Investor profile
Craft Ventures
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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.”
“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.”
“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.”
Recent investments
| Company | Round | Size | Date |
|---|---|---|---|
| Supabase | Series F | $449m | 2026-06-04 |
| Replit | Series D | $400m | 2026-03-11 |
| OpenEvidence | Series D | $250m | 2026-01-21 |
| ElevenLabs | Series C | — | 2025 |
| Vanta | Series D | $150m | 2025-07 |
| Allen Control Systems | Series A | $200m | 2025 |
| ClickUp | Series C | $400m | 2021 |
| Horizon3.ai | Series C | $40m | 2023 |
| Upwind Security | Series A | $50m | 2023 |
| Affirm | Series G | — | 2020 |
Frequent co-investors
| VC firm | Deals together |
|---|---|
| Y Combinator | 12 |
| Andreessen Horowitz | 10 |
| Sequoia Capital | 7 |
| Coatue Management | 5 |
| Kleiner Perkins | 4 |
| General Catalyst | 4 |
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