Craftt, a decentralized platform designed for the modern workforce, recently closed a $2 million seed funding round led by Superscrypt, with participation from DCG and other notable angel investors. With this milestone, Craftt aims to support independent workers, including freelancers, consultants, and digital nomads, by providing universal benefits that traditionally were limited to full-time employees. The funding will drive Craftt’s mission to create financial confidence and flexibility for a rapidly evolving labor market.
Key Components of Craftt’s Platform
- Craftt ID for Secure Verification
- Craftt ID represents a user’s identity on the platform, enabling seamless sign-on and access to benefits, payments, and verified credentials.
- Craftt Pass as the Gateway to Universal Benefits
- Craftt Pass offers access to perks like health insurance discounts, global payment solutions, and work-life support, helping independent workers streamline career essentials within one app.
- Benefits & Payments Infrastructure
- The core infrastructure connects users with subsidized health benefits, rewards, earnings, and payments, creating an interconnected ecosystem that adapts to their diverse work needs.
- Craftt API and No-Code Tools for Partner Integrations
- By providing API access and no-code tools, Craftt enables businesses to integrate its benefits and payments system, extending support to their user bases effortlessly.
A New Era of Work: Flexibility and Decentralization
With more than half of the global workforce comprising independent workers, Craftt’s vision aligns with today’s demands for autonomy, flexibility, and a more inclusive work environment. Craftt sees a shift away from traditional 9-to-5 jobs toward flexible, multi-dimensional careers and aims to remove barriers for independent workers through a decentralized approach to benefits and payments.
Investor Support and Future Plans
Superscrypt and DCG, the leading investors in this funding round, are enthusiastic about Craftt’s potential to redefine work relationships and make benefits accessible to all. Jacob Ko of Superscrypt highlighted the platform’s power to simplify connections between businesses and independent workers by providing comprehensive benefits and secure verification. Craftt’s recent integration with World ID is also a step toward broadening access, allowing over 15 million users to log into Craftt Pass with Worldcoin for universal benefits.
What’s Next for Craftt
Craftt Pass, currently in public beta, offers immediate benefits such as cashback and global health insurance discounts. With upcoming plans to expand toward Layer-2 infrastructure, Craftt aims to unlock additional benefits and earnings for users, fostering a supportive and adaptable platform for the next generation of independent workers.
