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Frayt

United States, US · Founded 2017 · Delaware corporation · 76 employees on LinkedIn · 7 known investors

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Frayt operates a logistics technology platform designed to build an innovative ecosystem for the logistics industry. The company focuses on logistics solutions serving businesses that require delivery and supply chain services.

B2B MarketplacesLogistics & Supply ChainSaaS

Founders & leadership

Frayt was founded in 2017 by Luke Denny.

LDLuke Denny
Luke DennyCo-founder & CEO
TY
Timothy YarbroughNamed on SEC filing
CB
Clancy BoyerNamed on SEC filing
JM
Joshua McCordNamed on SEC filing

Investors · 7

gener8torlisted by gener8torBeloit

How we know: gener8tor's portfolio page · Not right? Tell us

JobsOhio Ventureslisted by JobsOhio VenturesColumbus

How we know: JobsOhio Ventures's portfolio page · Not right? Tell us

Refinery Venturelisted by Refinery VentureCincinnati · $1M – $2M

How we know: a partner's Signal profile · digitaljournal.com · Not right? Tell us

Also in the syndicate · 3

Jobs Ohio Growth Capital FundJobsOhio Growth Capital FundVenture 53

Reported raises · per SEC filings

Form D private placements

$6.4M disclosed across 1 round · 2022

▶$6.4MraisedJan 2023 · 5 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Luke DennyExecutive Officer, Director
  • Timothy YarbroughDirector
  • Clancy BoyerDirector
  • Joshua McCordDirector
Offering amount
$6.4M
Amount sold
$6.4M
First sale
Dec 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

Related companies · 5

CurriCurri provides logistics and delivery solutions for the construction and industrial materials supply chain. The company serves trades workers and construction professionals who need reliable material delivery rather than spending time sourcing supplies themselves.
DispatchDispatchOne is an AI-powered delivery logistics platform that enables businesses to customize and optimize their last-mile delivery operations.
DropoffDropoff provides same-day courier and delivery services for businesses, including retailers and e-commerce brands, with real-time tracking, flexible delivery options, and supply chain optimization. It serves over 270 global brands with 24/7 customer support.
GoShareGoShare operates an on-demand marketplace app that connects businesses and consumers with a network of independent delivery professionals driving box trucks, cargo vans, pickup trucks, and cars for last-mile delivery and moving services. It handles cargo ranging from pallets and LTL freight to furniture and small parcels, with same-day or scheduled availability and machine-learning-based upfront pricing.
RoadieRoadie operates a crowdsourced nationwide delivery network that lets retailers and businesses offer same-day and scheduled delivery of almost any item, reaching most U.S. households via 30,000+ zip codes. It serves high-volume retailers and merchants through delivery products that fulfill from stores or distribution centers and integrate with UPS systems.

Companies working in the same space as Frayt.

In the news

FRAYT Raises $7 Million, Brings Last Mile On-Demand Delivery to Over 50 Major U.S. Marketsfinance.yahoo.com · Apr 2023FRAYT Closes $7 Million in Series A | The SaaS Newsthesaasnews.com · Apr 2023

Frequently asked questions

What does Frayt do?
Frayt operates a logistics technology platform designed to build an innovative ecosystem for the logistics industry. The company focuses on logistics solutions serving businesses that require delivery and supply chain services.
Who founded Frayt?
Frayt was founded by Luke Denny in 2017.
Who are Frayt's investors?
Frayt's investors include Capital Midwest Fund, gener8tor, JobsOhio Ventures, Refinery Venture.
How much funding has Frayt raised?
Frayt has disclosed $6.4M raised across 1 round.
Where is Frayt headquartered?
Frayt is headquartered in United States, US.