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Craft Ventures

USCAAUSGOtherB2B SaaSAI/MLFintechCybersecurityDevtoolsEnterpriseMarketplacesHealthtech

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Investment thesis

Craft Ventures focuses on investing in B2B software companies because these are high-growth, high-margin businesses with recurring revenue. Once these companies achieve category leadership, they are hard to dislodge and tend to compound value over time. The firm leverages deep experience as former SaaS founders and operators to share best practices and winning playbooks with portfolio companies. With the rise of generative AI, Craft sees a host of new opportunities for software companies to create value for business customers — from new product creation to enhanced user experiences and accelerated growth. The firm operates a combination of early-stage and growth funds ($3.3B AUM) to support the most exciting B2B software companies across stages, and was built to be 'low maintenance but high value-add' — designed by founders for founders.

Notable quotes

We focus on investing in B2B software companies because these are high-growth, high-margin businesses with recurring revenue. Moreover, once these companies achieve category leadership, they are hard to dislodge and tend to compound value over time.

David Sacks · https://www.craftventures.com/articles/announcing-1-3-billion-for-craft-ventures-iv-and-growth-ii · 2023-11-09

With new advancements in generative AI, we see a host of opportunities for software companies to create value for business customers. We are in the early innings of a profound new tech wave that can spawn many new unicorns, just like the cloud, mobile, and social waves that came before it.

David Sacks · https://www.craftventures.com/articles/announcing-1-3-billion-for-craft-ventures-iv-and-growth-ii · 2023-11-09

We are poised to double down on our mission to partner with the most promising early-stage and growth-stage software founders. We look forward to continuing our focus in areas we know well — SaaS and Marketplaces — and dedicating even more resources to help support the next generation of iconic companies.

Jeff Fluhr · https://www.craftventures.com/articles/announcing-craft-iii-1-1-billion-for-saas-and-marketplaces · 2021-08-04

Recent investments

CompanyRoundSizeDate
SupabaseSeries F$449m2026-06-04
ReplitSeries D$400m2026-03-11
OpenEvidenceSeries D$250m2026-01-21
ElevenLabsSeries C2025
VantaSeries D$150m2025-07
Allen Control SystemsSeries A$200m2025
ClickUpSeries C$400m2021
Horizon3.aiSeries C$40m2023
Upwind SecuritySeries A$50m2023
AffirmSeries G2020

Frequent co-investors

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