FRAYT is revolutionizing the logistics industry with its on-demand delivery platform. This Startup recently raised $7M in its Series A funding round
April 14, 2023
FRAYT is revolutionizing the logistics industry with its on-demand delivery platform. The Cincinnati-based startup recently raised $7M in its Series A funding round, with Refinery Ventures, Capital Midwest Fund, and Venture 53 as its investors. Founded by Luke Denny, FRAYT offers timely and reliable same-day delivery services to businesses. With its intuitive platform, customers can easily schedule their deliveries in just five minutes, leaving the heavy lifting to FRAYT. The platform matches businesses with experienced FRAYT drivers, ensuring optimal delivery experiences for customers.
Real-time tracking, alerts, and confirmation can be shared with customers, boosting efficiency and saving businesses money. FRAYT's strength lies in its ability to handle deliveries of any size, from the smallest items to multiple pallets, and provide bundle deliveries to optimize spending. FRAYT's Dash Service offers businesses a dedicated vehicle and professional driver, ensuring that customers receive their orders on time. With FRAYT, businesses can focus on their core operations and delight their customers with professional delivery services.