New York-based Craftt, which has set out to create a decentralized platform for a “modern workforce,” has raised $2 million seed round led by Superscrypt, which has offices in Boston, New York and Singapore. Other participants included London-based DCG Expeditions and some angel investors
Craftt was founded by Peggy Choi, a computer science engineering major from the University of Pennsylvania. She studied finance and economics at the Wharton School, and went on to work at Goldman Sachs and TPG Capital before turning an entrepreneur. Choi previously founded Lynk, a platform that brought mentorship to knowledge workers.
The company says it is building a “frictionless and fairer future of work,” that will aim to bring “universal benefits” not available to bulk of the workforce. Craftt targets independent workers (freelancers, consultants, contractors, digital nomads, remote workers, and creators) who make up over 50% of the three billion workforce.
“We are excited to back Craftt in building out their vision of an empowered modern workforce,” said Superscrypt’s Jacob Ko. “Their platform allows companies to easily access, interact, and transact with independent workers, verify their work history, and provide them with benefits otherwise unavailable to them.”
Commercial Real Estate
MacKenzie Companies
Advertising / Media / Communications / Public Relations
Nevins & Associates
Financial Services / Investment Firms
Chesapeake Corporate Advisors
Commercial Real Estate
Monday Properties
Venture Capital
Blue Delta Capital Partners
Internet / Technology
Foxtrot Media
DCG’s Anna Bertha said she was excited by the “transformative” potential of Craftt’s platform. “The Craftt team’s innovative approach to decentralizing the future of work is powering opportunities for millions of independent workers around the globe,” she added.
Craftt Pass is in public beta, offering access to World ID, a digital proof of human for the internet. It plans to further develop the platform toward a Layer-2 infrastructure, expand its ecosystem partnerships and bring more benefits to users.
The funding round will accelerate the development of Craftt’s decentralized infrastructure and help it expand partnerships, ecosystem apps and integrations, Craftt said.
