Kraaft raised €13M in a Series A funding round led by Dawn Capital to enhance product development and expand into key markets like the UK and Germany.

Jan 21, 2025•7 months ago

Amount Raised

€13 Million

Round Type

series a

ParisMessagingArtificial IntelligenceSoftware

Investors

Oss VenturesStride VcChalfen VenturesBrick & Mortar VenturesDawn Capital

Description

Paris-based startup Kraaft has successfully raised €13M in a Series A funding round. The funds are aimed at product development and scaling operations in targeted markets across Europe.

Company Information

Company

Kraaft

Location

Paris, Texas, United States

About

Kraaft is a Paris-based company that provides a next-generation messaging app specifically designed for the construction industry. Founded in 2020, Kraaft combines the functionality of WhatsApp with industry-specific features like photo geolocation and AI-powered workflows to enhance collaboration and improve productivity. The app aims to bridge the gap between field and office operations, addressing the slow digital adoption in the sector. With a strong focus on empowering frontline workers, Kraaft is rapidly growing and redefining communication in construction.

Related People

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends