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

Jul 11, 2023

Amount Raised

$30 Million

Round Type

Series B

SoftwareConsulting

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.

Quick answer

Raft raised $30 Million in a Series B round, dated July 11, 2023. Investors: Moguntia Capital, Dynamo Ventures, Episode 1, Bessemer Venture Partners and Eight Roads.

How much did Raft raise?
Raft raised $30 Million in a Series B round on July 11, 2023.
Who invested in Raft?
Moguntia Capital, Dynamo Ventures, Episode 1, Bessemer Venture Partners and Eight Roads are named as investors in this round.
What does Raft do?
Since late 2018 the startup has now raised approximately $48 million. “We founded Raft as an AI-first company because we saw an opportunity to empower freight forwarders and customs brokers with technology, and take..
Where is Raft based and how big is it?
Fundz records about 353 employees.
Who are the decision-makers at Raft?
Fundz holds 1 contact at Raft. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Consulting and Software around the same time

Companies in the same sectors as Raft that raised within 45 days of this round, from Fundz verified event records.

  • Zyston raised an undisclosed amount on July 11, 2023.
  • FOSSA raised $4.5M (Seed) on August 25, 2023.
  • Lucendi raised $1M (Seed) on August 25, 2023.
  • Modular raised $100M (Funding Round) on August 24, 2023.
  • SpyCloud raised $110M (Funding Round) on August 24, 2023.
  • Pi-xcels raised $1.7M (Seed) on August 24, 2023.

Who to call at Raft, and when

A new round usually means Raft is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Raft raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Raft, from your own LinkedIn network

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Company Information

Company

Raft

About

Since late 2018 the startup has now raised approximately $48 million. “We founded Raft as an AI-first company because we saw an opportunity to empower freight forwarders and customs brokers with technology, and take pressure off their operational teams so that they could focus on their customers instead of their keyboards,” commented Raft CEO and co-founder James Coombes.

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Fundz sees it the moment Raft raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Raft raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.