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FRAYT

Logistics and Transportation ~50 employees
Founded
--
Employees (Est.)
~50
5 leaders known
Total Funding
$14.0M
Funding Rounds
2
Last Funding
2023-04-19

About FRAYT

FRAYT is a tech company that provides an on-demand delivery platform, offering professional shipping solutions to businesses through an intuitive web platform and mobile app. Their mission is to optimize last mile operations, reduce costs, and enhance customer satisfaction with reliable delivery services.

Products & Services

FRAYT Rush:A fast delivery service for time-sensitive shipments, ensuring quick transport from point A to B.
FRAYT Flex:A reliable delivery service with more flexibility for shipments that are less time-critical.
FRAYT End-of-Day:A service designed for deliveries that need to be completed by the close of business.
Middle Mile Delivery:Delivery solutions tailored for middle mile logistics needs.
Last Mile Delivery:Comprehensive last mile delivery services with options for scheduled or on-demand deliveries, supported by real-time tracking and professional drivers.
Platform Features:Includes scheduled deliveries, batch routing, capacity planning, vehicle optimization, CSV uploads, preferred driver program, and operational support.
API Integration:Allows seamless connection with existing TMS and other systems for scalable delivery solutions.
Fleet Augmentation:Support for 3PLs and brokers to enhance delivery capacity with FRAYT's driver network.

Specialties

On-Demand Delivery Last Mile Delivery Middle Mile Delivery Real-Time Tracking Vehicle Optimization Driver Network Management API Integration

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Series A
T: -
FT: Series A 		A: 7000000
MR: -
FA: $7 million
FAN: 7000000 		D: 2023-04-19
FD: 2023-04-19 		4 investors
2 RT: Series A
T: -
FT: Series A 		A: 7000000
MR: -
FA: $7 million
FAN: 7000000 		D: 2023-04-11
FD: 2023-04-11 		4 investors
Series A Latest
2023-04-19
$7.0M
4 investors (Pro only)
Series A 2023-04-11
$7.0M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

L

Luke Denny

Co-Founder and CEO

LinkedIn (Pro only)
J

Josh McCord

Co-Founder and CDO

LinkedIn (Pro only)
E

Elijah Brandyberry

Director of Engineering

LinkedIn (Pro only)
M

Marek Haile

Manager, Operations

C

Casey Luers

Controller

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Recent News

FRAYT Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
frayt.com
Industries
Logistics and Transportation
Company Size
~50 employees (est.)

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Technology Stack

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