Fundraising Fox

Frayt

United States, US · Founded 2017 · Delaware corporation · 76 employees on LinkedIn · 8 known investors

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.

Founders & leadership

Frayt was founded in 2017 by Luke Denny.

LDLuke Denny
Luke DennyFounder
TY
Timothy YarbroughNamed on SEC filing
CB
Clancy BoyerNamed on SEC filing
JM
Joshua McCordNamed on SEC filing

Investors · 8

Also in the syndicate · 4

Capital MidwestJobs 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.

Competitors · 5

by search overlap
Curri65 shared keywordsCurri 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.
Dispatch55 shared keywordsDispatch operates a last-mile delivery orchestration platform that unifies on-demand delivery, owned fleet operations, and carrier coordination with intelligent routing and integrations to ERP, TMS, and CRM systems. It serves businesses managing final-mile logistics, including large suppliers and retailers such as Sherwin-Williams, Ferguson, ABC Supply, and Lowe's Pro Supply.
Dropoff51 shared keywordsDropoff 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.
GoShare50 shared keywordsGoShare 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.
Roadie47 shared keywordsRoadie 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 competing with Frayt for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

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.