Raft - About the company
Raft is an acquired company based in Reston (United States), founded in 2018 by Shubhi Mishra. It operates as a Provider of digital solutions for public agencies and enterprises. Raft has raised $60M in funding. The company has 133284 active competitors, including 1012 funded and 7756 that have exited. Its top competitors include companies like IBM, Mindtree and UST.
Company Details
Provider of innovative digital solutions for public agencies, focusing on application development for mission-focused enterprises. Located in Reston, Virginia, Raft is a team of 200+ individuals dedicated to solving complex problems with a passion for culture that aims to change the world.
- Website
- teamraft.com
- Social
- Email ID
- *****@teamraft.com
- Phone Number
- +1 **********
- Registered Address
- Reston, Virginia
Key Metrics
Founded Year
2018
Location
Reston, United States
Stage
Acquired
Total Funding
$60M in 1 round
Latest Funding Round
Investors
Ranked
861st among 133284 active competitors
Employee Count
347 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Leonardo DRS (Jul 28, 2026)
Legal entities associated with Raft
Raft's acquisition details
Raft got acquired by Leonardo DRS on Jul 28, 2026 at an acquisition amount of $*****.
Click here to take a look at Raft's acquisition in detail
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Raft's funding and investors
Raft has raised a total funding of $60M over 1 round. Its latest funding round was a Series C round on Apr 10, 2024 for $*****. 1 investor participated in its latest round. Raft has 1 institutional investor.
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 |
|---|---|---|---|---|---|---|
Apr 10, 2024 | 4093386 | Series C | 9767367 | 9730290 | 3340681 | 3376415 |
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Raft's founders and board of directors
Founder? Claim ProfileThe founders of Raft is Shubhi Mishra. Shubhi Mishra is the CEO of Raft.
Here are the details of Raft's key team members:
- Shubhi Mishra: Founder & CEO of Raft. Contact Info: 1 email address
View details of Raft's Founder profiles and Board Members
Raft's employee count trend
Raft has 347 employees as of Aug 26. Here is Raft's employee count trend over the years:
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Raft's Competitors and alternates
Top competitors of Raft include IBM, Mindtree and UST. Here is the list of Top 10 competitors of Raft, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | IBM 1911, Armonk (United States), Public | Provider of hybrid cloud, artificial intelligence, and IT consulting services | - | 81/100 | |
2nd | Consulting and implementations company | $23.9M | 78/100 | ||
3rd | UST 1999, Aliso Viejo (United States), Late Stage | Provider of data analytics, cloud modernization, management strategy, and digital transformation services | $250M | 76/100 | |
4th | Provider of consulting, data analytics, and IT services | - | 75/100 | ||
5th | Provider of IT consulting, technology, and outsourcing services | - | 75/100 | ||
6th | Hewlett Packard Enterprise 2015, Houston (United States), Public | Provider of edge-to-cloud solutions, products, and services for enterprise organizations | - | 73/100 | |
7th | Virtusa 1996, Westborough (United States), Acquired | IT services company | $45.2M | 73/100 | |
8th |  Datamatics 1975, Mumbai (India), Public | Provider of digital technologies, business process management, analytics, and automation services | $3M | 73/100 | |
9th | Provider of diversified application development, IT consulting, and digital transformation services | - | 73/100 | ||
10th |  Sutherland 1986, Pittsford (United States), Late Stage | Provider of business process and technology management services | $60M | 73/100 | |
861st |  Raft 2018, Reston (United States), Acquired | Provider of digital solutions for public agencies and enterprises | $60M | 46/100 |
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Raft's Investments and acquisitions
Raft has made no investments or acquisitions yet.
Reports related to Raft
Here is the latest report on Raft's sector:
News related to Raft
Filter this listMedia has covered Raft for a total of 9 events in the last 1 year, 5 of them have been about company updates and 1 about partnerships.
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Raft CEO Shubhi Mishra Discusses Primacy of Data in Modern BattlefieldExecutiveBiz•Feb 17, 2026•Raft
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Raft Awarded Contract for Desert Sentry to Accelerate AI for CENTCOM MissionsBenzinga•Jan 23, 2026•Raft
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Raft Powers U.S. Air Force's Largest Indo-Pacific Exercise with Cutting-Edge AI PlatformPR Newswire•Oct 09, 2025•Raft
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Raft and N3bula Systems Merge to Accelerate AI Defense InnovationBenzinga•Jun 17, 2025•Raft, N3bulasystems
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Raft Acquires N3bula Systems to Accelerate Mission-Critical AI Defense InnovationPR Newswire•Jun 17, 2025•Raft, N3bulasystems
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