CHAT HISTORY

Highlights

Raft serves 60 freight forwarders in over 30 countries.

Raised $30 million in Series B funding led by notable investors.

Positioned as a leading logistics platform for top global freight forwarders.

Integrates AI into logistics workflows to enhance efficiency and reduce costs.

Company Description

  • Logistics
  • AI
  • Software Development
  • Transportation

Raft is the intelligent logistics platform that automates shipment execution for freight forwarders and customs brokers. It integrates AI into workflows to enhance efficiency and reduce costs, serving 60 freight forwarders in over 30 countries.

Founded in

01/2017

Headquarters Location

London, England, United Kingdom

Company type

Privately Held

Company Leadership

James Coombes

Co-Founder

Nisarg Mehta

Co-founder | CTO

James Coombes and Nisarg Mehta are co-founders of Raft, with backgrounds in biochemistry, public administration, and engineering, bringing expertise in financial markets and technology.

Financials

Estimated revenue range

$10M - $20M

Total funding

$47,870,000

Last funding round

Series B - $30,000,000

Investors

Bessemer Venture Partners

Eight Roads Ventures

Techstars

Dynamo

Future Outlook

Raft aims to continue expanding its customer base and enhancing its platform capabilities to further automate logistics processes.

Market Position

Raft is positioned as a leading logistics platform, serving a significant portion of the top global freight forwarders.

Headcount

Total headcount

136

The company has experienced a decline in headcount over the last month (-0.73%), quarter (-1.45%), and year (-4.89%), but has seen significant growth over the past two years (54.48%).

Headcount Growth

Headcount By Role

Information displayed on this page is sourced from publicly available data.

Last enriched on: Feb 09, 2025