Craftwork Secures $6 Million in Seed Funding to Fuel Expansion

Image
11/23/2023

Craftwork Secures $6 Million in Seed Funding to Fuel Expansion

In a significant boost for the home repairs sector, Craftwork, a US-based startup, has successfully raised $6 million in seed funding. The funding round, spearheaded by Forerunner Ventures, saw enthusiastic participation from industry stalwarts including General Catalyst, Y Combinator, a16z General Partner Jeff Jordan, and DoorDash Co-founder Evan Moore.

Craftwork, helmed by CEO Tim Griffin, is poised to revolutionize the home services landscape through its tech-enabled platform, beginning with a focus on house painting. The company has experienced remarkable growth, catapulting from $1 million to an impressive $150 million in revenue within just 18 months, all while operating in a single market.

The freshly injected capital will be pivotal in fueling Craftwork’s ambitious expansion plans, enabling the company to broaden its operations and extend its business footprint. As Craftwork continues to redefine the home repairs space, eyes remain on the innovative solutions and consumer-centric approach that have propelled the startup to such remarkable heights in a relatively short span.