Frayt Raises $7 Million, Brings Last-Mile On-Demand Delivery To Over 50 Major U.S. Markets
04/11/23, 12:06 PM
Location
cincinnatiMoney raised
$7 million
Industry
supply chain management
logistics
transportation
saas
e commerce
software
Investors
Jobs Ohio Growth Capital Fund, Venture 53, Capital Midwest, Refinery Ventures
FRAYT, the last-mile on-demand delivery and logistics platform, today announced that it has closed $7 million in Series A funding, led by Refinery Ventures with participation from Capital Midwest, Venture 53, and the JobsOhio Growth Capital Fund. FRAYT will use the financing to drive product innovation, support rapid market expansion and grow its leadership team.
Company Info
Location
407 vine street, suite 175
cincinnati, ohio, united states
Additional Info
FRAYT is a last-mile on-demand delivery and logistics technology company that offers businesses professional, on-demand shipping through an intuitive web platform and mobile app. The company has over 12,000 drivers in over 50 markets across the United States, headquartered in Cincinnati, Ohio. For more information, please visit www.frayt.com.