About Craftwork
Craftwork is a company based in Charlotte (United States) founded in 2023 by Mike Bifulco, Suzanne Griffin, and Tim Griffin. It operates as a Professional Services. Craftwork has raised $17 million across 3 funding rounds from investors including Slow Ventures, Lachy Groom and FourCities Capital. The company has 2 employees as of December 31, 2021. Craftwork offers products and services including Interior Painting, Exterior Painting, and Cabinetry Painting. Craftwork operates in a competitive market with competitors including Patchmaster, CertaPro Painters, Backdrop, Condominium Associates and Savage Brothers Painting, among others.
- Headquarter Charlotte, United States
- Employees 2 as on 31 Dec, 2021
- Founders Mike Bifulco, Suzanne Griffin, Tim Griffin
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Craftwork
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17 M (USD)
in 3 rounds
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Latest Funding Round
$7 M (USD), Series A
Jan 19, 2025
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Investors
Slow Ventures
& 8 more
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Employee Count
2
as on Dec 31, 2021
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Products & Services of Craftwork
Craftwork offers a comprehensive portfolio of products and services, including Interior Painting, Exterior Painting, and Cabinetry Painting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Interior spaces are painted with customized color selections.
Exterior surfaces are coated for protection and aesthetics.
Cabinets are refinished offsite for flawless, durable results.
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Funding Insights of Craftwork
Craftwork has successfully raised a total of $17M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $7.0M
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First Round
First Round
(16 Jul 2023)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series A - Craftwork | Valuation | Slow Ventures | |
| Nov, 2023 | Amount | Seed - Craftwork | Valuation | Forerunner Ventures | |
| Jul, 2023 | Amount | Seed - Craftwork | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Craftwork
Craftwork has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Slow Ventures, Lachy Groom and FourCities Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage tech investments are made primarily in US companies.
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Founded Year | Domain | Location | |
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Early-stage tech startups are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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Early-stage investments are directed toward tech startups by Forerunner Ventures.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Craftwork
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Craftwork
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Craftwork Comparisons
Competitors of Craftwork
Craftwork operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Patchmaster, CertaPro Painters, Backdrop, Condominium Associates and Savage Brothers Painting, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Plaster and painting repair services are provided for home maintenance.
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| domain | founded_year | HQ Location |
Offers painting services for homes and businesses with quality assurance processes.
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| domain | founded_year | HQ Location |
Backdrop is recognized as an online paint and home decor store.
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| domain | founded_year | HQ Location |
Offers expert management and financial services for condominium and homeowner associations.
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| domain | founded_year | HQ Location |
Provides expert commercial painting services with over 40 years of experience, ensuring timely and budget-friendly projects.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Craftwork
Frequently Asked Questions about Craftwork
When was Craftwork founded?
Craftwork was founded in 2023.
Where is Craftwork located?
Craftwork is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Who is the current CEO of Craftwork?
Tim Griffin is the current CEO of Craftwork. They have also founded this company.
Is Craftwork a funded company?
Craftwork is a funded company, having raised a total of $17M across 3 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Jul 16, 2023.
How many employees does Craftwork have?
As of Dec 31, 2021, the latest employee count at Craftwork is 2.
What does Craftwork do?
Craftwork is focused on delivering high-quality residential painting services across Charlotte and surrounding areas. Interior, exterior, and cabinetry painting solutions are offered to enhance and protect homes. Detailed project planning, meticulous preparation, and top-tier results are ensured through full-time professional painters. The company operates in the home improvement sector, catering to homeowners and real estate professionals with customized color selections and innovative techniques. End-to-end communication and comprehensive resources are provided to guide clients through the painting process.
Who are the top competitors of Craftwork?
Craftwork's top competitors include Fresh Coat Painters, Backdrop and Patchmaster.
What products or services does Craftwork offer?
Craftwork offers Interior Painting, Exterior Painting, and Cabinetry Painting.
Who are Craftwork's investors?
Craftwork has 9 investors. Key investors include Slow Ventures, Lachy Groom, FourCities Capital, Forerunner Ventures, and Pioneer Fund.
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