Where is Raft located?

Raft is headquartered in London, United Kingdom.

Who is the current CEO of Raft?

James Coombes of Raft. They have also founded 1 company.

Which legal entities is Raft associated with?

Raft is associated with VECTOR AI LTD.

How many employees does Raft have?

As of Sep 30, 2026, the latest employee count at Raft is 118.

Is Raft a funded company?

Raft is a funded company, having raised a total of $30M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round.

When was the latest funding round of Raft?

Raft's latest funding was a $***** Series B round on Jul 10, 2023, with participation from 6 investors. Its primary sector is Logistics Tech. In United Kingdom, the Logistics Tech sector has seen $78.8M in funding in 2026 to date.

Where does Raft rank among its competitors?

Raft ranks 9th amongst 1178 active competitors, of which 83 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Kale Logistics Solutions, which secured $30M in Sep, 2023.

Who are the top competitors of Raft?

Raft's top competitors include WiseTech Global, Kale Logistics Solutions and Descartes. Among them, Kale Logistics Solutions secured the most recent funding round in September, 2023.

Raft - 2026 Company Profile, Team, Funding, Competitors & Financials

Raft is a series B company based in London (United Kingdom), founded in 2017 by Nisarg Mehta, James Coombes and Andrew Noel. It operates as a Developer of agentic software platforms for automating supply chain operations. Raft has raised $30M in funding from investors like Eight Roads Ventures, Bessemer Venture Partners and Booom. The company has 1178 active competitors, including 83 funded and 63 that have exited. Its top competitors include companies like WiseTech Global, Kale Logistics Solutions and Descartes.

Company Details

Developer of agentic software platforms for automating supply chain operations. This technology centralizes fragmented data to create a unified source of truth for logistics organizations. The software enables the deployment of autonomous agents to manage tasks such as customs documentation, invoice processing, and shipment tracking. By integrating with existing management systems, the platform coordinates workflows across departments to execute repetitive administrative functions without manual intervention. The system provides visibility into operational processes and applies rules-based logic to handle complex logistics requirements.

Website: raft.ai
Social
Email ID: *****@raft.ai

Key Metrics

Founded Year

2017

Location

London, United Kingdom

Stage

Series B

Total Funding

$30M in 2 rounds

Latest Funding Round

Series B, Jul 10, 2023, $*****

Investors

Eight Roads Ventures & 5 more

Ranked

9^th among 1178 active competitors

Employee Count

118 as on Sep 30, 2026

Similar Companies

WiseTech Global & 1228 more

View Raft's full profile

Raft is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
VECTOR AI LTD CIN: 11063616 , United Kingdom, Active	Nov 13, 2017	-	46 (As on Dec 31, 2024)

Raft has raised a total funding of $30M over 2 rounds. Its latest funding round was a Series B round on Jul 10, 2023 for $*****. 6 investors participated in its latest round. Raft has 6 institutional investors.

Here is the list of recent funding rounds of Raft:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 10, 2023	1199033	Series B	5576515	7383851	2662935	9805905

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View details of Raft's funding rounds and investors

The founders of Raft are Nisarg Mehta, James Coombes and Andrew Noel. James Coombes is the CEO of Raft.

Here are the details of Raft's key team members:

Nisarg Mehta: Co-founder | CTO of Raft. They are also an angel investor in 1 startup and serve on the boards of 2 companies.
James Coombes: Co-Founder & CEO of Raft and founder of 1 other company. They serve on the boards of 2 companies.
Contact Info: 2 email addresses
Andrew Noel: Cofounder of Raft and founder of 1 other company.

Raft's Board of Directors

Raft's board has 3 active members. Nisarg Mehta, James Coombes and Michael Treskow are independent board members.

Here is the list of Raft's board of directors:

Name	Type	Representing	Status	Duration
Nisarg Mehta	Independent board member	-	Current	8y 11m
{bdheef	Independent board member	-	Current	2y 6m
hjthgnc	Independent board member	-	Current	2y 7m

View details of Raft's Founder profiles and Board Members

Raft's employee count trend

Raft has 118 employees as of Sep 26. Here is Raft's employee count trend over the years:

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Top competitors of Raft include WiseTech Global, Kale Logistics Solutions and Descartes. Here is the list of Top 10 competitors of Raft, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	WiseTech Global 1994, Alexandria (Australia), Public	Provider of a cloud-based logistics software suite	$35M	Fidelity Investments, Smallco Investment Manager ... & 3 others	75/100
2nd	Kale Logistics Solutions 2010, Thane (India), Series B	Provider of cloud-based platforms for logistics, ports, and trade facilitation	$40.1M	Inflexor, Creaegis & 63 others	71/100
3rd	Descartes 1981, Waterloo (Canada), Public	Provider of cloud-based solutions for logistics and supply chain management	-	Herald Investment Management, Activate Venture Partners ... & 3 others	66/100
4th	Magaya Corporation 2001, Miami (United States), Late Stage	Provider of cloud-based supply chain and logistics software for businesses	-	LLR Partners, Apax	63/100
5th	Senior Sistemas 1988, Blumenau (Brazil), Unfunded	Provider of enterprise resource planning, supply chain, and human capital solutions	-	-	63/100
6th	RXO 1998, San Francisco (United States), Public	Cloud based platform providing freight forwarding solutions	-	-	61/100
7th	Navis 1988, Oakland (United States), Acquired	Provider of cloud-based shipping and port management solutions	-	GCT New York, Summit Partners & 2 others	59/100
8th	Ascent Global Logistics 2017, Belleville (United States), Acquired	Cloud-based freight forwarding solutions	-	Elliott Management, H.I.G. Private Equity ... & 2 others	57/100
9th	Raft 2017, London (United Kingdom), Series B	Developer of agentic software platforms for automating supply chain operations	$30M	Episode 1 Ventures, Booom & 4 others	57/100
10th	Vector AI 2017, London (United Kingdom), Series A	AI & web-based automated freight forwarding and management solution for the logistics industry	$15M	Bessemer Venture Partners, Techstars & 3 others	57/100