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Craft's mission is to create a more resilient global supply chain by creating the leading supplier intelligence platform.
Maintaining a seamless supply chain is essential to the success of most businesses, with procurement teams being responsible for sourcing new suppliers, analyzing inventory data, and generating forecasts. However, analyzing such data requires the repetitive and specialist work of data engineers for both parties, making the sourcing process time-consuming.
Craft.co provides a procurement and supply chain analytics platform, integrating with other supply chain platforms to track inventories and produce forecasts. The platform allows users to save and organize thousands of suppliers in a portfolio, and source new suppliers in minutes based on over 450 data points, leveraging automatic insights to assess for risk and ensure requirements are met.
The main challenge Craft.co will face is the range of AI-driven supply chain analytics platforms appearing on the market, but the company uniquely combines such technology with a real-time analytics-driven procurement marketplace. Furthermore, Craft.co's 2023 round of funding will help it to rocket-boost its new focus on analytic, cloud-based collaboration, and management workflow capabilities.
Freddie
Company Specialist at Welcome to the Jungle
Feb 2023
$32m
SERIES B
Aug 2020
$10m
SERIES A
This company has top investors
Ilya Levtov
(CEO)Member of the Executive Leadership Forum of the Digital Supply Chain Institute since 2019. Experience as Business Developer for Deutsche Telekom.
Artem Litvinov
(CTO)Software Engineer for SugarCRM, Intetics, and Altoros Systems from 2012 to 2014. Experience as Technical Team Lead for Rise Arrow.