Fundraising Fox

Frate

Austin, US · Founded 2022 · Delaware corporation · 4 known investors

frate.co ↗

An AI-powered returns management portal for Shopify merchants that automates returns processing, prevents fraud, and optimizes exchange and refund decisions to reduce costs and boost customer retention in ecommerce.

AI & Machine LearningE-commerceSaaSin /returnwithfrate

Founders & leadership

BNBailey Newton
Bailey NewtonExecutive Officer, Director
YLYenn Lei
Yenn LeiDirector
RB
Ryan BrosharDirector

Investors · 4

Better Ventures Central LlcOakland · $500K – $1.5M
Matchstick VenturesMinneapolis · $500K – $1.5M
2048 Venturesreported · 2 sourcesNew York · $500K – $3M
Whitecap Venture PartnersreportedToronto · $1.5M – $3.6M

Reported raises · per SEC filings

Form D private placements
▶$4.2MraisedSep 2024 · 10 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Yenn LeiDirector
  • Bailey NewtonExecutive Officer, Director
  • Ryan BrosharDirector
Offering amount
$4.2M
Amount sold
$4.2M
First sale
Sep 2024
Incorporated
Corporation, Delaware, 2022
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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