What is Craft?
Craft operates as a sophisticated machine-learning-powered data and analytics platform. Its core value proposition lies in its ability to aggregate, verify, and synthesize vast amounts of disparate corporate data into a unified, reliable source of truth. By mapping the global economy, Craft provides organizations with the visibility required to make data-driven decisions regarding risk management, procurement, and competitive intelligence. The platform's ability to transform raw data into structured, actionable insights distinguishes it within the crowded business intelligence sector, making it an essential tool for modern enterprises navigating volatile market conditions.
How much funding has Craft raised?
Craft has raised a total of $42M across 2 funding rounds:
Series A
$10M
Series B
$32M
Series A (2020): $10M with participation from High Alpha
Series B (2023): $32M led by Uncork Capital and Greycroft Partners
Key Investors in Craft
High Alpha
High Alpha is a venture firm that creates and funds B2B SaaS companies, partnering with founders to build businesses that reach their full potential. They invest in enterprise software companies and co-create with founders to explore, build, and scale together.
Uncork Capital
Uncork Capital is a seed-stage venture firm that commits early to startups and remains involved to provide critical support. The firm focuses on assisting companies through the challenges of early growth, aiming to build lasting partnerships.
Greycroft Partners
Greycroft is a leading venture capital firm focused on investments in the Internet and mobile markets. The firm leverages an extensive network of media and technology industry connections to help entrepreneurs gain visibility and build successful businesses.
What's next for Craft?
With the successful closure of its latest funding round, Craft is well-positioned to accelerate its product roadmap and deepen its penetration into the enterprise software market. The strategic focus will likely shift toward enhancing the predictive capabilities of its machine learning models and expanding its data coverage to provide even more granular insights into global economic trends. As the company continues to scale, the emphasis will remain on maintaining data integrity and expanding its footprint among Fortune 500 clients who require real-time, accurate intelligence to maintain a competitive edge. The backing from seasoned venture firms provides not only the necessary capital but also the strategic guidance required to navigate the complexities of scaling a high-growth data platform in a globalized economy.
See full Craft company page