Business
July 16, 2023
3 min

Intelligent logistics platform Raft raises $30M in Series B funding - STAT Times

Intelligent logistics platform Raft has raised $30 million in its Series B funding round, led by global VC investor Eight Roads. The funding will be used to develop and deploy automation products, improve data collaboration, and expand Raft's market reach. Raft utilizes AI to help freight forwarders and customs brokers improve their operations and customer interactions. The company aims to provide a comprehensive AI platform that offers automation across the logistics industry. Raft has also released a shipment portal that allows customers to share data with their end-customers.

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Adhikansh Gupta
Content Manager

Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry