Craft Docs Raises $12M in Series B Funding

Craft Docs, a Budapest, Hungary-based document management company, raised $12M in Series B funding.

The round was led by EBRD Venture Capital, with participation from Creandum and InReach Ventures.

The company intends to use the funds to continue scaling up their user base, strengthening their position within the collaborative document market for personal and business customers, and enabling companies to manage their day-to-day workflow, and create and share docs.

Led by CEO Balint Orosz, Craft Docs provides a software platform, which allows users to build an information workflow and enables creative and collaborative content creation as well as effective communication. The company has seen growth in users over the last 12 months, in particular from the USA, UK, Japan and Germany.