FR8Labs - About the company
FR8Labs is a seed company based in Singapore (Singapore), founded in 2022 by Patuwo Steve, Glenn Lai and Lu Weiliang Felix. It operates as a Provider of a cloud-enabled freight forwarding software. FR8Labs has raised $1.5M in funding from investors like East Ventures, Venturra Capital and FEBE Ventures. The company has 728 active competitors, including 69 funded and 51 that have exited. Its top competitors include companies like Kale Logistics Solutions, WiseTech Global and Magaya Corporation.
Company Details
Provider of a cloud-enabled freight forwarding software. It provides an OS for SME freight forwarders. The platform offers quotations, booking confirmations, shipment operations, and invoicing features to streamline the operations. It provides a tool that assists in shipping document creation. It leverages AI to support the decision making process in routing and general operations.
- Website
- fr8labs.co
- Email ID
- *****@fr8labs.co
- Phone Number
- +65 **********
Key Metrics
Founded Year
2022
Location
Singapore, Singapore
Stage
Seed
Total Funding
$1.5M in 1 round
Latest Funding Round
Investors
Ranked
46th among 728 active competitors
Annual Revenue
SGD 0 - 1M as on Dec 31, 2023
Employee Count
25 as on May 31, 2026
Similar Companies
Legal entities associated with FR8Labs
FR8Labs is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FR8LABS PTE. LTD. CIN: 202210012H , Singapore, Active | SGD 0 - 1M (As on Dec 31, 2023) | - |
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FR8Labs's funding and investors
FR8Labs has raised a total funding of $1.5M over 1 round. Its latest funding round was a Seed round on Nov 30, 2023 for $*****. 6 investors participated in its latest round. FR8Labs has 6 institutional investors.
Here is the list of recent funding rounds of FR8Labs:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 30, 2023 | 6461043 | Seed | 9646853 | 6314156 | 9018038 | 1012328 |
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FR8Labs' founders and board of directors
Founder? Claim ProfileThe founders of FR8Labs are Patuwo Steve, Glenn Lai and Lu Weiliang Felix. Glenn Lai is the CEO of FR8Labs.
Here are the details of FR8Labs' key team members:
- Patuwo Steve: Co-Founder of FR8Labs. They serve on the board of 1 company.Contact Info: 1 email address
- Glenn Lai: Co-Founder & CEO of FR8Labs. They serve on the board of 1 company.Contact Info: 1 email address
- Lu Weiliang Felix: Co-Founder & CPTO of FR8Labs. They serve on the board of 1 company.
FR8Labs' Board of Directors
FR8Labs's board has 3 active members. Patuwo Steve, Glenn Lai and Lu Weiliang Felix are part of team.Here is the list of FR8Labs' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 4y 2m | |
Team | - | Current | 4y 2m | |
Team | - | Current | 4y 2m |
View details of FR8Labs's Founder profiles and Board Members
FR8Labs' employee count trend
FR8Labs has 25 employees as of May 26. Here is FR8Labs's employee count trend over the years:
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FR8Labs's Competitors and alternates
Top competitors of FR8Labs include Kale Logistics Solutions, WiseTech Global and Magaya Corporation. Here is the list of Top 10 competitors of FR8Labs, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Kale Logistics Solutions 2010, Thane (India), Series B | Provider of cloud-based platforms for logistics, ports, and trade facilitation | $40.1M | 75/100 | |
2nd |  WiseTech Global 1994, Schaumburg (United States), Public | Provider of a cloud-based logistics software suite | $35M | 72/100 | |
3rd | Magaya Corporation 2001, Miami (United States), Late Stage | Provider of cloud-based supply chain and logistics software for businesses | - | 63/100 | |
4th |  Senior Sistemas 1988, Blumenau (Brazil), Unfunded | Provider of enterprise resource planning, supply chain, and human capital solutions | - | - | 63/100 |
5th | DispatchTrack 2011, Saratoga (United States), Late Stage | AI-powered last mile delivery software optimizing logistics and customer experience | $144M | 61/100 | |
6th |  Raft 2017, London (United Kingdom), Series B | Developer of agentic software platforms for automating supply chain operations | $30M | 61/100 | |
7th |  Vector AI 2017, London (United Kingdom), Series A | AI & web-based automated freight forwarding and management solution for the logistics industry | $15M | 60/100 | |
8th |  RXO 1998, San Francisco (United States), Public | Cloud based platform providing freight forwarding solutions | - | - | 60/100 |
9th |  Bearing.ai 2018, Palo Alto (United States), Series A | Provider of AI-powered platform for optimizing maritime shipping operations | $7M | 57/100 | |
10th | AI-powered multimodal logistics platform for end-to-end supply chain digitization | $10.3M | 56/100 | ||
46th | Provider of a cloud-enabled freight forwarding software | $1.5M | 40/100 |
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FR8Labs's Investments and acquisitions
FR8Labs has made no investments or acquisitions yet.
Reports related to FR8Labs
Here is the latest report on FR8Labs's sector:
News related to FR8Labs
•
Backed by East Ventures, Fr8Labs aims to digitize Asia’s logistics industryTechCrunch+•Nov 30, 2023•FR8Labs, East Ventures, FEBE Ventures
•
Singapore’s Fr8Labs secures $1.5M seed funding for market expansionTechNode•Nov 30, 2023•East Ventures, FR8Labs, FEBE Ventures, Kaya Founders and 2 others
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