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London-Based Logistics Provider Raft Raises $30 Million In Series B Funding Round

Jul 11, 2023about 2 years ago

Amount Raised

$30 Million

Round Type

series b

McleanSoftwareConsulting

Investors

Moguntia CapitalDynamo VenturesEpisode 1Bessemer Venture PartnersEight Roads

Description

London-based logistics provider Raft, formerly known as Vector.ai has raised $30 million in a Series B funding round. According to the company the new capital will be used to further R&D efforts. Since late 2018 the startup has now raised approximately $48 million.

Company Information

Company

Raft

Location

Mclean, Virginia, United States

About

Raft is a leading defense technology company dedicated to empowering the U.S. military and government agencies with cutting-edge AI/ML and data solutions. We transform complex data into actionable insights, enabling mission-critical decisions, and changing the way we fight on earth, and beyond.

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
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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