document understanding and enterprise-level data processing.
Sector
AI, Data & Cloud Infrastructure
Verticals
NLP & Conversational AI, ML Platforms, Document Management, Cloud Infrastructure, Workflow Automation
Business Model
B2B
Customer Profile
Freemium, Subscription SaaS
AI Layer
Infrastructure
Historical Pricing
Historical view of private secondary pricing and transaction trends.
RAGFlow Comparables
Compare RAGFlow with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| LlamaIndex | 84% | |
| AnythingLLM | 80% | |
| SciPhi | 79% |
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RAGFlow Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Sep 2, 2024 | ||||
| Angel | Nov 1, 2023 | ||||
| Seed | May 31, 2023 |
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Key People
Founding team and executive leadership
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RAGFlow Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Tencent Exploration | Angel |
| Hongtai Capital Holdings | Series A |
| 联想创投集团 (Lenovo Capital and Incubator Group) | Series A |
| ZhenFund | Angel |
| Northern Light Venture Capital | Seed |
| DT Capital Partners | Series A |
| Nanshan Capital | Angel |
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Market signals
Structured signals derived from secondary market and firmographic data.
- May 3, 2026
Grew 67% QoQ from 6 to 10 employees.
- Nov 19, 2025
Version 0.22.1 addresses compatibility issues with key improvements.
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Recent news
Latest coverage and updates
- signs_new_clientOct 27, 2026
Crown Shy chooses RAGFlow as its initial provider for an open-source RAG engine with a ready-to-use GUI and HTTP API.
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RAGFlow Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about RAGFlow's valuation, stock price, and market status.
Is RAGFlow a public or private company?
RAGFlow is a private company.
What is the current stock price of RAGFlow?
RAGFlow is a private company, so its shares have no public market price. Caplight tracks RAGFlow's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is RAGFlow worth (valuation)?
Valuation information for RAGFlow is not publicly available.
Can I buy RAGFlow stock?
RAGFlow shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was RAGFlow's last funding round?
RAGFlow's most recent funding round was Series A on September 2, 2024.
Who are the main investors in RAGFlow?
Key investors in RAGFlow include Hongtai Capital Holdings, Qiming Venture Partners.
Will RAGFlow IPO soon?
No public IPO plans have been announced for RAGFlow.
How can I track RAGFlow secondary market activity?
Caplight tracks bids, offers, and trades in RAGFlow's shares on secondary markets.