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Frayt
AddedFeb 15, 2024
UpdatedJun 18, 2026
Frayt

Frayt

Series A

FRAYT: Providing coast-to-coast, same-hour delivery solutions via a user-friendly app.

HQ
Cincinnati, OH, US
Founded
2017
Overview
Compare
Fundraising
Employees
Website

Founded with the mission to revolutionize last-mile logistics, FRAYT offers same-hour delivery solutions through a user-friendly application. The company enables businesses and retailers across the United States to provide rapid delivery services to their customers. FRAYT's platform includes both a Marketplace UI and an API, allowing users to easily schedule shipments, obtain instant quotes, and track deliveries in real-time. Their focus is on providing efficient, coast-to-coast delivery services that cater to the growing demand for quick and reliable shipping.

FRAYT has attracted notable investors and industry experts who believe in its innovative approach to logistics. The company's key achievements include expanding its service coverage nationwide and integrating advanced technology to streamline the delivery process. By offering a seamless and efficient delivery solution, FRAYT has significantly impacted the logistics sector, enhancing customer satisfaction and operational efficiency for businesses.

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Frayt - Quick Facts

Who are Frayt's competitors?

Companies similar to Frayt include Onfleet, Fabric, Mothership and Shipsi.

When was Frayt founded?

Frayt was founded in 2017.

Where is Frayt's headquarters located?

Frayt's headquarters is located in Cincinnati, OH, US.

When was Frayt's last funding round?

Frayt's most recent funding round was for $7M (USD) in April 2023.

How much has Frayt raised to-date?

As of Apr 11, 2023, Frayt has raised a total of $7M (USD).

How many employees does Frayt have?

Frayt has 30 employees as of Feb 5, 2024.

Frayt - Classification

Ownership
  • Equity
  • Venture Capital
Technology
  • Logistics Software
Geographic Exposure
  • United States
Model
  • Marketplace
  • Platform
Revenue
  • Transactional
  • Usage-based
Customer
  • Enterprise
  • Small Business
Main Product
  • Delivery
  • Logistics
Tags
  • API
  • Freight Tech
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541000Professional, Scientific, and Technical Services
  • 541600Management, Scientific, and Technical Consulting Services
  • 541610Management Consulting Services
  • 541614Process, Physical Distribution, and Logistics Consulting Services
SIC
  • 4700Transportation Services
  • 4720Arrangement Of Passenger Transportation
  • 4729Arrangement Of Passenger Transportation, Not Elsewhere Classified
Show 5 more industry codes
NAICS
  • 485100Urban Transit Systems
  • 480000Transportation and Warehousing
  • 485000Transit and Ground Passenger Transportation
  • 485110Urban Transit Systems
SIC
  • 4730Arrangement Of Transportation Of Freight And Cargo