About Draft
Draft is a company based in Canada founded in 2017. Draft has raised $9.13 million across 2 funding rounds from investors including Khosla Ventures, Y Combinator and Alex Norman. Draft offers products and services including Content Writing Platform and AI Tools. Draft operates in a competitive market with competitors including Grammarly, Ginger Software, Contents, Matter and QuillBot, among others.
- Total Equity Funding$9.13M (USD)
in 2 rounds
- Latest Funding Round$9M (USD), Series A
Apr 2021
- InvestorsKhosla Ventures
& 4 more
Products & Services of Draft
Draft offers a comprehensive portfolio of products and services, including Content Writing Platform and AI Tools.
On-demand tool for creating and revising blog posts and marketing content
Free AI-driven features for content ideas and brief building
Funding Insights of Draft
Draft has successfully raised a total of $9.13M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in April 2021. 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 $9.13M
- Total Rounds 2
- Last Round Series A — $9M
- First Round $125,000
(Mar 2021)
- Investors Count 5
All 2 funding rounds of Draft with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2021 | $9M | Series A | – | Global Founders Capital, Y Combinator | |
| Mar 2021 | $125,000 | Seed | – | Y Combinator | – |
5 investors in total: 4 institutional and 1 angel.
Investors in Draft
Draft has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Khosla Ventures, Y Combinator and Alex Norman.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage startups are accelerated via funding and educational programs. | – | ycombinator.com | Mountain View, United States | |
Venture capital firm focused on early-stage startups | – | globalfounderscapital.com | Berlin, Germany | |
Early-stage startups are funded by this venture capital firm. | 2004 | khoslaventures.com | Menlo Park, United States | |
Venture capital funding is provided to early-stage Canadian startups. | – | n49p.com | Canada | |
AN Alex Norman | Indian angel investor focusing on early-stage tech startups. | – | unknown_4833de7b97454ff1b | - |
Investor details for Draft
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Draft
3 dated milestones of Draft across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Draft is founded.
- Funding First funding round of $125K.
- Funding Latest funding round, Series A, of $9.0M.
Competitors of Draft
Draft 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 Grammarly, Ginger Software, Contents, Matter and QuillBot, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| grammarly.com | 2009 | San Francisco, United States | $545.37M | 659 | Provider of AI and cloud-based writing assistance platform for improving writing and communication | |
| gingersoftware.com | 2007 | Boston, United States | $11.7M | – | Grammatical skills are enhanced via contextual corrections and personalized lessons. | |
| contents.com | 2017 | Milano, Italy | $24M | – | Developer of an AI-based content-writing platform | |
| matter.dating | 2020 | Rancho Palos Verdes, United States | – | – | AI-driven audio-dating platform with voice profiles and matchmaking is provided. | |
| quillbot.com | 2017 | Chicago, United States | $4.28M | 158 | An AI-based paraphrasing tool is provided for text processing. | |
| inten.to | 2013 | Berkeley, United States | $16.25M | – | AI-driven translation and localization platform for enterprises is provided. | |
| anyword.com | 2013 | United States | $30.1M | – | Cloud-based AI platform for copywriting and marketing content is offered. | |
| numberfire.com | 2010 | New York, United States | $650,000 | – | Predictive sports analytics and fantasy projections are offered online. | |
| novusasi.com | 2020 | Boston, United States | $4.75M | – | Novus is recognized for providing agentic AI frameworks for enterprises. |
Detailed competitors of Draft
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Draft
The website of Draft (draft.co) receives about 12.5K visits a month and ranks #1,855,808 among all websites worldwide, #4,098 in Online Marketing.
- Monthly visits12.5K
- Unique visitors4.7K
per month
- Global rank#1,855,808
among all websites
- Category rank#4,098
Business and Consumer Services · Online Marketing
- Bounce rate49%
- Pages per visit2.0
- Average visit20 sec
- DevicesDesktop 31% · Mobile 69%
Websites whose visitors overlap most with Draft. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
connectively.us | connectively.us | 100% | – | – | – |
content-whale.com | content-whale.com | 100% | – | #439,674 | – |
nightwatch.io | nightwatch.io | 100% | – | #350,183 | – |
theseoplaybook.com | theseoplaybook.com | 39% | – | – | – |
Latest news on Draft
Complete news archive for Draft
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Draft
10 companies that operate in the same segment as Draft (Sports Technology Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operator of a platform providing skill-based games and interactive entertainment | 2018 | Delhi, Delhi, India | USD 92 M | USD 83.05 M | 1 | |
Subscription-based platform for streaming soccer content is offered. | 2015 | New York, New York, United States | USD 154.63 M | USD 1.62 B | 590 | |
Developer of a fantasy platform for multiple sports | 2009 | New York, New York, United States | USD 416.2 M | – | – | |
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 144.6 M | – | – | |
Online fantasy sports platforms are provided for multiple sports. | 2012 | Boston, Massachusetts, United States | USD 718.6 M | USD 6.05 B | 5,100 | |
Operator of a multifaceted platform for sports content and experiences | 2008 | Mumbai, Maharashtra, India | USD 1.34 B | USD 509.95 K | – | |
Skill-based online games are provided through a technology-driven platform. | 2006 | Mumbai, Maharashtra, India | USD 99.06 M | – | – | |
Real money skill-based gaming is facilitated through an online platform. | 2018 | Bengaluru, Karnataka, India | USD 401.22 M | USD 100.11 M | 212 | |
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | – | 2,458 | |
News media platform for soccer | 2008 | Berlin, Berlin, Germany | USD 320.1 M | – | – |
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Frequently Asked Questions about Draft
Draft was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Draft is headquartered in Canada.
Draft is a funded company, having raised a total of $9.13M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Mar 2021.
Founded in 2017 and based in Canada, Draft operates as an online platform in the content creation sector. Access to various writing jobs is provided for clients, while writers select projects, deadlines, and rates. Services encompass blog posts, social media content, web page copy, marketing emails, and AI-generated materials. The domain draft.co supports these operations.
Draft's top competitors include Grammarly, Contents and Ginger Software.
Draft offers Content Writing Platform and AI Tools.
Draft has 5 investors. Key investors include Khosla Ventures, Y Combinator, Alex Norman, Global Founders Capital, and N49P Venture Capital.