Craft

Craft

Supply chain resilience and risk mitigation platform

About

Craft provides a platform focused on enhancing supply chain resilience for organizations. It offers tools and data that help businesses make informed decisions about their suppliers and protect against potential disruptions. The platform features an easy-to-use interface that gives users a complete view of their supplier networks, allowing them to assess and explore options quickly. By utilizing AI-driven insights, Craft helps identify risks and mitigate them effectively. Additionally, it includes collaborative tools that support the optimization of supply chain strategies. Craft primarily serves procurement and supply chain professionals, assisting them in navigating regulations, maintaining ethical standards, and ensuring the continuity of their operations.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Industrial & Manufacturing, AI & Machine Learning

Total Funding

$40.9M

Headquarters

San Francisco, California

Founded

2014


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Simplify's Take

What believers are saying

  • Craft raised $32 million Series B to enhance its supplier intelligence platform.
  • Increased focus on AI-driven analytics aligns with Craft's mission for supply chain resilience.
  • Craft's platform can leverage digital twins to optimize supply chain operations.

What critics are saying

  • AR mobile game ventures may dilute Craft's supply chain resilience brand identity.
  • Expansion into LCL import services exposes Craft to geopolitical risks and trade tensions.
  • New Chief Product Officer may lead to strategic shifts affecting client retention.

What makes Craft unique

  • Craft offers AI-driven insights for enhanced supplier intelligence and risk mitigation.
  • The platform provides 360-degree visibility for evaluating and monitoring supplier networks.
  • Craft supports ethical sourcing with comprehensive data and risk mitigation tools.

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Growth & Insights
Headcount

6 month growth

3%

1 year growth

0%

2 year growth

8%

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

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