Tech Company Financing Transactions
Raft Funding Round
Raft closed a $30 million Series B funding round on 7/11/2023. Backers included Eight Roads, Bessemer Venture Partners and Dynamo Ventures.
Transaction Overview
Company Name
Announced On
7/11/2023
Transaction Type
Venture Equity
Amount
$30,000,000
Round
Series B
Investors
Proceeds Purpose
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.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
55 Southwark Street
Southwark, England, SE1 1RU
UK
Southwark, England, SE1 1RU
UK
Phone
Undisclosed
Website
Email Address
Overview
At its core, the freight forwarding industry is about people. Every day, thousands of us communicate across borders and time zones, working together to facilitate the flow of goods around the globe. We saw an opportunity to transform the industry's productivity and performance by using technology to make that communication dramatically easier, faster, and more accurate. The result: more efficient workers, stronger relationships, and happier customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
James Coombes
Chief Technical Officer
Nisarg Mehta
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