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About Craft
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$42M
Headquarters
San Francisco, California
Founded
2014
Overview
Craft provides a supply chain resilience platform that helps organizations make smarter supplier decisions and protect against disruptions. It blends a data fabric with AI analytics to give 360-degree visibility into supplier networks, surface risk signals, and support collaborative decision-making to adjust procurement plans. Its emphasis on regulatory compliance and ethical standards helps teams manage sourcing with governance in mind. The goal is to help organizations sustain operations by building resilient supplier ecosystems and reducing the impact of disruptions.
Simplify's Take
What believers are saying
- Series B $32M funding enables product expansion and global supplier network scaling.
- Austin Chang's CPO appointment drives product innovation in supplier intelligence capabilities.
- ProcureTechSOURCE partnership integrates real-time vendor data with cybersecurity vetting for procurement.
What critics are saying
- Everstream Analytics captures 20-30% Fortune 100 client attrition via superior SAP Ariba integration.
- Resilinc's free tier commoditizes data fabric, eroding pricing power within 12-18 months.
- OpenAI-Coupa generative AI partnership renders proprietary insights obsolete, halting Series B momentum.
What makes Craft unique
- 360-degree supplier visibility platform serving Fortune 100, government, and military agencies.
- AI-driven risk detection and mitigation tools with real-time supplier network monitoring.
- Workspace collaboration feature accelerates cross-team supply chain risk mitigation efforts.
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Funding
Total Funding
$42M
Below
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Competitive compensation
Education benefits
Flexible working hours
Career growth
Fitness benefits
International team
Team activities and events
Generous vacation policy
Free snacks and drinks
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 5%2 year growth
↑ 5%ComfyUI has raised $30 million at a $500 million valuation, led by Craft, with participation from Pace Capital, Chemistry and TruArrow. The funding brings total capital raised to $48 million. The open-source AI platform for creative production has surpassed 4 million users, 60,000 community-built nodes and 150,000 daily downloads. ComfyUI's node-based workflow system supports image, video, 3D and audio generation, allowing creators to build modular AI pipelines with precise control. The platform is used by creative studios like Black Math and agencies including Silverside AI, which developed SVEDKA's 2026 Super Bowl commercial using ComfyUI. Founded by Yannik Marek, the company will use the funding to accelerate product development whilst maintaining its open-source approach.
SAN FRANCISCO, Oct. 02, 2024 (GLOBE NEWSWIRE) - Craft.co, the supply chain resilience company, today announced the appointment of Austin Chang to chief product officer, effective immediately.
In a unique venture for Single's Day, Maybelline New York, gotham NYC, Craft, and Threedium have come together to introduce an augmented reality (AR) mobile game that brings a new interactive dimension to the beauty industry across five asian markets.
In a unique venture for Single's Day, Maybelline New York, gotham NYC, Craft, and Threedium have come together to introduce an augmented reality (AR) mobile game that brings a new interactive dimension to the beauty industry across five markets in Asia.
Craft, a Brazilian multinational specializing in international consolidated cargo transportation, announced three new LCL (Less than Container Load) import services from Asia to Brazilian ports.
Craft is Hiring for 4 Jobs on Simplify!
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About Craft
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series B
Total Funding
$42M
Headquarters
San Francisco, California
Founded
2014
Craft is Hiring for 4 Jobs on Simplify!
Find jobs on Simplify and start your career today