Craft Raises $32M in Series B Funding

Craft

Craft, a San Francisco, CA-based enterprise intelligence company, raised $32M in Series B funding.

The round was led by BAM Elevate, with participation from Greycroft, Uncork Capital, High Alpha, ServiceNow Ventures, Point Field Partners, Frederic Kerrest, Stacey Epstein, and Edith Harbaugh.

The company intends to use the funds to further develop its platform and deepen its go-to-market execution in key verticals.

Led by Ilya Levtov, Founder and CEO, Craft provides an intelligence platform that empowers organizations to understand, monitor and optimize their supplier network and enterprise ecosystem. It enables supply chain, procurement and risk managers at Fortune 500 enterprises and government agencies to monitor their suppliers at scale, increasing visibility and resilience by tracking real-time signals proactively across millions of companies globally. The system provides comprehensive company data, advanced analytics and software that delivers intelligence, in an integrated cloud-based software.

In the past year, Craft has deepened its integration of multi-dimensional supplier data, developed advanced analytic capabilities in Craft Risk Hub, Craft N-Tier Mapping and Craft Alerts, and further developed its cloud-based suite of collaboration and case management workflows.

FinSMEs

01/02/2023