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Raft - About the company

Raft is a series B company based in London (United Kingdom), founded in 2017 by Nisarg Mehta, James Coombes and Andrew Noel. It operates as a Provider of an AI platform for supply chain management services. Raft has raised $30M in funding from investors like Eight Roads Ventures, Bessemer Venture Partners and Booom. The company has 705 active competitors, including 73 funded and 49 that have exited. Its top competitors include companies like WiseTech Global, Kale Logistics Solutions and Senior Sistemas.

Company Details

Provider of an AI platform for supply chain management services. The platform centralizes data, enabling users to define workflows and deploy agents. It offers data transformation into a single source for intelligent automation and decision-making. The platform facilitates the launch of customizable AI agents that operate autonomously. It also amplifies team capabilities with governance and control.
Website
raft.ai
Social
X
Email ID
*****@raft.ai
Key Metrics
Founded Year
2017
Location
Stage
Series B
Total Funding
$30M in 2 rounds
Latest Funding Round
Ranked
Employee Count
143 as on Mar 31, 2026
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Raft's funding and investors

Raft has raised a total funding of $30M over 2 rounds. Its latest funding round was a Series B round on Jul 10, 2023 for $*****. 6 investors participated in its latest round. Raft has 6 institutional investors.

Here is the list of recent funding rounds of Raft:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 10, 2023
8729846
Series B
3186740
2405915
2915878
7883108
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Raft's founders and board of directors

Founder? Claim Profile
The founders of Raft are Nisarg Mehta, James Coombes and Andrew Noel. James Coombes is the CEO of Raft.
Here are the details of Raft's key team members:

Raft's Board of Directors

Raft's board has 3 active members. Nisarg Mehta, James Coombes and Michael Treskow are independent board members.
Here is the list of Raft's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
8y 3m
ldqti{j
Independent board member
-
Current
3y 8m
ocozimx
Independent board member
-
Current
7y 8m

Raft's employee count trend

Raft has 143 employees as of Mar 26. Here is Raft's employee count trend over the years:
Employee count trend for Raft
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Raft's Competitors and alternates

Top competitors of Raft include WiseTech Global, Kale Logistics Solutions and Senior Sistemas. Here is the list of Top 10 competitors of Raft, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for WiseTech Global
WiseTech Global
1994, Schaumburg (United States), Public
Provider of a cloud-based logistics software suite
$35M
75/100
2nd
Logo for Kale Logistics Solutions
Kale Logistics Solutions
2010, Thane (India), Series B
Provider of cloud-based platforms for logistics, ports, and trade facilitation
$40.1M
75/100
3rd
Logo for Raft
Raft
2017, London (United Kingdom), Series B
Provider of an AI platform for supply chain management services
$30M
61/100
4th
Logo for Senior Sistemas
Senior Sistemas
1988, Blumenau (Brazil), Unfunded
Provider of enterprise resource planning, supply chain, and human capital solutions
-
-
60/100
5th
Logo for Magaya Corporation
Magaya Corporation
2001, Miami (United States), Late Stage
Provider of cloud-based supply chain and logistics software for businesses
-
59/100
6th
Logo for Logi-Sys
Logi-Sys
2005, Mumbai (India), Seed
Offers cloud-based freight forwarding solution
$1.5M
59/100
7th
Logo for RXO
RXO
1998, San Francisco (United States), Public
Cloud based platform providing freight forwarding solutions
-
-
57/100
8th
Logo for GoComet
GoComet
2016, Singapore (Singapore), Series A
AI-powered multimodal logistics platform for end-to-end supply chain digitization
$10.3M
55/100
9th
Logo for Zeus
Zeus
2019, London (United Kingdom), Seed
Provider of web-based freight forwarding solutions
$4.75M
-
55/100
10th
Logo for Pallet
Pallet
2019, New York City (United States), Series B
Provider of talent management services
$50M
55/100
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Raft's Investments and acquisitions

Raft has made no investments or acquisitions yet.

Reports related to Raft

Here is the latest report on Raft's sector:

News related to Raft

Media has covered Raft for 1 event in last 1 year, It was about company updates.
Raft.ai’s $30 Million Series B Funding RoundGlobal Legal ChronicleAug 01, 2023Raft
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