Raft Receives $60M Growth Investment from Washington Harbour Partners

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Summary

The company intends to use the funds to intensify its research and development efforts, enhancing its Command and Control (C2) product offerings for the tactical edge. The company’s suite, the majority of which includes Government Purpose Data Rights, is operational across multiple classifications and includes: • R[ABMS]: An AI-driven automated battle management system (ABMS) reshaping battlefield decision-making by freeing up the workload and training air battle managers. Raft partners with DoD agencies to develop, mature, and operationalize data-centric and AI-powered software systems at all classification levels to deliver operational advantage at the speed of need and harness the power of data at scale. Commenting on the news, Shubhi Mishra said: “Next generation, advanced technologies are transforming how wars are initiated, fought, resolved, won, and deterred. Washington Harbour’s deep knowledge of our industry, shared vision, and expansive strategic relationships all give me great confidence and excitement in continuing to serve our customers and our country, especially at the mission’s edge.”

$ Funding

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Amount $60.0M Total raised
Date April 11, 2024 Announcement date
Investors - Lead investors
Company - Funded company

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