Craftable
- Company typePrivate
- Founded2015
- HeadquartersSan Francisco, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
Craftable firmographics
Firmographics- Name
- Craftable
- Legal name
- FNBTech, Inc.
- Website
- https://craftable.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Where Craftable is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Craftable business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Platform Subscription: Craftable operates as a subscription-based SaaS platform for hospitality back-office management. Pricing is quote-based and varies by operator size, number of locations, and module usage. The platform offers modules for Intelligent Ordering, AP Automation, Inventory & Recipe Management, and Daily Actionable Insights.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise/Multi-Unit Platform |
| Subscription | Annual | Module-Based Options |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Craftable product offering
Product offeringCore offering
Craftable is a cloud-based profit management SaaS platform for the hospitality industry that unifies purchasing, inventory, accounts payable, accounting, and analytics into a single system. It is sold as a subscription to multi-unit restaurant groups, hotels, resorts, and casinos, and is delivered with an AI layer (Invoice AI, Operator AI, Crafty) that automates invoice processing, surfaces financially ranked operational insights, and answers natural-language questions about menu and vendor performance.
Product overview
Craftable is a unified back-office software platform for the hospitality industry (restaurants, hotels, resorts, and casinos) that manages purchasing, inventory, accounts payable, and financial reporting in one connected system. The core Craftable Platform consists of four integrated modules: Intelligent Ordering (centralized vendor order management), Inventory & Recipe Management (real-time inventory and theoretical usage tracking), AP Automation (automated invoice processing with 3-way matching), and Daily Actionable Insights (consolidated BI dashboard). Built on this platform is Craftable AI, an operator-first AI layer comprising Invoice AI (automated invoice scanning and line item extraction), Operator AI (real-time anomaly detection and prioritized insights across P&L, labor, food cost, and sales), and Crafty (in-app conversational AI assistant for natural language queries). Upcoming AI capabilities include Sales Forecasting and Voice Audit AI. The platform connects to 1,000+ POS, EDI, API, and accounting systems and serves 10,000+ operators.
Differentiator
Problem solved
Functional benefit
Products and services
- Craftable Platform Unified back-office SaaS platform for hospitality operators that connects purchasing, inventory, accounts payable, accounting, and analytics in a single system for multi-unit restaurants, hotels, resorts, and casinos.
- Intelligent Ordering Centralized vendor order management module that automatically catches price discrepancies, tracks every purchase, and replaces spreadsheets and email chains in procurement for hospitality operators.
- AP Automation Automated accounts payable module that matches invoices to POs, flags discrepancies, and routes approvals, with AI-powered processing for payment, auto-matching, and price-drift flagging for hospitality operators.
- Inventory & Recipe Management Real-time inventory tracking module that connects physical counts to recipes and theoretical usage, enabling operators to spot margin loss and variance before it hits the P&L.
- Daily Actionable Insights Unified BI dashboard module surfacing food cost, labor, and purchasing data in one view, with variances and trends that enable faster operational decisions.
- Craftable AI Operator-first AI platform sitting on top of the Craftable platform, comprising Invoice AI, Mapping AI, Item AI, Operator AI, Crafty, Sales Forecasting, and Voice Audit AI, designed to automate invoice processing, surface financially ranked operational insights, and answer natural-language questions about hospitality operations.
Quantifiable outcome
- 5% reduction in cost of goods
- +9 more outcomes
Companies that use Craftable
Customer profileNamed customers14 records
Segments4 records
Ideal customer profiles3 records
Craftable technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration81 records
AI capability8 records
Feature9 records
Craftable partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core, preferred and standard.
- FinexiocoreStrategic partnership integrating Finexio's embedded AP payments-as-a-service capabilities into Craftable's invoice management platform. Combines AI-powered payment delivery, supplier management, and virtual card monetization with Craftable's existing AP processing. Transforms accounts payable from cost center into profit generator through automated workflows and virtual card adoption revenue.
- SyscopreferredIntegration partnership with global leader in food and non-food product distribution to restaurants and hospitality businesses. Enables automated invoice processing and real-time price updates for Craftable customers using Sysco.
- US FoodspreferredPreferred partner integration with leading foodservice distributor. Enables automated invoice processing, inventory sync, and real-time pricing for Craftable customers including Sugarfire Smokehouse.
- Gordon Food ServicepreferredIntegration partnership with broadline foodservice distributor serving restaurants and hospitality operators across North America.
- QuickBookspreferredIntegration with Intuit QuickBooks accounting platform enabling automatic GL mapping and invoice syncing without manual data entry. Featured integration for SMB customers like Jim's Steakout.
- ToastpreferredIntegration partnership with Toast POS system enabling automatic sales data ingestion, inventory sync, and operational data unification for Craftable customers.
- M3preferredIntegration with M3 hotel accounting and analytics solution used by major hospitality brands. The Adelphi Hotel uses Craftable with M3 for seamless AP automation and financial reporting.
- SquarepreferredPreferred partner integration with Square POS enabling unified operational data for restaurants and hospitality operators using both platforms.
- LightspeedstandardIntegration partnership with Lightspeed restaurant POS helping operators run efficient kitchens and provide better service with unified operational data.
- Sage IntacctpreferredIntegration with Sage Intacct accounting software for companies requiring cloud-based financial management and reporting.
