Contract
Posted on 9/26/2025
Automates freight forwarding lifecycle management
No salary listed
London, UK
In Person
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Raft.ai provides an automated platform for the freight forwarding industry that helps forwarders manage the entire shipment lifecycle. It integrates with existing Transportation Management Systems (TMS) to act as a central hub for data processing, transactions, approvals, and workflows, improving communication among finance, customs, operations, sales, and customers. The platform automates tasks such as commercial invoices, packing lists, and transport documents, supporting customs compliance and faster shipments. Unlike solutions that operate in isolation, Raft.ai focuses on seamless TMS integration and end-to-end process automation to give forwarders full transparency and control over every freight move. Its goal is to help freight forwarders deliver more value to their customers by increasing operational efficiency and enhancing customer experience through better collaboration and real-time visibility.
Company Size
51-200
Company Stage
Series B
Total Funding
$48.1M
Headquarters
London, United Kingdom
Founded
2017
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Flexible Work Hours
Professional Development Budget
Raft receives $60M growth investment from washington harbour partners; shubhi mishra quoted.
Raft, a London, UK-based provider of an intelligent logistics platform, raised $30M in Series B funding.The round was led by Eight Roads with participation from existing investors Bessemer Venture Partners, Episode 1, and Dynamo Ventures, as well as Moguntia Capital. The company intends to use the funds to increase development and deployment of its core automation products, improve data collaboration across the ecosystem, and its business reach.Founded in 2017 and led by CEO James Coombes, Raft is a provider of an intelligent logistics platform that empowers freight forwarders and customs brokers to automate shipment execution and collaborate effectively with their shipper end-customers. Working across the lifecycle, from quotations to customs to finance, it embeds AI into workflows and standardizes diverse data inputs—whether email content, EDI, or API—in order to drive lower-touch shipment execution. Customers include 40% of the AA’s Top 25 Global Freight Forwarders List, as well as global customers like EMO Trans, OIA Global, The Scarbrough Group, NNR Global Logistics, and Navia Freight. FinSMEs11/07/2023
Back in 2021 Vector.ai (which launched in 2017) raised a $15 million round led by Bessemer to apply machine learning to automate these tasks.
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FourKites and Cargonerds have partnered to help freight forwarders and shippers track global shipments in real time. The new collaboration adds FourKites’ real-time supply chain visibility capabilities to Cargonerds’ digital freight platform for quoting, booking, tracking and reporting, the companies said in a Monday (Jan. 30) press release. “[FourKites’] end-to-end solution enables us to give our customers the most accurate ETAs (estimated time of arrivals) and greater network collaboration,” Cargonerds Founder Conrad Franchi said in the release. “Having the right data at the right time to identify precisely what can be done is the only path to proactively mitigating issues while reducing costs and fees.”