Craft, a San Francisco, CA-based enterprise intelligence company, closed a $10m Series A financing.
The round was led by High Alpha Capital with coinvestors Greycroft; Sam Palmisano, Chairman of the Center for Global Enterprise and former CEO and Chairman of IBM; Jim Moffatt, former CEO of Deloitte Consulting; Frederic Kerrest, executive vice chairman, COO and co-founder of Okta; and Uncork Capital. In conjunction with the funding, High Alpha Partner, Kristian Andersen, is joining Craft’s Board of Directors.
The company intends to use the funds to further expand its offices in San Francisco, London, and Minsk, and grow remote teams across engineering, sales, marketing and operations in North America and Europe.
Led by Ilya Levtov, co-founder and CEO, Craft provides a supply chain intelligence platform that enables organizations to understand, monitor and optimize their supply chain and enterprise ecosystem.
The solution combines proprietary data platform, API, and a cloud-based portal that can integrate into existing enterprise workflows. The data platform deploys packed with data from thousands of financial and alternative sources, surfacing signals on any company in the world. The resulting view of target companies includes more than 300+ data points that are constantly refreshed using both Machine Learning and human validation. Craft’s openly accessible company profiles appear in 50 million organic search results and serve more than one million professionals per month.
The company works globally with government agencies, Fortune 500 companies in aerospace & defense, banking, pharmaceutical and retail.