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§ Private Profile · Reston, VA, USA
Raft is a company.
Raft has raised $45.0M across 2 funding rounds.
Key people at Raft.
Raft has raised $45.0M in total across 2 funding rounds.
Raft develops data and artificial intelligence software, forming the foundation for modern warfare. Its platforms:Data, AI Mission, and Application Platforms:utilize autonomous data fusion. These solutions unify disparate systems and data, providing real-time situational awareness and enhancing decision-making in complex military environments.
Shubhi Mishra founded Raft in 2018, driven by the need for adaptable software to solve critical military challenges. Her philosophy optimized solutions and streamlined processes, shaping a flexible architecture. This enables Raft's offerings to scale to operator demands and mission requirements.
Raft serves the U.S. government and public agencies, empowering Department of Defense operators. The company's vision is to be the indispensable software backbone for modern warfare. It fosters a new era where human expertise and AI collaboratively achieve faster, more reliable, and precise operational outcomes.
Raft LLC is a Reston, Virginia-based advanced software engineering firm specializing in next-generation software, data, and AI products for national security challenges.[1][4][5] It primarily serves the U.S. Department of Defense (DoD), Intelligence Communities, and select federal civilian agencies, solving complex mission-critical problems through innovative, data-driven solutions like AI-powered command and control (C2) systems at the tactical edge.[1][2][4] Founded in 2018, Raft has demonstrated strong growth momentum, securing over $60 million in strategic investment from Washington Harbour Partners in April 2024 to fuel R&D and expansion, earning spots on LinkedIn's 2024 Top Startups on the Rise in Washington D.C., and forming a Federal Advisory Board with U.S. military generals.[5][6]
The company pioneers revolutionary AI, machine learning, and data science to deliver operational advantages, transforming how warfighters operate across air, land, sea, space, and cyber domains.[1][3][5] Led by Founder and CEO Shubhi Mishra, Raft positions itself as a market leader in defense technology, with recent milestones including appointing a new COO from Accenture Federal Services and winning Built In’s 2024 Best Place to Work Award.[6]
Raft was founded in 2018 by Shubhi Mishra, who remains CEO and a significant shareholder.[1][5] Mishra launched the company as a modern technology and data-focused firm targeting the DoD and national security missions, drawing on expertise to address urgent challenges in defense software engineering.[1][4] Early traction built on Raft's reputation for deep engineering and AI innovation, culminating in pivotal growth moments like the 2024 $60+ million investment from Washington Harbour Partners, which solidified its role as their platform for DoD and intelligence software development.[1][3][5]
The investment announcement highlighted Raft's evolution from a startup to a "powerhouse" in AI-powered solutions, with Mishra emphasizing the need for next-generation tech amid transforming warfare paradigms.[5] Key hires, such as former Accenture Federal Services MD Mark Procaccini as COO, and the inaugural Federal Advisory Board with Air Force and Army generals, marked accelerated scaling.[6]
(Note: Search results distinguish this Raft from an unrelated AI logistics firm at raft.ai, focused on freight forwarding.[7])
Raft rides the surging wave of defense technology modernization, where AI, data analytics, and edge computing are reshaping national security amid great-power competition and cyber threats.[1][5] Its timing aligns with DoD's push for rapid, innovative software to counter evolving battlefields, including multi-domain operations and AI deterrence, as traditional systems lag behind agile adversaries.[2][5] Market forces like sustained federal budgets for non-cyclical defense tech, cybersecurity, and government services favor Raft, amplified by investor focus on "blue chip" federal leaders.[1][3]
Raft influences the ecosystem by serving as Washington Harbour's DoD software platform, fostering deeper public-private tech integration and accelerating AI adoption for warfighters, while its milestones signal rising Virginia's D.C.-area startup hub for mission-focused innovation.[4][5][6]
Raft is primed to dominate AI-driven defense software, leveraging its $60M war chest for R&D breakthroughs in tactical C2 and multi-domain ops, potentially expanding into more federal civilian applications.[1][2] Trends like AI proliferation in warfare, edge computing demands, and federal digitization will propel growth, with risks tied to contract wins and geopolitical shifts. Its influence could evolve into a category leader, shaping how militaries harness data at scale—echoing its founding mission to pioneer solutions for the nation's toughest digital battles.[1][5]
Key people at Raft.
Raft has raised $45.0M across 2 funding rounds. Most recently, it raised $30.0M Series B in July 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2023 | $30M Series B | Eight Roads Ventures | F Prime Capital, INKEF Capital, TWO Sigma Ventures, Bessemer Venture Partners, Dynamo Ventures, Moguntia Capital | Announced |
| Sep 1, 2021 | $15M Series A | Bessemer Venture Partners | 33N Ventures, Bright Pixel Capital, Dynamo Ventures | Announced |
Raft has raised $45.0M in total across 2 funding rounds.
Raft's investors include Eight Roads Ventures, F-Prime Capital Partners, INKEF Capital, Two Sigma Ventures, Bessemer Venture Partners, Dynamo Ventures, Moguntia Capital, 33N Ventures, Bright Pixel Capital.
