I do not think Raven and Balrog have too much in the way of offensive synergy, but the more I think about it yeah, it has potential on the defensive end if you lead with Boxer.
While both can deal strong damage, both lack good (or safe) high/low mixups, very poor options to safely tag cancel, and poor reversal/wakeup options.
That being said, both are very strong at spacing and zoning people out. I reccomend Boxer on point because he can safely tag Raven in off throws and is not nearly as meter reliant.
I was using Raven/King and while both are strong characters and deal good damage together I think they do not play too nicely together. Both need meter to get people off, and Raven’s inability to blockstring tag cancel prevents me from doing my favorite thing with King: tc into elbow smash mixup… So I am looking for someone else.
Either I find someone similar to King for damage and mixups (Asuka? Though she lacks footsies which is dangerous for Raven), or I’m starting to consider him as more of an anchor and go with Poison, Guy, Alisa/Raven kinda like how xian uses Rolento in front of him.