New Funds for Enterprise Intelligence Provider Craft
August 26 2020
In the US, enterprise intelligence company Craft has raised $10m in a Series A round of financing, which it will use 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.
Craft helps organizations make data-informed business decisions through the delivery of commercial data, analytics, and insights. According to the firm, while many business intelligence products require clients to bring their own data, Craft's data platform deploys data from thousands of sources to provide a 360-degree view of target companies. This includes more than 300 data points that are constantly refreshed using both machine learning and human validation.
New funding was led by High Alpha Capital with participation from Greycroft, Uncork Capital and several enterprise software executives, including Sam Palmisano, former CEO and Chairman of IBM. Kristian Andersen, Partner with High Alpha, comments: 'We're thrilled to partner with Craft and support them as they continue to define and build this exciting new category - focused on providing powerful analytics and supply chain insights directly to the enterprise.'
The firm, which is led by CEO and co-founder Ilya Levtov (pictured), is online at: https://enterprise.craft.co .
All articles 2006-20 written and edited by Mel Crowther and/or Nick Thomas unless otherwise stated.
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