How Much Did Craft Raise?
Funding & Key Investors

Craft has successfully secured a significant capital injection, bringing its total funding to $42M. This latest major strategic investment of $32M underscores the market confidence in the company's mission to provide a definitive source of truth for corporate data. By leveraging advanced machine learning, Craft is positioning itself as a critical infrastructure layer for global economic analysis, attracting high-profile backing from institutional investors who recognize the value of high-fidelity business intelligence in an increasingly complex market landscape.

The company's trajectory, marked by a steady progression from its initial Series A round to this recent Series B financing, reflects a robust growth strategy. This capital infusion serves as a catalyst for further product development and market expansion, enabling Craft to scale its analytics platform to meet the demands of enterprise-level clients seeking actionable insights into global supply chains and corporate health.

What is Craft?

Craft
SoftwareBusiness Intelligence (BI) SoftwareBusiness Services

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:

2020

Series A

$10M

2023

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.

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Frequently Asked Questions Regarding Craft Financial Insights

What are the most recent funding rounds that Craft has completed, and what were the funding rounds?
Craft has recently completed 2 funding rounds: Series B on Feb 1, 2023, Series A on Aug 21, 2020.
What is the total amount of funding Craft has raised to date?
Craft has raised a total of $42M in funding to date.
How many funding rounds has Craft completed?
Craft has completed 2 funding rounds.
How much funding did Craft raise in its most recent funding round?
Craft raised $32M in its most recent funding round.
Who are the lead investors in Craft's latest funding round?
The lead investor in Craft's latest funding round was Uncork Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Craft's history?
The largest funding round in Craft's history was $32M.
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