As the pandemic creates supply chain chaos, Craft raises $10M to apply some intelligence

As the pandemic creates supply chain chaos, Craft raises $10M to apply some intelligence

4 years ago
Anonymous $qOHwDUKgAF

https://techcrunch.com/2020/08/21/as-the-pandemic-creates-supply-chain-chaos-craft-raises-10m-to-apply-some-intelligence/

During the COVID-19 pandemic supply chains have suddenly become hot. Who knew that would ever happen? The race to secure PPE, ventilators, minor things like food, was and still is, an enormous issue. But perhaps, predictably, the world of ‘supply chain software’ could use some updating. Most of the platforms are deployed ‘empty’ and require the client to populate them with their own data or ‘bring their own data’. The UIs can be outdated and still have to be juggled with manual and offline workflows. So startups working in this space are now attracting some timely attention.

Thus, Craft, the enterprise intelligence company, today announces that it has closed a $10 million Series A financing to build what it characterizes as a ‘supply chain intelligence platform’. With the new funding, Craft will expand its offices in San Francisco, London, and Minsk, and grow remote teams across engineering, sales, marketing and operations in North America and Europe.