Tech Company Financing Transactions

Recraft Funding Round

Recraft closed a $12 million Series A funding round on 1/18/2024. Investors included private investors, Khosla Ventures and Abstract Ventures.

Transaction Overview

Company Name
Announced On
1/18/2024
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Investors

private investors (Lead Investor) (Nat Friedman)

Khosla Ventures (Lead Investor)

Abstract Ventures

Basis Set Ventures

private investors (Akshay Kothari)

private investors (Dharmesh Shah)

private investors (Elad Gil)

private investors (Zhenya Loginov)

RTP Global Partners

Proceeds Purpose
The company intends to use the funds to expand operations and development efforts, as well as its business reach.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
450 Townsend Street 100
San Francisco, CA 94107
USA
Phone
Undisclosed
Email Address
Overview
The first generative AI design tool that lets users create and edit digital illustrations, vector art, icons, and 3D graphics in a uniform brand style. Powerful, easy-to-use tools give you absolute freedom to create and total control to fine-tune. Recraft's powerful AI toolbox lets you go from text or visual input to sophisticated design in minutes.
Profile
Recraft LinkedIn Company Profile
Social Media
Recraft Company Twitter Account
Company News
Recraft News
Facebook
Recraft on Facebook
YouTube
Recraft on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Anna Dorogush
  Anna Dorogush LinkedIn Profile  Anna Dorogush Twitter Account  Anna Dorogush News  Anna Dorogush on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/18/2024: Obelisk Studio venture capital transaction
Next: 1/18/2024: Sky Engine AI venture capital transaction

 

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Where The Data Comes From

Our team works diligently to document all VC transactions involving tech companies. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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