- Oracle NetSuitestandardIntegration with Oracle NetSuite cloud business software suite for enterprise accounting and ERP capabilities.
- Performance Food GroupstandardIntegration with Performance Food Group for automated invoice processing and vendor management.
- Southern Glazer'sstandardIntegration with world's pre-eminent distributor of beverage alcohol for streamlined beverage inventory and invoice management.
- Breakthru Beverage GroupstandardIntegration with leading North American beverage wholesaler for automated invoice processing and pricing visibility.
- SpotOnstandardIntegration partnership with SpotOn POS combining point-of-sale, software, and payments with Craftable's back-office automation.
- 5-OutstandardIntegration with 5-Out automated restaurant forecasting tool using AI and ML to predict sales and optimize labor and purchasing decisions.
- National Restaurant AssociationcoreCraftable is a partner of the National Restaurant Association, the largest foodservice trade association in the world representing 500,000+ restaurant businesses. Provides industry advocacy and marketing visibility.
- CORE (Children of Restaurant Employees)corePartnership with CORE, which grants support to children of food and beverage service employees navigating life-altering circumstances. Demonstrates Craftable's commitment to hospitality community.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Craftable competitors and assessment
Company assessmentDirect peers
- Restaurant365: Restaurant365 is an all-in-one restaurant management software platform combining accounting, inventory, purchasing, payroll, and reporting for multi-unit operators. It is the closest direct competitor to Craftable, with overlapping back-office functionality and a similar target customer base.
- Compeat: Compeat provides restaurant back-office software integrating inventory, accounting, workforce, and analytics for multi-unit restaurant operators. It is listed in Craftable's own integration ecosystem, confirming direct overlap in restaurant management functionality and target market.
- Crunchtime: Crunchtime offers restaurant operations software focused on food cost, inventory, labor, and scheduling for full-service and multi-unit operators. It directly competes with Craftable's Inventory & Recipe Management and Daily Actionable Insights modules in the same vertical.
- Fourth: Fourth (which acquired HotSchedules) provides end-to-end hospitality operations software including inventory, purchasing, labor, and scheduling for restaurants and hotels. It is a direct peer given CEO David Cantu co-founded HotSchedules and given overlapping functionality with Craftable's back-office modules.
Emerging players
- MarginEdge: MarginEdge provides restaurant inventory and purchasing management with bill scanning and food-cost tracking, focused on chains and multi-unit operators. It overlaps directly with Craftable's invoice automation and inventory modules and is a frequent head-to-head in mid-market deals.
- Cut+Dry (formerly BlueCart): Cut+Dry provides restaurant ordering, purchasing, and inventory software, originally BlueCart. It overlaps with Craftable's Intelligent Ordering and AP automation modules and is frequently evaluated alongside Craftable in purchasing-focused buying decisions.
- 5-Out: 5-Out provides AI-powered restaurant sales forecasting and labor/purchasing optimization. It is listed as a Craftable integration partner and represents an emerging player in the same AI-driven hospitality back-office intelligence space, with potential overlap in predictive analytics.
Broad incumbents
- Toast: Toast is a leading restaurant POS platform that has expanded into back-office, payroll, and inventory modules. As a broad incumbent with deep penetration, it competes with Craftable in purchasing and inventory, and is also a key integration partner referenced in Craftable's ecosystem.
- Lightspeed Restaurant: Lightspeed Restaurant provides POS and commerce software for full-service and quick-service restaurants, with growing back-office capabilities. It is listed in Craftable's own integration ecosystem and competes for the same multi-unit operator technology budgets.
- TouchBistro: TouchBistro is a POS and restaurant management platform serving full-service restaurants, with expanding inventory and back-office features. It is also a Craftable integration partner and competes for technology spend at the operator level.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Craftable social profiles
Digital presenceCraftable compliance and trust
Trust signalCompliance1 record
Craftable financial estimates
Financial estimateRevenue estimate
Valuation estimate
Craftable leadership team
Management profileNumber of profiles
Profiles13 records
Craftable funding detail
Funding detailFunding overview
Funding rounds3 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Craftable M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Craftable
What does Craftable do?
Craftable is a cloud-based profit management SaaS platform for the hospitality industry that unifies purchasing, inventory, accounts payable, accounting, and analytics into a single system. It is sold as a subscription to multi-unit restaurant groups, hotels, resorts, and casinos, and is delivered with an AI layer (Invoice AI, Operator AI, Crafty) that automates invoice processing, surfaces financially ranked operational insights, and answers natural-language questions about menu and vendor performance.
Is Craftable a public or private company?
Craftable is a private company. It is classified as private equity controlled and is currently operating.
When was Craftable founded?
Craftable was founded in 2015. It employs 1 to 10 people.
Where is Craftable based?
Craftable is headquartered in San Francisco, United States, in the North America region.
How does Craftable make money?
One revenue line is on record: saaS Platform Subscription.
Who are Craftable's main competitors?
Direct peers on record are Restaurant365, Compeat, Crunchtime and Fourth. Emerging players are MarginEdge, Cut+Dry (formerly BlueCart) and 5-Out. Broad incumbents are Toast, Lightspeed Restaurant and TouchBistro.
Does Craftable have an API?
No public API is recorded for Craftable.